Boston Marathon suspect charged
Hibernian 0-0 Aberdeen
Moving Out And Buying In: Single Ladies Emerge As Homeowners
Even though it's tough to purchase your own home in this economy, single women are making it work. After married couples, they're the largest demographic group of homebuyers. In fact, their share of the market is twice that of single men.
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Moving Out And Buying In: Single Ladies Emerge As Homeowners
Even though it's tough to purchase your own home in this economy, single women are making it work. After married couples, they're the largest demographic group of homebuyers. In fact, their share of the market is twice that of single men.
VIDEO: Teacher jailed for bathroom filming
Arraignment Of Boston Bombing Suspect Start Of Long Legal Path
Dzhokhar Tsarnaev, who was charged today in his hospital room, is eligible for the death penalty.
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Canada Charges Two In Plot To Attack Train Line With Al-Qaida's Help
Canadian authorities have disrupted an alleged plot to derail a passenger train line near Toronto, the Royal Canadian Mounted Police announced Monday. The two accused, Chiheb Esseghaier and Raed Jaser, are charged with "conspiring to murder" in an act linked to a terrorist group. The authorities say the suspects are not connected to last week's attack on the Boston Marathon.
Peers reject workplace rights scheme
FBI: No Ricin Found At Mississippi Suspect's Home, Car
The 45-year-old Paul Kevin Curtis is better known as an Elvis impersonator. His lawyers said he is being set up by an enemy.
Pink too ill to perform
Why a private equity tycoon is funding a scholarship in China
So what can $300 million buy you in China? Perhaps, the Chinese version of the Rhodes Scholarship.
That's what the Chinese and American private equity mogul Stephen Schwarzman are hoping. The Blackstone Group founder is doling out $100 million of his own money and raising another $200 million to set up an international scholarship program at elite Tsinghua University in Beijing. Alumni include business leaders as well asa China's president, Xi Jinping.
The scholarship will enable 200 students a year to study for a master's degree, and come into close contact with top Chinese students.
"This scholarship for China is a soft power coup," says Marketplace's China Bureau Chief, Rob Schmitz. "If you're the Chinese communist party, the students you want to reach will now be coming to you."
And it's not just the Chinese government that wants to make a good impression abroad. Investors in the scholarship want to demonstrate their continued committment to working in China.
"If you take a look at who's donating money to this scholarship, it's basically a who's who of U.S. companies doing business here," Schmitz says. "You've got Boeing, Caterpillar, J.P. Morgan Chase, Bank of America... all these companies do big business in China."
Money raised for the scholarship will fund 10,000 students over the next 50 years. About half, Schmitz says, will be from the U.S.
Potential applicants take note, fluency in Mandarin is not required.
"The emphasis here seems to be more on schmoozing with other elite students in China, getting to know the country a little, but not getting to know the culture or language too deeply."
Huhne fights demand for legal costs
Bacteria 'can produce diesel fuel'
Mindful spending after the recession?
Chase announced earlier today the launch of a new online initiative called "The Resource Center for Mindful Spending." It's meant to help consumers "take steps toward a better financial future."
What inspired Chase to emphasize financial literacy?
"They may see their job as getting us to trust them first," says Michael D'Antonio, co-author of "Spend Shift: How the Post-Crisis Values Revolution Is Changing the Way We Buy, Sell, and Live."
In his research, D'Antonio found there are new ideas about consumption, driven by ideas beyond getting or having. Chase could be trying to keep up with new demand from consumers.
Chase is emphasizing the idea of "mindful spending" which D'Antonio says takes us back to a time before credit cards.
"When you had a wad of bills in your pocket, you could feel it getting smaller," he says.
Could up-to-the-second updates on your finances could help keep spending -- and end of the month anxiety about credit card bills -- in check? "Information is a great cure; I think it's better than Xanex."
According to data Chase released along with news of the Mindful Spending Initiative, only 39 percent of Americans are spending the same or more than they did during the recession. D'Antonio says that seems accurate based on his research.
"I think people are taking pride in spending less," he says, pointing to examples of people getting their toasters repaired instead of buying new ones. "It's a great pleasure to be able to extend the life of something that you paid good money for.”
It's still tough to say if this rejection of hyper-consumerism is a long-term trend because a portion of the population, like young people, is unemployed or under-employed. It still remains to be seen if young people will maintain frugal ways when their incomes go up.
D'Antonio's latest work is "The Athena Doctrine: How Women (and the Men Who Think Like Them) Will Rule the Future."
X Factor finalist's parents' 'held'
Government facing criticism for Grey Thompson snub
The Warts That Bind Your Family And Friends
Children who got warts were more likely to have school classmates and relatives with warts. But going swimming, using public showers and going barefoot had little effect on whether a kid had warts or not.
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Service held for Stephen Lawrence
Justices Weigh Speech Rights For Groups Getting U.S. Funds
The U.S. Supreme Court grappled with a tough First Amendment issue on Monday that pits congressional priorities against free speech rights. At issue: what speech limitations may be placed on private groups that receive federal grant money to fight HIV/AIDS abroad.
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