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Transcripts For KNTV Today 20110805

in need of good news after thursday s major sell-off. initially investors got some good news, but stocks opened strong initially, but now the dow is back down in negative territory. down about 55 points right now. let s look at the jobs numbers. the unemployment rate dipped to 9.1% in july. employers adsing about 117,000 new jobs, so what s the take-away of all this for you? we re going to talk to cnbc s maria bartiromo and jim kramer from the floor of the new york stock exchange in just a couple minutes. redmond o neill, the son of ryan o neill and the late farrah faucet was arraigned on thursday following his most recent drug arrest. what ryan o neal says about his son s latest trouble. and a remarkable couple we ve been following on today for more than a year now. rachel was paralyzeeds when she was pushed into her pool at her bachelorette party. she s finally married the man of her dreams. they are back from their honeymoon, and they ll be in our studio to talk to

Transcripts For WRC Today 20110805

morning. i m matt lauer here at the new york stock exchange. ann curry is uptown in studio 1-a. good morning. good morning. we can see it s quiet right now but there was a lot of emotion there on thursday as stocks were taking a nose dive. look at these images. yeah, there was a lot of emotion. including thursday s 512-point plunge. the dow has now fallen eight out of the last nine trading sessions. that wipes out all the gains for the entire year. and there are some real fears this morning that we re slipping into another recession. so how much did that nasty debt ceiling debate in washington contribute to these latest declines and is there any silver lining here? we ll talk to two of the best people on the business on subjects like this, maria and jim cramer. redman o neal, the son of ryan o neal, was arraigned last week. coming up, what ryan o neal had to say. also ahead this morning, remarkable couple we ve been following more than a year now. rachelle friedman wa

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