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Stocks: Pointing higher as Fed fears ease

Written by  |  Tuesday, 18 June 2013 04:46  |  Published in Top Stories

U.S. stocks rose Monday after a choppy session.

NEW YORK (CNNMoney)

Investors look set to push stocks cautiously higher in the hope that the Fed will calm fears about an early end to cheap money when it wraps up a two-day meeting starting Tuesday.

U.S. stock futures firmed ahead of the opening bell by as much as 0.4%.

At 8:30 a.m. ET, the U.S. Bureau of Labor Statistics will publish the May edition of the Consumer Price Index, the government's gauge for inflation.

Rookie teachers woefully unprepared, report says

Written by  |  Tuesday, 18 June 2013 03:44  |  Published in Top Stories

Tue Jun 18, 2013 12:18am EDT

(Reuters) - The U.S. teacher training system is badly broken, turning out rookie educators who have little hands-on experience running classrooms and are quickly overwhelmed by the job, according to a report released Tuesday by the National Council on Teacher Quality.

The review found "an industry of mediocrity," with the vast majority of programs earning fewer than three stars on a four-star rating scale - and many earning no stars at all.

Charitable giving grew in 2012, albeit modestly -report

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories

WASHINGTON | Tue Jun 18, 2013 12:25am EDT

WASHINGTON (Reuters) - Individual charitable giving in the United States grew almost 4 percent last year, while corporate donations rose at triple that rate, according to a report that shows donations by Americans to nonprofit groups mirroring the slow recovery of the larger economy.

Overall, U.S. donations to bolster the arts, health, religion and other activities totaled $316.2 billion in 2012, a 3.5 percent increase from the $305.5 billion donated in 2011, according to the report, "Giving USA.

Saudi prince eyes world's big cities for mile-high tower

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories

DUBAI | Tue Jun 18, 2013 3:01am EDT

DUBAI (Reuters) - Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London and New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.

The prince is inviting Dubai's biggest real estate developer Emaar Properties, chaired by Mohammed Alabbar, to team up with his investment firm Kingdom Holding on the project.

Hungarian man, 98, charged with World War II crimes: prosecutors

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.

NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Naked man accused of attacking subway commuters faces felonies

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories
STORY HIGHLIGHTS
  • Incident occurred May 10 at a subway station in San Francisco
  • Naked man is shown on video doing acrobatics, chasing commuters
  • He's charged with two felonies, five misdemeanors
  • He is due back in court on Tuesday afternoon

(CNN) -- Here's hoping Yeiner Garizabalo wears more to court Tuesday than he did in a San Francisco subway station in May.

When last we saw him, the 24-year-old appeared in a bizarre video where he, sans clothing, performed acrobatics off subway equipment, then went after commuters trying to catch a train.

Snowden claims online Obama expanded 'abusive' security programs

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories
STORY HIGHLIGHTS
  • NEW: Man said to be Edward Snowden claims Obama has a chance to "return to sanity"
  • NEW: NSA programs face only "symbolic" oversight, columnist says
  • Purported Snowden blog post says any possibility of a fair trial has been destroyed
  • Another post says Obama "deepened and expanded" abusive security programs

Washington (CNN) -- A series of blog posts on Monday purportedly by Edward Snowden said he leaked classified details about U.S. surveillance programs because President Barack Obama worsened "abusive" practices instead of curtailing them as he promised as a candidate.

CNN poll: Obama numbers plunge into generation gap

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories
STORY HIGHLIGHTS
  • Obama approval rating drops 8 percentage points over the past month
  • Lowest rating in more than 18 months, according to a CNN/ORC International survey
  • Drop fueled partly by a plunge in support from younger Americans
  • Obama has been dealing with controversies while priorities stall, job market sluggish

Washington (CNN) -- It's a glaring number in a national poll that's making headlines.

President Barack Obama's approval rating dropped 8 percentage points over the past month to 45%, the president's lowest rating in more than 18 months, according to a CNN/ORC International survey released on Monday.

Source: 'Highly credible' info led to new Hoffa dig; murder put on Detroit mob

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories
Nearly 40 years after his disappearance, former Teamsters boss Jimmy Hoffa, pictured circa 1955, remains among America's most famous missing persons. Authorities have been searching for the once powerful union boss since he vanished in 1975.
Hoffa slumps in a chair at the Teamsters union office. He was one of the most powerful union leaders in America until being forced out of the organized labor movement. He went to prison in 1967 for jury tampering and fraud before being pardoned four years later.

Ghostly sailors and sweethearts come to life in underwater art gallery

Written by  |  Tuesday, 18 June 2013 03:43  |  Published in Top Stories

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