Federal Reserve Chairman Ben Bernanke faced tough criticism Thursday from a Senate committee for the central bank's failure to regulate risk-taking on Wall Street.

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As CEOs, labor leaders, and economists gather at the White House Thursday to discuss how to accelerate U.S. job creation, their challenge is tackling double-digit unemployment while keeping the deficit under control.

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In other news, Ben Bernanke defended his tenure as Federal Reserve chairman before Congress on Thursday, and House Speaker Nancy Pelosi suggested using money left over from the Wall Street bailout to create more jobs.

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In other news, the United Nations reported that Iraq will delay its national elections by one more month, and China, India, Brazil and South Africa refused to cut carbon emissions by 2050.

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The Middle East is roiling with news that Dubai will postpone repaying $60 billion in loans to international banks. Faisal Islam of Independent Television News has the story.

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Margaret Warner talks to economic expert Simon Johnson about how Dubai's weak economy will affect the rest of the world.

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In other news, Iran was censured Friday by the United Nations for refusing to cooperate with a uranium program recommended by the U.N.'s nuclear agency, and Afghan President Hamid Karzai reached out to the Taliban in hopes of bargaining a…

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Columnists Mark Shields and David Brooks go over the week's headlines, including President Obama's upcoming Afghanistan announcement and his promise to curb carbon U.S. carbon emissions.

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The number of people seeking unemployment insurance for the first time fell to its lowest point since September 2008, the Labor Department reported Wednesday.

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As part of his series Making Sense of the financial crisis, Paul Solman looks at how the dollar's weakness has spurred a new gold rush.

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