Radio update: A downer of a day for Dell
The latest money news from Ann Cates, including how consumer watchdogs are taking a look at bank overdraft fees.
dow jones industrial average found at 0:03
Wall Street is basically running in place at the moment the Dow Jones Industrial Average sitting about forty points below thirteen thousand. -- surely is a look at existing home sales in January. Country home builder Toll Brothers meanwhile posted a surprise lost the number of homes told delivered during the quarter was down slightly compared to a year ago. A downer of a day Ford Dell quarterly earnings at dollar down to -- shortage of disk drives for -- computers that is sending Dell shares down by 6%. Bank overdraft fees are the latest target of the new US financial watchdog. According to the Wall Street Journal the Consumer Financial Protection Bureau demand data for the biggest banks. An agency will look at ways to make -- fees on checking account statements easier to understand. The move comes at a time and financial institutions planned hike fees on checking accounts to make up for the cost of new federal regulations. On Wall Street the Dow Jones Industrial Average down by a couple of points the NASDAQ down four the S&P down one and indicates in the news tonight at marketwatch.com.
