FM radio for biking?

OK, this is really miscellaneous! I bike to work, and recently bought Radio Shack's "best" portable radio (about the size of a deck of cards), and their best earbuds. The radio was about $60, and the earbuds about $30.

The radio doesn't do very well. It is very prone to static depending on where it is positioned. The sound isn't bad (except for a quite noticeable background hiss)when the reception is good. It would be OK if I found a good spot and didn't move!

The radio has digital tuning and a "mono" switch, but still seems to be poor at "pulling in" stations.

Does anyone have suggestions for a better device for listening to the radio while biking? I'd be willing to spend as much as a couple hundred dollars.

Also, what do people use (if anything) for earphones? These earbuds sound decent, but generate quite a "whistle" in the breeze when I get moving.

Thanks for the bandwidth!

- Eric