Banks Report Record $42 Billion Profit in Second Quarter

U.S. banks reported a record net income of $42 billion between April and June. At JPMorgan Chase, profits increased by 31 percent to $6.5 billion in the second quarter. That means the bank made on average more than $70 million a day during that period. Meanwhile, CNN Money reports the nation’s five biggest banks are on track to pay out $127 billion in total compensation, including at least $23 billion in bonuses, this year.

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    Black Lives Matter: New Film on Jordan Davis Captures Family’s Struggle to Convict White Vigilante
    We are broadcasting from the Sundance Film Festival in Park City, where a new film takes on the subject of the growing nationwide protests over the killing of unarmed African Americans by examining one of the cases to make national headlines in recent years: the killing of 17-year-old Jordan Davis. The film, "3 1/2 Minutes," tells the story of what happened on Nov. 23, 2012, when four teenagers pulled into a Florida gas station to buy gum and cigarettes. They were soon confronted by Michael Dunn, a middle-aged white man who pulled...

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