Yesterday, President Barack Obama announced a historical settlement of a long-running probe into allegedly shoddy foreclosure practices at the nation’s five largest loan services.

Though crude oil prices are nearly unchanged from their level last year, gas prices around the country were higher last month than any other January on record. According to AAA, the national retail average price for a gallon of self-serve regular gasoline stands at $3.48, nearly 12% more than 12 months ago.

On Friday of last week, it was announced that unemployment rate fell in January to 8.3% and that more jobs were created than previously expected. As a result the Dow Jones industrial average rallied to levels not seen since the summer of 2008 and the S&P 500 is nearing its 2011 high.

Today we’re going to have some fun and look at some amazing numbers and figures Super Bowl 46 generated this past weekend

Last Friday the Labor Department reported that the US jobless rate dropped to 8.3%. This is the fifth month in a row the nation’s unemployment rate has fallen and it is presently at the lowest level since February 2009. It was also reported that the economy added 243,000 jobs last month – the most in 9 months.

President Obama’s administration took steps on Thursday to broaden the options retirees have for managing their 401(k) retirement savings and make the fees charged on 401(k) plans more transparent.

During his State of the Union speech President Obama outlined a proposal to allow homeowners with privately held mortgages to take advantage of record low rates. Yesterday during a speech in Virginia, Obama released details about this proposal and urged Congress to take action.

In an interview with Business News Network I discussed Exxon Mobil’s quarterly earnings report that was released yesterday. We also talked about how refining profits are dropping and my outlook for crude oil.