The European Union officially agreed to impose an embargo on Iranian oil, today. The AP reports that the union's 27 foreign ministers agreed on an immediate ban on new contracts for oil and existing contracts will be allowed to run through July 1.

Surely I am not the only one who has harbored secret dreams of being an heiress — not the nouveau riche kind with a reality television crew trailing behind me, but the sort with a full staff, gobs of silver and afternoons spent on the hunt. Though I've come around to my untitled American life, I still adore reading books about drafty old houses and the privileged people who inhabit them.

The New York Giants made the Super Bowl with a three-point win over San Francisco. The New England Patriots made the Super Bowl with a three-point win over Baltimore. Now Las Vegas oddsmakers are taking bets on the big game. The Patriots are favored to win by three.

Court opinions are usually not that exciting but a judge in Chicago is trying to liven up his rulings with illustrations. In one, he used an iconic photo of Bob Marley. The case was about a prisoner's right to keep his dreadlocks on religious grounds.

The Florida primary on Jan. 31 is the next nominating contest in the GOP presidential campaign. On Saturday, Newt Gingrich won the South Carolina primary. On Sunday, he was saying it's now a two-man race between Mitt Romney and himself.

Steve Inskeep has the Last Word in Business.

Transcript

STEVE INSKEEP, HOST:

Here's a name back in the news: R. Allen Stanford. In the midst of the financial crisis he was charged with running a $7 billion Ponzi scheme against thousands of investors in the United States and Latin America. Now his trial is set to begin today in Houston.

From member station KUHF, Andrew Schneider has more.

Transcript

STEVE INSKEEP, HOST:

Announcers also remembered Joe Paterno during yesterday's pro football games. Those two conference championships on Sunday determined the lineup for the Super Bowl. The New York Giants will play the New England Patriots in a rematch of a Super Bowl from four years ago. Neither team made it to the big game easily. Both have great quarterbacks, but on Sunday, both had to rely on defense. Here's NPR's Mike Pesca.

Republican presidential candidate Mitt Romney is campaigning in Florida following a big loss over the weekend to Newt Gingrich in the South Carolina primary. Romney told a crowd that Gingrich resigned in disgrace after four years as speaker of the House.

Legendary Penn State football coach Joe Paterno died Sunday at the age of 85. He was fired by the university last fall following the sexual abuse charges against one of his former coaches.