New research from the Brookings Institution says Americans will pay up to $1,500 more in rent every month to live in a "walkable" neighborhood — say, a place near their dry cleaners or grocery store or favorite restaurant.

The main newspaper in New Orleans, which received praise in its Katrina coverage, has announced budget cuts which will mean staff layoffs and a reduction in print editions to three days a week.

As budget woes continue to plague lawmakers in Washington, D.C., as well as leaders in Europe, we speak to the leader of California, Gov. Jerry Brown, over his state's financial issues. Officials in Houston are trying to figure out what to do with the Astrodome — renovate it or tear it down. Manufacturers are reporting slowing sales of desktop and laptop PCs suggesting a slow down in economic growth, but computer sales may no longer be a reliable indicator of new hires and overall business growth.

If you're looking for a safe place to park your money, think Ford. Moody's has boosted the automaker's debt to investment-grade, giving a thumbs up to a long financial turnaround for the company. Today, struggling tech giant Hewlett-Packard will announce whether the company will shed tens of thousands its workers. With Memorial Day approaching, parents begin to consider summer plans and the value of camp for their kids. This week Target launched a line of Gay Pride T-shirts on its website in time for Gay Pride month in June which may help mend fences between the retailer and the gay community.

There's a new warning this morning from the Organization for Economic Cooperation and Development that says the 17 nations that use the euro are at risk of falling into a severe recession. It's been two years since the BP Oil Spill in the Gulf of Mexico, and today officials from government are looking at one item central to that spill: the blowout preventer. As soon as next week, Southwest Airlines could get clearance to build a brand new international terminal at Houston's Hobby airport — but one competitor is doing its best to thwart those plans.