Obama Order to Shut Gitmo, CIA Detention Centers

The number of people filing for new jobless benefits jumped to 589,000 last week, a figure that is considerably higher than analysts' expectations of 520,000. The figures from the previous week were also revised up to 527,000.

Obama's Busy First Day

Besides retaking the oath of office on his He instituted a pay freeze for senior staff, saying that "families are tightening their belts and so should Washington."

He also vowed more transparency in his administration and to "close the revolving door that lets lobbyists come into government freely and lets them use their time in public service as a way to promote their own interests over the interests of the American people when they leave."

ABC News' Luis Martinez and Ariane de Vogue contributed to this report.

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