Are You Happy? Ben Bernanke Wants to Know [Derived Headline]

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Are you happy? Ben Bernanke wants to know

Ben Bernanke wants to know whether you are happy. The Federal Reserve chairman said Monday that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Economics isn't just about money and material benefits, Bernanke said. It is also about understanding and promoting "the enhancement of well-being." Bernanke and Fed policymakers rely on reports on hiring, consumer spending and other economic data when making high-stakes decisions about the $15 trillion U.S. economy. "We should seek better and more- direct measurements of economic well-being," Bernanke said in a videotaped speech shown to a conference of economists and statisticians in Cambridge, Mass. After all, promoting well-being is "the ultimate objective of our policy decisions." Bernanke acknowledged that many people aren't too happy right now.

4 hotels to get $1M upgrade

Four Extended Stay hotels in the region are each undergoing a $1 million upgrade by the owner, Extended Stay America of North Carolina. The guest rooms in all are having extended tables installed along with new 32-inch flat screen TVs, said Larry Broderick, regional director of sales. Also new in each is a "Grab- and-Go" breakfast. The Extended Stay Deluxe hotel at Robinson Town Center is replacing its outdoor swimming pool. The other hotels are located off Route 22 in Monroeville; on Lebanon Church Road in West Mifflin and in the Carnegie Office Park, Carnegie. The work should be completed by the end of August, Broderick said.

YouTube won't be in next iPhone

Apple Inc. said Google Inc.'s YouTube won't be included in the next version of iOS, the software used in the iPhone and iPad, the latest evidence of escalating competition between the two companies. "Our license to include the YouTube app in iOS has ended," said Trudy Muller, a spokeswoman for Cupertino, Calif.-based Apple. "Customers can use YouTube in the Safari browser, and Google is working on a new YouTube app to be on the App Store. …