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Mid-day Update

PODCAST: Bank of America’s new charge, the cost of the Peace Corps

Mary Dooe Sep 30, 2011
Mid-day Update

PODCAST: Bank of America’s new charge, the cost of the Peace Corps

Mary Dooe Sep 30, 2011

Here are today’s top headlines from the Marketplace Morning Report and from around the web.

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.

More evidence of weakness in China’s economic growth this morning. The country’s manufacturing sector shrank for the third consecutive month.

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.

In today’s podcast exclusive interview, we celebrate the Peace Corps’ 50th anniversary this month with a question — what is it worth today?

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