cnbc eamon javers joins us now with some of the details. good evening. >> reporter: campaigning in ohio today president barack obama told voters there about the federal government about the wto complaint against the chinese government. the president saying chinese subsidy for the auto industry will hurt american workers. >> these are subsidies that hurt american men and people on the assembly lines in ohio, michigan and across the midwest. >> reporter: mitt romney spent part of his day today pushing against media reports that his campaign is in disarray including in this interview he conducted earlier today with telemundo. >> i've got a terrific campaign. my senior campaign people work extraordinarily well together. i work well with them. our campaign is doing well. >> reporter: but you could see some strategy in the romney campaign. injecting more specifics of spending cuts that he would like to see into a standard stump speech. take a listen. >> i'm going to put the federal government on track to a balanced budget by eliminating programs.

and from washington, cnbc's eamon javers. john, i want to go to you first. you were in charlotte, i was there yesterday. there was a lot of expectation of course on the president's shoulders as far as what he could and would deliver. the word i think that has been most touted in the hours since he's delivered his speech is workmanlike in terms of the characterization of his speech. i thought it was very effective insofar as he seemed like he was speaking to that middle, those independent voters who haven't been following this campaign very closely and he really needed to have an elegant argument made as to why they should re-elect him. what was your assessment? >> i guess, alex, i'm sort of in the workman wilike category. one of the kind of cliches in the immediate aftermath, some of the reporters and cynics in our business have been harsher on the speech than i would be, but the notion that it sounded at least in the first two thirds of it kind of like a state of the union, and kind of familiar in that way, like it sounded like a lot of barack obama's state

eamon javers has the new threat on social media. >> hi.e second cybersecurity report and the details show the threat is going mobile. look at some of the findings in this report. see what i'm talking about. starting with the sophistication of the attacks and targeting specific information. they know the information inside your company they're going for now and just targeting that rather than a broad blanket attack, using social media, twitter and facebook to gather information. that makes that malware e-mail seem much more realistic than the old-fashioned days of the nigerian scam from fake prints you didn't believe that one and might believe these. mobile devices under attack. android's system is the most targeted. virtually all new mobile malware detected in the second quarter was directed at that android platform. if you have the iphone, you're not off the hook either. clearly the threat is going mobile with these devices. maccafee told me this morning a lot of corporate security is built around the desktop but not as robust as mobile d

so we go to eamon javers, here to fact check. >> we look at the speech by former president clinton last night. it won't surprise you to learn politicians pick and choose facts carefully. there is what he said and also what he didn't say. starting out with the question of what the deficit was, take a listen to what bill clinton said. >> republican economic policies quadruple the national debt before i took office. in the 12 years before i took office. >> here's the point he didn't make. of course under president obama the deficit has increased. national debt going from september of 2009 of just over 11 trillion to september of 2012 to over 16 trillion dollars. obviously that's a point bill clinton didn't make last night. clinton talked about the economic recovery in the 1990s. here's what he did say. >> thankfully by 1996 the economy was roaring. everybody felt it. >> here's what he didn't mention. this is the nasdaq chart. look at the drop around 2000. that was a bit of an economic decline that happened as the dot com bubble burst and caused a recession. clinton not mentioning that. on

eamon javers separating fact and fiction to the sound of trumpets. ♪ >> we should have trumpets on everyere. let's look at the brand new ad from barack obama's team. then we'll slice and dice on the other side. listen. >> he attacked millions of hard-working people making 25, 35, 45,000 dollars a year. they pay social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying taxes. what happens in the second half of the ad? >> they are comparing apples to oranges again. >> they did the same thing they accused the romney team of doing which is ignoring all of the state, local, real estate, sales and other taxes people pay. for the record we checked. what did mitt romney pay according to his 2011 tax returns? here's what he paid in state and local taxes. he paid over 1.3 million dollars in state and local. he paid $214,000 plus in real estate taxes and a whopping $146 in personal

eamon javers live in washington with the details. >> reporter: we have a he said/she said between theand the fbi of all federal agencies. let's take a look at what we know so far. the hacker group is called antisec claiming to have posted 1 million apple identifying data pieces of information. they also say that they've got 12 million of these i.d.s in total and only posting a few as a sample. they say they got the information from the laptop of a fbi special agent by hacking in to that laptop and includes unique device identifiers, user names and in some cases links it to personal information such as e-mail addresses. now, here's what the fbi says about this. they say at this time there is no evidence indicating that a fbi laptop was compromised or that the fbi either sought or obtained this data. now, i talked to the fbi about that this morning and saying there's no evidence of this agent had this information on his laptop. wasn't a personal situation with it on an off the the record basis. they say he simply didn't have the information that the hacker group said he had. now, here's

. >> many thanks to eamon javers. so is president obama already making concessions to avoid the looming tax and fiscal cliff or just playing election politics. take a look at what he told cbs yesterday. >> so i'm more than happy to work with the republicans. what i've said in in reducing our deficits, we can make sure we cut 2 w1/2 dollars for ever are dollar of increased revenue. >> we will go to our distinguished house members in just a moment to talk about this. first up, here to discuss the politics and impact the government has on the stock market is our great friend, jim yo urio, optimally, what do you want to hear from these guys? >> we won't hear any work will be done on the fiscal cliff before the election. i don't expect anything optimally, we won't repeal obama-care, this won't happen. we're is a situation now, this election is a referendum on regulation about corporate taxes. that's what we're voting on coming up here. i don't expect anything today. >> the whole world is watching this and will walk away fr

let's get right to our own eamon javers. >> the department of treasury announcing an additional $2.7 billion in profits from aig stock sales just today. we saw last night they announced a major sale of aig stock, they are saying today that underwriters exercised their overallotment and therefore, the option in full to purchase approximately 83.1 million additional shares of aig common stock at the public offering price of $32.50 per share. now, i just hung up the phone with folks over at the department of treasury and they say that when you lump in this 2.7 billion dollars from the stock sale today that gives total profits to taxpayers from the aig bailout of $15.1 billion, all told, brian. >> i will take it up from there as we were talking about with bob pisani today there has been titanic volume in aig shares today. thank you, iman. >>> the meantime, we are going to talk jessica simpson. she has debuted her postbaby body on national television. she did that yesterday, a lovely photo of her here. she says she has lost now 40 pounds on the weight watchers program. of course, she has

. >> eamon javers, thank you very much. let's start. fact that qe is now here takes one of the uncertainties of the investing year off the table. was there going to be qe or not? the other uncertainty is the fiscal cliff that eamon was just talking about. how do you handicap it? how do you prepare for it? what do you do in light of that looming fiscal cliff? >> tyler, that is certainly our biggest near term risk. most of the other big macro risks have been taken off the table. there's no way to handicap it other than to say the base case is kick the can to 2013 and probably resolve this under a new administration for the existing administration, but the next president is going to have to deal with it. >> certainly will be a different administration or a different congress. who knows which way that may tilt? you see it as the biggest risk out there, biggest uncertainty out there. let's talk about qe3. did it surprise you in any dimension? >> i think it's very surprising. this is a historic moment for bernanke, who's making an open-ended

eamon javers will lay out the reasons for you. >>> and yahoo!'ut to unveil a new game plan. we'll look ahead at the key points that investors should be looking for. >>> new headlines raising new questions about facebook and privacy. a closer look at 1:00 p.m. on "power." >>> barclays initiating coverage on halcon resources. weiss, you've been positive on this name. you've been in this name. floyd wilson, guy running this company, has been on this show multiple times. i know you're a believer. where's the disconnect? the stock is down more than 80% year to date. >> i spoke to a number of really high-end investors about this. they're all looking, but right now, you've got a stock that's not quite fully valued. his $11 target is high. but that's based on what the assets are right now. they will be making many more acquisitions, which means that he'll keep moving his price target up. so it's a question of the street getting to know it. not that many analysts follow it. you'll see, my guess, goldman come out and recommend it, jpmorgan come out, create

eamon javers with the latest in washington. >> reporter: the u.s.igations is releasing a major new report on what they call tax dodging by u.s. multinational corporations. let me bring you some of the details that are in this report just out within the past few minutes. they are saying u.s. multinationals have dodged billions in taxes by shifting profits to low tax jury dictions overseas. a hearing later on today will focus on transfer pricing and other loopholes. there are two companies that are going to be in the cross hairs here today. first one is microsoft. the senate subcommittee saying from 2009 to 2011 microsoft was able to shift offshore nearly $21 billion or almost half of its u.s. retail sales net revenue, saving up to $4.5 billion in taxes on goods sold inside the united states. also in the crosshairs today is hewlett-packard. the senate committee saying about hp, since at least 2008, hp has used billions of dollars of intercompany offshore loans to effectively repay treeuate untaxed foreign profits back to the u.s. to run u.s. operation

cnbc's eamon javers will join us next with more on that. >>> then a political strategy session with kellyannein two minutes. >>> are you suffering from market fatigue? do you feel confused and out of touch with today's markets? you may be suffering from a serious condition known as information deficit disorder. >> it may be related to an imbalance between natural nerve cells in the brain. >> there's a cure, tune in to "squawk box" for instant relief. "squawk box's" premiere interviews atack market fatigue at the source, flooding your knowledge receptors with the information your body needs. side effects of "squawk box" include mental clarity, upward career mobility, abnormal portfolio growth and sudden inability to change the channel. take three hours of "squawk box" and be ready for your morning. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. ♪ [ male announcer ] introducing a stunning work of tech

we'll get to eamon javers with more on the situation in libya overnight.od morning to you, carl. we've learned in the past few minutes that president obama is joini ining secretary of state hillary clinton to pay their respects to a diplomatic corps clearly shaken by the loss in libya and the attacks that killed four americans last night. earlier the president was joined in the rose garden by secretary of state hillary clinton as he addressed the american people about these attacks in libya. take a listen. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure our diplomats. i've also directed my administration to increase our security at diplomatic posts around the world. and make no mistake, we will work with the libyan government to bring the justice the killers that attacked our people. >> in those rose garden comments, the president did not respond directly and explicitly to mitt romney's comments earlier, the republican presidential nominee criticized the administ

eamon javers has more on that. eamon? >> good morning.ok at president obama's numbers since starting as president. his first month in office until august of 2012, you see, in february of '09 we had just over 132 million jobs, now over 133 million. actually, a net increase of 463,000 jobs since february 2009. that's an opportunity cost based on where we would have been in a healthy economy, much higher than that. take a look sector by sector. the sectors that have added the most jobs since president obama has been in office, education and health up 1.2 million jobs. that's driven almost entirely by health, not by the education side and then professional services at just over a million jobs added and leisure and hospitality at about 500,000 jobs added. just for fun, we ran the top five companies and how they have done in the stock market since president obama was sworn in and you'll see kind of a grab bag of different stocks here. priceline, apple, whole foods, wyndham, xl group, all up humongously since president obama was sworn in. what a