12:50pm: Government plans envision a huge network serving most major cities, yet funding is small and the future is uncertain. More- Stocks rise on Greek bailout hopes
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Broadway star Scarlett Johansson is selling her L.A. pad for $2 million less than she paid. More -
Former Merrill Lynch CEO John Thain is being asked to work his magic on small business lender CIT. More -
Pinkish purple cars is Dodge's new tough-guy color for the Dodge Challenger muscle car. More -
Lenders are collecting from owners like Vanessa Corey even after a short sale or foreclosure. More -
The $10 electronic hamsters were last year's monster hit. Meet the encore. More -
Former Fed chief has been the "designated goat" for Wall Street. No more. More -
A sculpture recently sold for a record price. See the 5 most expensive works of art. More
Taxes paid by employers to fund benefits for the jobless are spiking as states replenish trust funds. Some lawmakers are trying to minimize the impact. more
Overnight avgs
| 30 yr fixed mtg | 5.03% |
| 15 yr fixed mtg | 4.41% |
| 30 yr fixed jumbo mtg | 5.89% |
| 5/1 ARM | 4.04% |
| 5/1 jumbo ARM | 4.51% |
Economist Lakshman Achuthan of ECRI says the next decade will be plagued with high jobless rates as economic cycles shorten. Play
Facing massive national debts, some European nations are planning to cut spending even as unemployment continues to rise. Play
In what may be a first for a major company, Sun Microsystems CEO Jonathan Schwartz announces his resignation in haiku-form on Twitter. Play
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