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Friday News Roundup - Domestic

May 18, 2012

Facebook begins trading this morning in one of history’s largest initial public offerings. President Obama meets with congressional leaders to seek common ground on the looming debt ceiling battle; Facebook makes one of history's largest public offerings with a valuation larger than McDonald's and Kraft Foods; the FBI launches a criminal investigation into the $3 billion trading loss at JP Morgan Chase; and minorities surpass whites in U.S. births for the first time. Michael Scherer of TIME magazine, Laura Meckler of The Wall Street Journal and John Harwood of CNBC and The New York Times join guest host Tom Gjelten for analysis of the week's top national news stories.

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