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What's going on with the local housing market? The decline in housing prices is slowing down, and home sales are on the rise. Yet, the number of foreclosures is increasing, and unemployment remains high.

On Wednesday, the San Diego City Council approved new political boundaries for city council districts and added a 9th district. The year-long effort by the Redistricting Commission has changed boundaries and created winners and losers.

While there seem to be a few positive signs for the San Diego housing market, experts agree the downturn has been unprecedented and perhaps just the beginning. The most recent good news comes from a report that shows home values grew on a monthly basis for the first time in three years. Prior to May, home prices had been in steady decline since July 2006. The bad news is it only grew by 0.4 percent, and the housing market usually has some sort of upswing in the spring or summer.

The U.S. economy continues to deteriorate, with claims for unemployment benefits jumping to a seasonally adjusted 589,000 in the latest week and Microsoft announcing Thursday that it is cutting 5,000 jobs. The bad news extended to the housing market, as new-home construction plunged to an all-time low in December.

In his first budget plan, California Governor Jerry Brown called for more than $12 billion in spending cuts and a restructuring of state government.

This segment on healthcare starts with the news of California's federal waiver allowing the addition of 500,000 more people to MediCal. Then New York Times bestselling author T.R. Reid ("The healing of America") tells us that " despite all the rights and privileges and entitlements Americans enjoy today, we have never decided to provide medical care for everybody who needs it." Reid talks about what we can learn from other countries -- if we're willing.

For the first time in 35 years, Justice John Paul Stevens is not on the Supreme Court bench as a new term opens. The 90-year-old justice, who retired this summer, talks to NPR about baseball, taking cases one at a time, and the one vote he would change.

Now that the Senate has passed a hotly debated health care bill, Congress is headed to the next step: House-Senate negotiations in January to try to hammer out a final version. Here's where things stand and how you might be affected.

What's the outlook for the local construction industry in 2011? We review the key issues for the new year, and discuss which segments of the local construction industry might experience an uptick.

Top officials from ten U.S. Cabinet-level agencies, led by Treasury Secretary Henry Paulson, will meet with their counterparts from China this week. The goal is to ease tensions over trade and currency issues.