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This edition was published on 06/25/08 at 10:33 p.m. [ Go to the front page ]

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A sold sign is posted in front a home that fell into foreclosure, still bearing holiday lights in Los Angeles. Median home prices dropped 26.7 percent in May across Southern California compared with last year, a real estate research firm said. (Photo by Damian Dovarganes / AP)

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Fed keeps US interest rates at 2 percent

Key U.S. interest rates have been held at two percent in an expected move, amid signs of continuing problems in the housing market and falling consumer confidence.

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BBC

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What the Fed decision means for you

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CNNMoney

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MSNBC

Sodden, crumbling levee protects Missouri town

Sodden and crumbling, the Pin Oak levee was the only thing standing between Winfield, Missouri and the flood-swollen Mississippi River.

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CNN

Nelson Mandela condemns Mugabe 'failure'

President Robert Mugabe faced deeper international isolation, with anti-apartheid icon Nelson Mandela rebuking the Zimbabwe leader for the first time.

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ABC News

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UN criticizes Zimbabwe violence

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International Herald Tribune

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Mugabe rival calls for end to political crisis

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MSNBC

Supreme Court rejects death penalty for raping children

The Supreme Court outlawed executions of people convicted of raping a child, saying it violates the Constitution's ban on cruel and unusual punishment.

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Obama: States should have right to execute child rapists

Democrat Barack Obama says he disagrees with the Supreme Court’s decision outlawing executions of people convicted of raping a child.

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Chicago Sun-Times

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Death penalty will be reserved for murderers

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CNN

FBI arrests more than 300 people in child sex crackdown

In a series of raids, authorities have arrested more than 300 members of prostitution operations and removed 21 juveniles from sex-selling rings, the FBI announced.

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CNN

NATION

Jury convicts Entwistle of double murder of wife, daughter

Neil Entwistle was found guilty of murdering his wife and infant daughter in Massachusetts in 2006.

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ABC News

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Cop: Entwistle joined online swingers club

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CNN

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Briton could face up to life in prison

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MSNBC

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Midwest flooding may aid outside farmers

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Philadelphia Inquirer

POLITICS

Obama sets sights on 14 Bush states

Sen. Barack Obama will focus his resources largely in 14 states George W. Bush won in 2004, his chief field operative said, hoping to score upsets in places like Virginia, Indiana and Georgia.

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CBS News

Obama asks contributors to help Clinton with debt

Sen. Barack Obama has asked top contributors to help his former rival for the Democratic presidential nomination, Sen. Hillary Clinton, retire her debt, an Obama campaign source said.

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CNN

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Bill Clinton backs Obama, but through spokesman

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Reuters

LIVING AND ENTERTAINMENT

Disney-Pixar charts new territory

Disney-Pixar blasts off into uncharted territory with the release of animated film "Wall-E," a space adventure mixing an unusual love story with sombre messages about the future of Earth and humankind.

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Reuters

Kanye West, Chris Brown snag BET awards in Los Angles

Kanye West, Chris Brown and Alicia Keys were big winners at s Black Entertainment Television Awards in Los Angeles, Calif.

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People

HEALTH

E. coli outbreak may be tied to beef

Ground beef may to blame for an E. coli outbreak that has sickened at least 32 people in Ohio and Michigan.

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WebMD

Gene variant may contribute to Alzheimer's disease, researchers find

Researchers say they've discovered a gene that may make it easier for people to develop Alzheimer's disease, and it could become a target for drug treatments.

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Forbes

EDUCATION

Education wanes compared to inflation as campaign issue, polls find

With the general election less than five months away, voters’ concerns about rising gas prices and the sagging economy trump education as a campaign issue.

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US students improve in math and reading

Minorities and the poor make the most progress, narrowing the performance gap. Are federal reforms working?

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Christian Science Monitor

RELIGION AND SPIRITUALITY

New computer program shows how faith may have evolved

Religion, it seems, has always depended on the kindness of strangers. Faith is beset by a world that often tramples on imagination and rewards strict rationality.

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Religion News Service

King Abdullah seeks stability by reaching out on religion

In an effort to open the dialogue between Christians, Muslims and Jews, Saudi Arabia's King Abdullah first seeks to mend the divisions between Shia and Sunni within Islamic communities.

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Financial Times

Columns And Op-Ed

The opinions in the items below are not necessarily those of DailySource or our editors. Read more.

Exxon's slap on the wrist

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Seattle Post-Intelligencer

Is Ralph Nader losing it?

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Salon.com

The hole in their resumes

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Newsweek

Give the Gloucester girls a break

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TIME

Column (Evan Thomas):

The hole in McCain and Obama's resumes

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Newsweek

Column (Ralph Peters):

I'm for McCain, but not the GOP

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USA Today

Column (Robert Samuelson):

The return of inflation

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Real Clear Politics

Whales are safe, for now

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Economist

Biofuels put bucks over ducks

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Christian Science Monitor

A new honor for an old wrestler

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Site edited by: Jameson O'Neal, Lukas Dregne, Pallavi Sukhia, Conrad Hain and Catherine Lux.

GOOD NEWS

GIs challenge injuries with sports

Running, cycling and swimming, injured veterans are using sports as a tool for mental and emotional rehabilitation.

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Christian Science Monitor

A Monet sets a record: $80.4 million

A record price for a Monet, $80.4 million, was set for one of the rarest of his oil paintings of waterlilies.

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International Herald Tribune

WORLD

Pakistan agency accused of plotting attack on Karzai

The Afghanistan government publicly accused the Pakistani intelligence service of organizing the plot to assassinate President Hamid Karzai at a parade in Kabul.

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International Herald Tribune

Georgian president meeting Rice, Merkel in Berlin

U.S. Secretary of State Condoleeza Rice met with Georgian President Mikhail Saakashvili and German officials in Berlin to discuss solutions regarding the tense relations between Russia and Georgia.

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BUSINESS

Oracle profit advances 27 percent

Oracle posted a 27 percent increase in profit and overtook International Business Machines Corp. as the second-largest software maker, buoyed by overseas orders and sales from acquisitions.

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Bloomberg

Grasso wins appeal on 4 of 6 claims at top New York court

Richard Grasso, former New York Stock Exchange chairman whose $190 million pay package is under legal attack, won an appeal that may make it easier for him to keep the money.

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Bloomberg

SPORTS

Inspirational Turks fall short in soccer's European Cup

With thunderstorms rumbling around the arena, Germany progressed to their first European Cup final since 1996, on course to face Spain or Russia in Vienna, Austria.

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FOXSports

Marat Safin surprises Novak Djokovic

Former world number one Marat Safin sent third seed Novak Djokovic crashing out of Wimbledon.

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Telegraph.co.uk

SCIENCE & TECHNOLOGY

Report: Majority of world's malware originates from China

Stopbadware.org has released a report on badware hosting and the geographical locations from which badware originates. China tops the list with 689 badware sites per million.

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Ars Technica

Nokia will buy Symbian, but doesn't want to control it

Symbian Foundation announced that Nokia wants to set Symbian free, so it's buying it. Is this how Nokia expects to answer the challenge from Google's Open Handset Alliance with Android?

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BetaNews

ENVIRONMENT

Major technological progress needed to make renewable energy affordable

Progress in renewable energy technology is needed if the U.S. desires to produce 25 percent of its electricity and vehicle fuel from renewable sources by 2025 without significantly increasing costs.

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Environmental News Network

Intelligence agencies: Climate may threaten security

Global climate change is likely to trigger humanitarian disasters and political instability that will have a major impact on U.S. national security, a top intelligence official told Congress.

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NPR

IN CASE YOU MISSED IT

The oldest Americans are also the happiest, research finds

Eye-opening new research finds the happiest Americans are the oldest, and older adults are more socially active than the stereotype of the lonely senior.

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Photo of the Day

Israelis watch fireworks during the celebration for the inauguration of the light rail bridge in Jerusalem. (Photo by Dan Balilty / AP)

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