Business News

We are in the home stretch of the third quarter with just two trading days left.  As we wrap things up we have seen big intraday swings in the stock markets and that looks to continue today.  (Fox Business News)

Personal income rose 0.3% in August and spending rose 0.5%.  Both of the number are about what was expected and show a growing economy with low inflation. (Bloomberg)

U.S. consumer sentiment finished September at its strongest in more than a year on growing optimism about the economy and more favorable outlook on future income. The Thomson Reuters/University of Michigan's final September reading on the overall index on consumer sentiment finished at 84.6 up from 82.5 at the end of August. (Reuters)

Harley-Davidson, trading under the ticker HOG, is recalling more than 105,000 motorcycles from the 2014 model year because their clutches may fail, causing stopped bikes to creep forward and potentially crash. The company is also recalling nearly 1,400 bikes made earlier this year to test for possible fuel tank leaks. (Associated Press)

Banks are getting more of their profits from fees. The average fee for using an out-of-network ATM climbed 5% over the past year to a new high of $4.35 per transaction.  Overdraft fees also surged, rising on average over the past 12 months to $32.74. (Associated Press)




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