Here's a look at the financial news this morning:
- Following the uproar over Bank of America's plans to charge debit card fees, most other big banks are steering clear of imposing similar charges, the Wall Street Journal reports.
- The worst of the credit crunch might be over - but regulators and banks need to make sure lending to businesses and consumers continues, a Bloomberg editorial argues.
- Stocks are edging lower this morning as excitement over Thursday's European debt deal fades, CNBC.com writes.
- Consumer spending increased in September despite sluggish income growth - but it will be hard to sustain that without stronger income growth going forward, Reuters reports.
- The New York Times analyzes the European debt deal, wondering whether enthusiasm over the latest rescue effort will last longer than the optimism that greeted past plans.
- USA Today lays out five ways the European debt crisis could affect the U.S.