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Wall Street Roundup: Free checking survives. Looking to Marx.

August 30, 2011 |  7:41 am


Gold: Trading now at $1,824 an ounce, up 1.8% from Monday. Dow Jones industrial average: Trading now at 11464.02, down 0.7% from Monday.

Consumer fears. An index of consumer confidence fell to the lowest level since 2009, pushing down stocks Tuesday morning.

Where free checking survives. A new survey suggests that while big banks have been doing away with free checking, smaller banks have found a way to continue providing it.

Gross' confessions. Bill Gross is publicly lamenting his decision earlier this year to bet against U.S. Treasury bonds -- here's a look at how it has affected his funds.

Looking to Marx. An advisor to the Swiss bank UBS writes that we should look to Karl Marx for answers to our current financial problems.

-- Nathaniel Popper

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