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CNNW CNN Newsroom July 13, 2012

it is $5.8 billion and counting. that s how much the nation s biggest bank said it lost so far from a complex trading scheme that was supposed to hedge against risk. the updated figures came in as the ceo jamie dimon personally briefed analysts on second quarter earnings which still managed to beat expectations. team coverage this morning, alison kosik live at the new york stock exchange to explain how this could impact all of our wallets. let s start with felicia taylor. you re at jpmorgan chase headquarters in new york. we have a healthy bank, o do we have a healthy bank i guess judging by overall earnings? reporter: actually, we do. the point is let s look at the numbers and what we know now as a result of that risky trade. as you mentioned, a $5.8 billion loss. nevertheless, the company was able to absorb the losses and make $5 billion in the second quarter. so when you talk about the health of the bank, no question about it, they had earnings that outpaced expect ....

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CNNW CNN Newsroom July 7, 2012

an unannounced visit to afghanistan and announcement on troop withdrawal. two great whites threaten the coast of cape cod. now the hunt is on to find them before they claim a human life. good morning, everyone. i m randi kaye. it is 8:00 on the east coast. 5:00 a.m. out west. thanks for waking up with us. we start this morning with the economy and new jobs report. it wasn t quite what experts had hoped. just 80,000 jobs added in june. that fell below expectations and caused a ripple through the stock market. the dow down 124 points at the close. there was some good news. additions in manufacturing jobs was a highlight for the white house. 14,000 jobs were added in that sector. so how is this all playing on the campaign trail? we ll get into that at the bottom of the hour. there are a number of weather warnings across the country today. it s because it s going to be a scorcher for many of you. take a look at the map with me. if you live in these areas, and i m sure y ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120629:11:07:00

you know, if you take advantage of this, if you are employed, i know that i do and it saves tons of money over the year because you can pay for these things pretax dollars. apparently that won t be an option anymore. another part of the tax that i think is important, too, is that you now pay 3.8% on unearned income tax for people making over $250,000. for those making under, you ll pay up to .9% on all your ages. that is the middle class. yeah. rush limbaugh said yesterday on his radio show, obamacare was a lie. it was a self-tax on all americans and nobody knew it until today. meaning yesterday. the other medical devices and why that stock dropped on wall street yesterday, it s because the medical devices that no longer has an itemized deduction. measuring what s in your blood, those people are taking a big hit today. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120627:20:33:00

And the bad news is he is at 45 or 47 and 45 percent respectively so he has work to do in those states to convince voters in the states that he is the man to lead the country for another four years. neil: can you explain something, to me, why the polls swing to wildly. we saw the president up by four in florida right now and a couple of weeks ago he was down by seven and up a lot in ohio and a couple weeks ago it was romney leading by three, and i expect a little volatility, i understand, but not that much volatility. or is that par for the course? guest: well, it depends on the poll. you have to look at, comparing apples to apples and that is one reason we use the politics average, of clear politics and we feel that is an accurate tool for measuring. neil: what does that tell you? nationally it is one thing because they go back and fourth two or three points in each other but the electoral vote is what this is about the first to ....

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Detailed text transcripts for TV channel - MSNBC - 20120627:10:32:00

Here? the other thing that the poll shows is people do not know how they feel about health care. it s amazingly unformed and i think that those opinions will be formed by what the supreme court does. people will the problem the whole time. positively or negatively, to a great measure by what the court says. so that is still a big unknown. we also don t know what the economic wins will look like, europe will look like, a lot of undetermined things. it s not only the advertising but what is reinforced by these appearances. joe biden in iowa the last couple days and other key states where he was making the argument yesterday, that mitt romney is a job creator if your job is overseas. so that s the outsourcing argument that they re trying to make. you can say it s not accurate, you can argue the what private equity does or doesn t do but that s the message they re hammering home. focusing their attack. remember the context here also. this month this past month that this polli ....

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