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Row homes valued at $400,000 each, which are offered for free in a "buy one, get one free" deal, are seen in Escondido

Home Affordable Refinance Program (HARP): 4 Things to Know

The U.S. government announced Monday that it will revise the Home Affordable Refinance Program (HARP) which would allow underwater homeowners to refinance their mortgages. But will the HARP overhaul affect the housing market and the economy at a whole? Here are 5 things you need to know about HARP.
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The exterior shot of the State Capitol is seen as California legislators work late into the night to pass a $40 billion budget in the building in Sacramento, California

Debts of States over $4 Trillion: Budget Group

The total of U.S. state debt, including pension liabilities, could surpasses $4 trillion, with California owing the most and Vermont owing the least, according to an analysis released on Monday.
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Fed could target housing to help economy: Dudley

The weak housing sector continues to pose a strong headwind to the economic recovery, and the Federal Reserve could potentially do more to drive down mortgage rates to support the sector, an influential Federal Reserve official said on Monday.
A screen grab shows the access to Netflix online as displayed on a television screen in Encinitas

Netflix Warns of More Cancellations, Shares Drop

Netflix Inc lost more customers than it anticipated in the third quarter and warned of still more defections to come, pushing its shares down almost 20 percent as the one-time Wall Street star grapples with the fallout from a price hike and other unpopular moves.
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QE3 among Fed's remaining bullets, Dudley says

Another round of quantitative easing is a possible option for the central bank as it attempts to boost the slow U.S. economic recovery, one of the most influential Fed officials said on Monday.
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WikiLeaks says blockade threatens its existence

WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial blockade by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said on Monday.
Stuart Walker

Stuart Walker's Brutal Murder in Cumnock: Will Gay Hate Crimes Ever End?

Stuart Walker, a young gay hotel manager and barman, was found tied, beaten and burned alive in Cumnock, Scotland this weekend. Though police will not confirm that Walker was the victim of a hate crime, his death, evoking as it does the legacy of Matthew Shepard and the rash of gay teen suicides in North America, is a testament to how far the LGBT movement still has to go, and how stark a reality dying for who you love can still be for gay teens and adults.
Kurdish man displays picture of PKK leader Abdullah Ocalan during in Diyarbakir

The War Escalates Between Turkey and The Kurds

While the humanitarian tragedy arising from the quake will not occupy the hearts, minds and bodies of the local population – the longer-term struggle between Kurds and Turks will likely not abate.
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Rajaratnam says U.S. pushed to turn on friend: report

Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs Group Inc director Rajat Gupta, Newsweek Daily Beast reported.
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Caterpillar quarterly earnings jump 44 percent

Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled optimism in its 2012 outlook.

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