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The Two-Way
7:42 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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New In Paperback
7:21 am
Thu June 7, 2012

New In Paperback June 4-10

Credit

Originally published on Thu June 7, 2012 10:24 am

Fiction and nonfiction releases from Julian Barnes, Joan Didion and Sugar Ray Leonard.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

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

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

Originally published on Thu June 7, 2012 9:21 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
6:54 am
Thu June 7, 2012

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

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

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
6:26 am
Thu June 7, 2012

Ex-House Speakers Request To Be Cellmates

Originally published on Thu June 7, 2012 6:34 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.

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