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Housing prices to hit bottom this spring: economist

U.S. housing prices overall are expected to hit bottom by spring 2011 and begin a gradual rise in 2012, Frank Nothaft, chief economist and vice president of housing lender Freddie Mac said on Wednesday.
Democratic gubernatorial candidate Andrew Cuomo celebrates after winning the election for Governor in New York, November 2, 2010.

New York governor cuts his own pay 5%

In yet another example of a cash-strapped state seeking to alleviate a crushing budget deficit, the newly-elected governor of New York, Andrew Cuomo, has slashed his salary by 5 percent and may seek to freeze salaries across the state for one year.
Playstation 3

Sony Hits PlayStation Hacker With Lawsuit

Sony Computer Entertainment America has filed for a restraining order against a hacker who posted a method of jailbreaking PlayStation 3 consoles, allowing them to run other operating systems and software not authorized by Sony.

NASA's Kepler Finds New Rocky Planet

Astronomers have discovered Kepler-10b, the smallest planet outside our solar system and the first that is undoubtedly rocky like Earth but more hotter than molten iron.
Eco-buildings eligible for tax breaks starting July 2011

America's Greenest Universities

Three among the United States' premier universities find a place among the top 5 in University of Indonesia's Green Metric Ranking of World Universities for 2010
Newly sworn Gov. Jerry Brown of California. Consumer advocates are urging Brown to push for tighter health insurer regulation.

Health insurance rates soar in California

While the House of Representatives is moving towards repealing the national healthcare reform law passed last year, residents of the nation’s largest state are facing another round of health insurance rate hikes.
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Retired Boeing employee wins half of Mega Millions lottery

The Mega Millions lottery announced the final winning numbers 4, 8, 15, 25, 47 and 42 and the winners are from Idaho and Washington state, triggering a joke on the online that the shoe winners may be cursed now. The jackpot money of $355 million will be shared by two persons from Idaho and Washington state.
Not extending jobless aid may cost 600,000 jobs-W.House

US initial jobless claims rise

The number of people claiming unemployment benefits rose during the week ending Jan. 1, according to a report by the U.S. Labor Department.
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Enjoy movies sans black bars with Vizio's Ultra-widescreen 21:9 HDTV

Whether you're watching 2001, Lord of the Rings, Kill Bill, Toy Story 3, or countless other movies, you can watch them in their original aspect ratio and without black bars, the Irvine, California-based Vizio said. The 50 inch and 58 inch class sizes will be available later this year, and the company plans to showcase a 71-inch version too.

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