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2:42 am
Tue May 15, 2012

The Latest On JPMorgan Chase

Originally published on Tue May 15, 2012 7:51 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

JP Morgan Chase has long had the reputation of being one of the better managed big banks in the country. So how did it make a $2 billion blunder and what does it tell us about banking today, nearly five years after the onset of the financial crisis? When such questions are looming, we often turn to David Wessel, economics editor of The Wall Street Journal.

And, David, welcome back to the program.

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NPR Story
2:42 am
Tue May 15, 2012

Facebook Raises Anticipated Stock Price

Originally published on Tue May 15, 2012 7:51 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a price hike for Facebook shares.

(SOUNDBITE OF MUSIC)

INSKEEP: OK, they're not even on sale yet, but investor excitement over Facebook's upcoming initial public offering has prompted the company to raise the price range for its shares. Sources say the new range will be from $34 to $38 per share. That's up from a previous range of $28 to $35.

Election 2012
2:09 am
Tue May 15, 2012

JPMorgan's Loss A Gain For Campaign Positioning

The U.S. and JPMorgan Chase flags wave outside its headquarters in New York on Friday.
Eduardo Munoz Reuters /Landov

Originally published on Tue May 15, 2012 7:51 am

The fallout from banking giant JPMorgan Chase's $2 billion — and counting — loss has made its way into the presidential campaign. The president and presumptive GOP challenger Mitt Romney have very different views about the regulation of Wall Street, in particular the Dodd-Frank financial systems overhaul law.

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Family Matters: The Money Squeeze
1:07 am
Tue May 15, 2012

Paying For College: More Tough Decisions

Kelley Hawkins (center) smiles at her daughter Carley (left) as her other daughter, Chelsea (right), looks on, in their family home in Harrisburg, Pa.
Kainaz Amaria NPR

Originally published on Wed May 23, 2012 8:48 am

Middle age is prime time for saving money. From your late 40s through early 60s, you're supposed to squirrel away cash to cope with health care costs in your old age.

But for millions of Americans, middle age also is the time when children are seeking help with higher-education bills, and elderly parents may be needing assistance with daily care.

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The Salt
1:06 am
Tue May 15, 2012

Jetlagged By Your Social Calendar? Better Check Your Waistline

It doesn't take a transcontinental flight to end up out of sync with your body clock. It might just be that you stay up too late.
iStockphoto.com

Originally published on Tue May 15, 2012 7:51 am

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