CEOs get a raise as average pay goes up 15 percent. Meanwhile, planned job cuts rose 7 percent in April, with the education sector hardest hit. The head of the European Central Bank said today that economic growth has to be central to the plan to get Europe out of its debt crisis. But a shift away from austerity will be easier said than done. Plus, Clinton and Geithner meet in China for talks; Tsunami trash headed to our Pacific shores; and older workers facing softening job market.

The number of new homes starts last month fell, but a rise in future home-construction plans gave economists hope that the housing market has stabilized. Meanwhile, the number of new students taking the law-school entrance exam dropped to the lowest level in 12 years. Also on the show, China announced a major increase in gas prices, a reported delay in cleaner fuels could harm the new engines designed to burn it, and an oil spill off the coast of Brazil last November is the subject of a lawsuit this week. Plus, our interview with the author of a story that makes comparisons between Mitt Romney's GOP campaign and that of French President Nicolas Sarkozy.

Forty states have signed onto a settlement deal with the nation's largest banks over abusive foreclosure practices. We talk to the attorney general from the hold-out state of Delaware to find out why he wants a better deal. Congress passed a bill to fund technology upgrades for the FAA, but airline industry unions are balking at the deal. And Puerto Rico looks to ease its overpopulation of invasive iguanas by exporting them as "exotic meat." Plus, more headlines from this Tuesday morning.

Research In Motion gets a new CEO, but will he find a future for BlackBerry in an era of touch screens and not keyboards? Cocoa prices are down and a lack of demand. Solar energy gets a cloudy forecast, and guitar makers question wood import laws. Plus, an economic forecast for this first day of the Chinese New Year.