"the wall street journal" report. now maria bartiromo. >>> here's a look at what's making news as we head into a new week on wall street. a new blow to major financial institutions in the united states and around the world. moody's issued a ratings downgrade of 15 major banks including five in the united states. they are morgan stanley, goldman sachs, citigroup and bank of america. the news could have been worse for morgan stanley. theback lobbied against a more severe downgrade. the ratings cuts will be passed on to customers. >>> after a two-day meeting this week the federal reserve announced it is extending so-called operation twist which is a program to buy long term bonds and keep interest rates low. the fed's move disappointed the markets which were hoping for a more decisive move. by thursday the dow jones industrial average plumbed more than 250 points. the markets rebounded friday. crude oil tumbled below $75 a barrel. the slowing global economy and decreased demand is pushing prices lower. that's translating

. >> tom: the company behind fox television and "the wall street journal" could be the next big firm to make two companies from one. news corp is considering splitting in two. if it happens, news corp would join several other firms making breaking up the thing to do. kraft foods, conoco-phillips and mcgraw hill-- three companies that will soon be six, as they each separate their businesses into two different companies, a path news corp is now thinking about. for news corp, the split would put its newspapers, like "the wall street journal" and "new york post," into one company, and its so-called entertainment units-- fox television, cable and movies-- into another. >> this would shine a brighter light on the entertainment assets, which have a lot of good growth potential, both domestically and overseas. >> tom: a split like the one news corp chairman rupert murdoch confirms he is considering usually is seen as an effort to cleave apart businesses with different profit growth potentials. in this case, newspapers are seen as slower growing, compared to news corp's fox properties. the co

, "the wall street journal report." now maria bartiromo. >> here's a look at what's making news. a grim and disappointing jobs report for the month of may. the economy created just 69,000 new jobs. well below expectations. the unemployment rate actually ticked up .1% to 8.2%. march and april numbers were revised downwards as well. this is the worst monthly number in a year. that helped push 10-year treasury yields to record elds yielding below 1.5%. more investors are guying government bonds which sends prices up and yields way downwn. it was a miserable may for the bulls on wall street. the dow suffering the worst month in two years falling about 6%. for the entire month, the dow had no back-to-back gains. for the week, the dow fell. mixed results for auto sales in the month of may as well. general motor sales up 11%. ford 13%. chrysler saw a gain up 30%. but still below expectations. toyota was up 87%. and shares of facebook hitting a new low this week. the stock fell below $27 a share thursday. after going public at

welcome to the "wall street journal report." i'm maria bartiromo mow. it's all about the benjamins. ben bernanke, that is. >> does that mean extending the tax cuts? >>> my controversial interview with bill clinton about tax cuts, private equity and why the white house wasn't happy about it. >>> secrets to a successful start-up. my conversation with the founder of luxury e-tailor, guilt group. >>> and what went right? the "wall street journal" begins right now. >>> here's look at what's making news as we head into a new week on wall street. we're ready but we're not doing anything yet. that was the word from federal reserve chairman ben bernanke this week testifying before a congressional committee. he said if the economy needs help, if europe worse rns, the fed is prepared to step in and europe is still a concern. >> the situation in europe poses significant risks to the u.s. financial system and economy and must be monitors closely. as always, the federal reserve remains prepared to take action as needed to protect the u.s. financial system in an economy in the event of financial s

welcome to "the wall street journal report." i'm maria bartiromo. europe teeters on the brink. will it save itself? greece, italy, spain, all facing disaster. what happens next and could it be good news for the united states? but europe isn't the only global story. what do you tell retail investors about the emerging global markets? where do you get in? where will the next economic miracle happen and how do you get in on it? and the new trend in weddings this summer. "the wall street journal report" begins right now. >> here's a look at what's making news heading into a new week on wall street. on the hot seat, jpmorgan chase ceo jamie dimon appearing before a senate committee abcing questions about what went wrong when the bank lost billions in trades in london. dimon said those who made the mistakes will pay the price. >> for senior people, most of these people, we can claw back even for things like bad judgment, claw back any uninvested stock, things like cash bonuses, so it's pretty extensive the ability to claw back. >> and in talking about clawbacks, dimon was also asked

be seen as wall street journal poll new n.b.c. wall street journal poll new n.b.c. news wall street journal poll our new n.b.c. news wall street journal poll in this latest wall street journal n.b.c. news head to head match up president obama holds a narrow lead over governor romney it's a dead heat i want to throw up some more poll twenty eight percent of you romney's bain experience negatively look at the battleground states which we poll a dozen of them here's the bad news for governor romney he trails in these swing states fifty percent of people living in those eleven battleground states for president obama a four point margin white voters men and suburban women midwesterners in for voters and voters who are college educated forty seven percent to forty four a statistical tie within the margin of error if you look at women president obama's leading fifty two. two percent to thirty nine percent voters interest voters and the all important swing state voters fifty two percent to thirty five percent for mitt romney today use it fifty forty two is that romney's supp

the "the wall street journal report." now, maria bartiromo. >> here's a look at what's making news as we head into a new week on wall street. we're ready but we're not doing anything yet. that was the word from ben bernanke this week testifying before a congressional committee. he said if the economy needs help, if europe worsens, the fed is prepared to step in. >> the situation in europe poses significant risks to the u.s. financial system and economy and must be monitored closely. as always, the federal reserve remains prepared to take action as needed to protect the u.s. financial system and economy in the event of financial stresses. >> the fed chairman's testimony helped cool the marks thursday which had been hoping for a clearer sign of additional easing. the dow had its best day of the year wednesday up better than 280 wed. the markets continued to rise friday. 30-year mortgages hid 30.67% and that continues to boost prospects for home sales this year. >>> changes brewing at starbucks. the company will start selling

and "wall street journal" editor and "wall street journal" editor says he's insane. ♪ it means cleanerr american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in t economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >> continue to cut spending, no doubt. and by spending tens of billions --. >> that is senator bob casey great pennsylvania. and now, listen to this again. >> spending tens of billions on tax cuts. >>neil: steve moore caught the same, does congress spend money on tax cuts? the best selling author from "wall street journal" and what do you make of that? >>guest: there -- everyone is tag about the tax cliff. bernanke talked about it in his testimony. and it is so important for people to understand, there are two cliffs. one is the spending cuts that are scheduled as part of debt reduction deal. the other is the big, what we call tax-ageddon. my view is that the tax, raising the

i just want to point out, that is the nbc news "wall street journal" poll, not "the wall street journal" poll. >> i apologize. >> you sound like harry reid with the bro and the dude, john. let's talk about quickly though what the first team called the undefined romney. we saw with the decision from the supreme court regarding the arizona law, the president's deportation policy that romney is still largely undefined. i believe it was joecarborough who brought up the point that others have. is he going to try to run out the clock, hope that these unemployment numbers that come out of the next couple of months are not good and that's the way to win? >> a lot o his strategy is going to be running out the clock. that's not all he can do. he does have this problem of most americans know his name but don't know much about him. he hasn't been able to connect with people on a personal level. he has a lot of raw material working in his favor in terms of economic conditions and dissatisfaction with the economy under obama. he's got to fill in the picture in ways that make him more appealing to mor

as you suggest militarily to do much about any of these problems. >> bill: that's what the "wall street journal" said today. >> hopes for understanding and he encourages. that's about all can he do. >> bill: that's what the "wall street journal" said today. our power in the world now is not in any way, shape, or form, effective to solve anybody's problems. we can't even get this thug assaad out thereof because russia and iran are selling weapons propping them up and giving them military help. we can't do anything about it. nothing. >> i think that's an arguable point there are things that the united states could have done in jerry declined to do. imposed a no fly zone. our military is stretched thin no doubt about that war in iraq is ending. some of that pressure has eased to some extent there are things we could have done. the president has chosen for whatever reason not to go there answered prefers always to operate within the framework of some international organization the united nations or whatever, to give him some political cover within his own party, i suspect. and the result is we don'

stephen moore is an editorial writer with the "wall street journal."hat is equal and what is fair? what is pornography? a nobel prize winning economist here to explain into the fear, the terror, what is happening to your money now? you've been following markets? we'll show you how exactly to take advantage of what's going on while other people are running scared. [ male announcer ] if you think any battery will do... consider the journey of today's athletes: ♪ their training depends on technology. [ beeping, ticks ] and when their devices are powered by a battery, there are athletes everywhere who trust duracell so whether they're headed for london or the journey has just begun... they rely on copper to go for the gold. duracell. trusted everywhere. they rely on copper to go for the gold. would you mind if to be i go ahead of you?omer. instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. people don't like to miss out on money that should have been theirs. that's why at ally we have t

new nbc news/"wall street journal" poll showing a tight presidential race. numbers getting worse for both candidates. let's look at the president and mitt romney in a statistical tie within the margin of error. 61% of the country saying we' on the wrong track. for the first time since december, president obama is upside down in his approval rating with just 47% approving of his job in office. the number drops even more when voters are asked about the president's handling of the economy. only 42% approve while 53% disapproach. >> just stopped right there, you would say this incumbent, toast. now read about mitt romney. when asked about how mitt romney's business experience will impact their voting preference, nearly 50% said they didn't know or that it made no difference. 28% said it had a negative impact. and when the two candidates are compared in 12 battleground states president obama's lead increases 2 points from may, 50%, to 42%. >> i can't remember a race ever where plurality of voters saw business experiences as a negative, ever. i never seen that in

"the wall street journal" headline -- the report this per. joining us to talk about the piece is jess bravin, here in the studio, supreme court correspondent for "the wall street journal." looking at the headlines, there is variety and different takes on how the story is being perceived, whether or not the heart of the law was retained or whether it was struck down. guest: not only that, but because of the number of reporters covering the supreme court has declined, several of the stories are excellent the same story written by the same person and road different headlines on it. editors have tried to summarize it in terms of the headline -- either a split decision because the court upheld one of the session -- sections, or bey said really it is a rebuke to arizona because the substance of the law, really the harshest parts that go beyond simply checking immigration status more rolled into conflict with federal law. host: "usa today" has a nice graphic that shows the three parts thrown out and one part of bell. the "show me your papers" is what

wall street journal reporter mark marmott broke the story. thank you for your time. s talk about the background of the e-mails obtained by the wall street journal. are these between the governor and his staff? >> well, first of all, as you said before, these are e-mails that the governor and his aids didn't want known because at the end of his administration in 2006 they wiped all of the e-mails off a computer server in the governor's office and carted away 17 hard drives from all of their personal computers. so just by accident a few of these e-mails survived on a backup server from one of the administration officials and we filed a public records request to get them. >> we actually spoken with the boston globe reporter who is part of the story when it broke that these hard drives had come up missing and the computers were wiped. one of the e-mails that you have in your report, i will read it to the audience, spoke and he isn't ready to sign onto the deal as of yet. i am confident a deal can be struck. important, we are not to tell anyone where he is on these because

"wall street journal" foreign afares columnist brett stevens joins us with more.hat is the u.s. national interest in intervening in syria? >> well, syria has been an enemy of the united states for 40 years. they funneled jihaddists to iraq and support hezbollah which after al-qaeda is the number one terrorist killer of americans and continue to be a course of instability and they are above all iran's number one ally in the arab world. so getting rid of the assad regime puts the iranians on the back foot in a region at a moment when iran may be crossing a nuclear threshold. >> you heard marco rubio say we don't know what the opposition is, who it is made up of. others say perhaps islamic extremists. how do we know that the regime will be better than assad? >> he has a ten year record atrocity.sof a survey of opposition leaders and found that very few or a minority are sympathetic to the muslim brotherhood. many admire the united states. this happens every time there is a question about whether we will support the opposition in libya or in bosnia and kosovo going ba

shares shot up 8% after "the wall street journal" report its parent company is considering splitting up its publishing and media arms. >>> the parent company of the university of phoenix online was another big market mover, soaring 10% on far better-than-expected quarterly earnings. >>> best buy's founder is reportedly working on a deal to take the retailer private. >>> fbi agents said yesterday 24 suspected hackers had been arrested as a result of a two-year sting operation targeting stolen credit cards and bank information. >>> a u.s. judge has granted apple's bid to stop samsung from selling its galaxy tablet as part of a patent lawsuit filed by the ipad maker. >>> after mediation with its creditors failed, stockton, california, is set to earn the dubious distinction as the biggest u.s. city to ever declare bankruptcy. >>> in case you missed the launch of facebook's find friends nearby app on monday, it's you're not alone. it's called the stalker app, it lets you track your friends in your area, but it was pulled hours after it launched. sorry to all of those stalkers out there. >

a new nbc news/"wall street journal" poll finds 35% of americans say it's a good idea, 22% have no opinion, and 41% say it's a bad idea. jimmy williams, i'll say two things. one is, i think the president has an incredibly compelling message on this. it's in some ways not a hard sell, yet he hasn't spent a lot of time selling it. he's making a big push right now but you look at those poll numbers and americans kind of don't know what to think about the affordable care act. >> listen, i think that the obama campaign from 2008 did a great job of selling itself. the obama presidency has done a terrible job of selling itself. oh, we're back in campaign mode. we're doing a great job of selling themselves. i really wish the obama white house would just stay in campaign mode, especially during the health care debate, because they did a very bad job and these numbers show it and they show it over and over and over again. they have not convinced the american people this is a good piece of legislation. i would suggest that a lot of pieces of legislation that have passed the congress throughout a long

moments ago, the wall street journal" announced that richard schultz is exploring a possible buyout.re saying the efforts are in the early stages and may not yield a deal for best buy, but none the less the stock was higher anyway today, but it has popped on this report by the wall street journal that richard schultz may be looking to sell the company or a piece of it. >> meanwhile, ahead of the black stone group, a guest host for "squawk box" this morning, he says tax reform is key to avoiding the fiscal cliff at the end of the year here in the u.s., watch. >> you probably need, this this country, some time of tax reform, because you need to be a nuclear scientist to figure out how to do a tax return. there's something wrong with that. and there are many countries in the world that do extremely well economically in growth and job creation with lower tax rates, flatter tax, less deductions. it's a formula that i don't know has failed anywhere. >> i was going to say that exact prescription there, lower tax, higher economic growth, the first thing i thought was singapore, that is exact

shares shot up 8% after "the wall street journal" reported its parent company is considering splitting up its publishing and media arms. >>> the parent company of the university of phoenix online was another big market mover, soaring 10% on a better than expected quarterly earnings. >>> best buy's founder, who resigned from the company's board earlier this month, is reportedly working on a deal to take the retailer private. >>> fbi agents said yesterday 24 suspected hackers have been arrested as a result of a two-year sting operation targeting stolen credit cards and bank information. >>> a u.s. judge has granted apple's bid to stop samsung from selling its galaxy tablet as part of a patent lawsuit filed by the ipad maker. >>> after mediation with its creditors failed, stockton, california, is set to earn the dubious distinction as the biggest u.s. city to declare bankruptcy. >>> and if you missed launch of facebook's "find friends nearby" app on monday, you're not alone. the so-called stalker app, which lets you track friends in your area, was pulled just hours after launch. anything

our new nbc/wall street journal poll shows the president narrowly ahead of mitt romney, 47-44. it's nearly identical to where the race stood last month. what's remarkable about this tightness, is that this poll exposed more weaknesses for both candidates. president obama saw his job approval rating slip with more voters disapproving, 48% than approving, 47%. it's been six months since his job rating was upside down. for romney, after three months of improving numbers, his personal negative rating is back to an all time high. 39% view him negatively, 33% positively. one reason his negatives may be on the rise? >> but as a corporate raider, he shipped jobs to china and mexico. >> reporter: for the past month, the obama campaign has poured more than $25 million into negative tv ads in battleground states. to get a better understanding of each candidates strengths and weaknesses, we asked voters to name the first word that came to their mind about each candidate. for mitt romney, his strengths, good businessman, change, conservative. his negatives, personal traits like wealthy, out

international goal she like to give the floor first to the correspondent of don't jones and the wall street journal. iris the bush really dull jones newswires wall street journal two questions. for president bedroom with there's been a lot of work going into forming a banking union towards promoting lending to banks. in your opinion what happens if these important steps are not successful with the with the survival of the year old be at risk. the second question as to what's a bit of a. special. you know this in the russian middle is what you distinguish. today in the hotel. the pool where they should kremlin those who were stayed overnight. they gave us the bullet and is used to spell it out of the following year the chip will know it to the russian. next it's a year to put a hundred so the position i was. in the prisons and concentration camps like on the will of this man and. you put him should be in prison. and should be ashamed. what's your response to that thank you. it should. progress that well. but in the regards he was you to this so called political prisoners in washington when you.

it all started when "the wall street journal" printed romney's e-mail address. the alleged hacker claims he was able to access an account by guessing the security question, what's your favorite pet? however, no e-mails or documents have been made public since the alleged hacking. >>> and more election year politics. this time, on capitol hill. republican lawmakers have blocked a democratic effort calling for equal pay in the workplace. not a single republican voted for the bill. a point that most certainly democrats will use politically as one more chapter in the so-called war on women. on top of that, democrats vow they will continue to fight for passage of the bill, which republicans say will actually hurt small businesses. >>> also, a dire warning from the congressional budget office about the growing federal debt. the cbo says that if deficits are not brought under control, the national debt will balloon to almost equal the size of the economy itself. and after a decade, it would swell to twice the size of the economy in 25 years. >> scary numbers there. >>>

a new "wall street journal" poll shows more americans view romney's business background as a negative than a positive. >> we don't need another rich person running this country. >> reporter: but the president doesn't fair much better. many voters are unhappy with his handling of the economy. >> we need to turn the economy around so the young people can do better in the state of iowa. >> reporter: you think romney can do that? >> that's right. >> reporter: that's why romney is in a virtual tie with president obama. susan mcginnis, cbs news, washington. >>le "wall street journal" paul has president obama leading romney but the lead is within the survey's margin of error. >>> republican and democratic leaders in the senate say they've agreed on a plan to prevent student loan interest rates from doubling july 1. the extension will cost about $6 billion over the next year. according to "the washington post," it would be paid for by raising premiums on federal pension insurance. >>> the university of virginia's popular president has been restored to her position. >> after weeks of outcry an

and -- there was a story in "the wall street journal" and others. very, very intense from sort of the summer starting with president -- vice president agnew right through the fall into the winter we had to deal with these constant stories of his -- his -- connections to organized crime. >> how did you become convinced the white house -- >> i mean, it is logic. who else -- i mean, where would you -- and reporters would come to you and say we just heard this. you know. et cetera. they just -- you know, we knew where it was coming from. there was nothing could you do about it. you have to stand up and say here's -- here -- this is who he is. this is the record. those are his finances. this is, you know, have you -- had to put your palms up, as we say. you know. >> one of the other decisions that the chairman had to make was whether to call witnesses to the -- nine people. >> mm-hmm. >> do you remember how that came about? what role the chairman played besides making the call? >> well, he made the call to do it. i think it was a strong staff -- feel the