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The Two-Way
5:42 am
Thu June 7, 2012

Jobless Claims Dipped Last Week

There were 377,000 first-time claims for unemployment insurance last week, down 12,000 from the week before, the Employment and Training Administration reports.

But in yet another mixed signal about how the economy's doing, that welcome dip is tempered by the fact that the "4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000." Economists watch that average because it offers a slightly larger look at the trend.

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The Two-Way
5:17 am
Thu June 7, 2012

After Big Gain, Markets Look To Rise Again; All Eyes On Bernanke

Originally published on Thu June 7, 2012 7:21 am

Following up on one of the best rallies in months on Wednesday, stock index futures are pointing to a higher start today on Wall Street, Dow Jones Newswires says.

The Associated Press says there are "hopes that Europe is preparing to take action to tackle the region's financial crisis and that the Federal Reserve will consider additional support for the U.S. economy."

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The Two-Way
4:54 am
Thu June 7, 2012

U.S. Is Running Out Of Patience With Pakistan, Panetta Says

Defense Secretary Leon Panetta earlier today in Kabul.
Shah Marai AFP/Getty Images

American officials are "reaching the limits of our patience" with Pakistan because that nation continues to allow terrorists to use its territory "as a safety net in order to conduct ... attacks on our forces," U.S. Defense Secretary Leon Panetta said today in Kabul, Afghanistan.

The Associated Press also writes that:

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Around the Nation
4:26 am
Thu June 7, 2012

Ex-House Speakers Request To Be Cellmates

Originally published on Thu June 7, 2012 4:34 am

Two former House speakers in Pennsylvania are proving politics doesn't have to be partisan. Democrat Bill DeWeese was convicted on corruption charges and began serving time at a prison near Harrisburg. He was approached by his former legislative rival, Republican John Perzel to room together.

The Two-Way
4:25 am
Thu June 7, 2012

New Massacre Reported In Syria; Clinton Condemns 'Unconscionable' Acts

With reports coming out of Syria about another massacre, Secretary of State Hillary Rodham Clinton today used some of her sternest language yet about what she said is the Assad regime's "unconscionable" crackdown on the Syrian people. Reuters reports she said President Bashar Assad must cede all power and leave Syria.

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Latin America
4:20 am
Thu June 7, 2012

Bicyclist Rides Super Tall Bike Around Cuba

Perched on his homemade bike, Felix Guirola rides around Havana. The bike is so tall; he can peer over buses and second-story windows. Hanging traffic lights do pose a problem.

Business
3:48 am
Thu June 7, 2012

Nasdaq To Pay For Botched Facebook Trades

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with NASDAQ compensating clients.

(SOUNDBITE OF MUSIC)

MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.

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Education
3:37 am
Thu June 7, 2012

How The Housing Industry Affects Students' Future

Transcript

RENEE MONTAGNE, HOST:

We're going to hear now about some surprising consequences of the weak housing market in this country. It turns out that the value - even on a paper - of a home can affect the college choices that a family makes.

NPR science correspondent Shankar Vedantam regularly joins us to discuss social science research. He's here this morning to talk about those new findings. And good morning.

SHANKAR VEDANTAM, BYLINE: Hi, Renee.

MONTAGNE: This new research, describe it for us.

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Afghanistan
3:33 am
Thu June 7, 2012

Panetta Makes An Unannounced Trip To Afghanistan

Transcript

DAVID GREENE, HOST:

Secretary of Defense Leon Panetta is in Kabul, Afghanistan. He arrived this morning for a quick, unannounced visit with troops and also to check in on the progress of the war. Panetta's trip comes a day after a Taliban attack in southern Afghanistan left over 20 dead and at least 50 people wounded. Also yesterday, NATO forces were being blamed for allegedly killing civilians in an early morning strike.

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Business
3:28 am
Thu June 7, 2012

Google Shows Map Features, Apple Likely To Follow

Transcript

DAVID GREENE, HOST:

Google has fired the first shot in what might come to be known as the map wars. Yesterday, the company unveiled new features, such as maps in 3D. Google made its move just five days before Apple is expected to announce its own new and improved mapping software.

Google made its move just five days before Apple is expected to announce its own, new and improved mapping software. NPR's Laura Sydell reports.

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