Posted by Mary Dooe
For Marketplace Morning Report, Fri., Sept. 30, 2011
Bank of America plans to charge debit card customers a $5 monthly fee starting next year. This was done in reaction to new government limits on what banks can charge store merchants for swiping debit cards. Here in the U.S., the Commerce Department said that consumers spent a little more last month than they did the month before. But — they earned less for the first time in 2 years. A story yesterday about Chinese Internet companies being investigated for accounting irregularities sent the tech-heavy Nasdaq down about a half percent.
And here are the songs we played today: