And lifted the major indexes for the first time in the fourt first, oil prices settled oh so close to 50 a barrel. Then there was a spade of solid economic repor that reversed fears that the economy hit a wall in august. More on both of those stories in a moment. First here are the closing numbers. The Dow Jones Industrial average climbed 112 points to 18,281. The nasdaq added 26 and the s p 500 was up 9. Lets talk about oil. First, which has its sights set on 50 a bar the price of domestic crude hit its high yefl level since june. The commodities settled up more than 2 to 49. 83. But will those prices hold at these levels . Jackie deangelis takes a look. Reporte the price of crude oil up about 12 in the last month. A tentative deal from opec to freeze product near record levels, boosting prices. While analysts feel capping producti at 32. 5 Million Barrels wont necessarily impact the supply demand dynamics, they think its an important step, a sign, perhaps, that saudi arabia is admitting that lower for longer has hurt the bottom line. But as crude flirts with 50, many questions remain. Will the opec deal be executed . And will it matter if nonopec prod continue to pump . Right now we see crude oil, at least the december contract, trading about 50, because of opecs ten agreement to cut introduction as much as 700,000 barre a day. Thats not going to be enough to keep us here, in light of the fact that both nigeria and libya are ramping up full production. We know there is tremendous supply available out of opec. We also know that u. S. Shale producers are going to ramp up and that theres tremendous supply here in curbing, oklahoma. Production has got Storage Capacity there almost to its limits, as well the fact that we are now seeing traders use offshore or floating storage. Then there is the other side of the equation, demand. Oil producers are hoping consumers aro the world will spend more and boost consumption, even though oil command often tips at this time of year. Absent some sort of magic turnaroun in th industrl in the United States, and in china, i would expect that crude oil would fall back below 50. Opec refuses or fails to reach some sort of definitive agreement in november, we would revisit 40 a barrel. I would expect that for 2017 we would spend most of the year between 4350. News today of a new oil reserve discovery in alaska that could take va that statements probation up by 40 in the future, showi that a resource that the world once feared was scarce is actually in a bun cant supply. For nooibs nightly busine im. Priva employers continue to hire at a solid pace in september. Growth slowed from recent months. According to the payroll processor, adp, 154,000 workers were added to payrolls. That was the smallest gain, though, and the services sector, which makes up the majority of the u. S. Economy, accelerated in september. E ism nonmanufactu index rose more than expected to an 11month high. And helped alleviate some of the recent anxiety in the market. Also helping to lessen the economic nervousness was an increase in new orders for goods made at u. S. Factories. The Commerce Department an increase. With two days to go until the release of the monthly employme report, investors have a lot to Pay Attention to, including the fed. Steve liesn t us why the economy is in focu strong numbers from the Service Sector and better factory orders got the markets attention along with some hawkish fed comments. The data reverse fears that the economy hit a wall in august, and the rebound would appear to put the fed back on track toward that elusive quarterpoint increase that the market has awaited all year. If the data continues to improve, if we get a decent jobs number friday, the release i think helps a lot. And if you dont see some sort of move in financial conditions thats quite adverse, i think the fed is clearly setting up for a december hike. Wall street looking for gains of 170,000 for jobs to be reported friday fo the month of september. And the Unemployment Rate to remain unchanged at 4. 9 . Curiously, tha unchanged unemployme rat could actually. E a good sign for the jobs weve got some folks that stepped ou work force now coming back in as job opportunit bec more available. That why the unempl rate is not falling. Were getting stronger labor force growth. Meanwhile, a bunch of hawkish members of the Federal Reserve spoke and their message was hawkish. Loretta mester said the case would remain compelling to raise in november if data comes in as expected. Jeff lacquer said he would have dted because Interest Rates need to rise. Charlie evans, a known dove, said he would be, quote, fine with the december rate hike if data sta firm. Fridays repor is the last jobs number before the november meeting. Two days aft that meeting comes another jobs report, six days later, a president ial el many believe is both consequel and uncertain enougho stay the feds hand until december. For nightly busine. The International Monetary fund is worried about the worlds pile of debt that now totals a record 152 trillion. That is 225 of world growth domestic product. According to the imf, slow Global Growth is making it more difficul to pay off the obligation which it says is a risk to fina in washington, the supreme t heard an Insider Trading case, which seeks to clarify a very murky area of securities law. And as Hampton Pearson reports, the eventually outcome could change t way cases are pros the high court is being asked to overturn the conviction of an illinois man who made more than 1. 5 mil trading on nonpublic n about future health ca deals. The source was his brot, an investment banker at Citigroup Global markets in new york who actually passed on the information throh its the most important Insider Trading case in 20. I think this is a Ground Breaking opportunity for the court to take an area of law that is absolutely nebulous and add real clarity to it. During argument today, most justices said the Insider Trading violas the law, even if the person supplying the secrs doesnt receive anything of value in retu said Justice Anthony kennedy, you certainly benefit from giving to your family. It benefits you by making your family mor. A similar sentiment from Justice Steven breyer. Helping a close family member,. E said, is like helping but the justices also challenged the governments approach, which urged a focus on the Business Purpose of the insider tipster. The securities Legal Community is closely watching the outcome of thi. At the end of the day, you want clarity, you want to know what you can and cant do. And you certainly dont want to be in a position where the governme can prosecute you criminal for something. When the high court rules, it could set new legal standards for the criminal prosecution of insider which would change the ground rules for both prosecutors and defense ae for nightly busine im Hampton Pearson at the two congressmen today confirmed a story we told you about last week that, mylan, the maker of epipens, overcharged medicaid for two decades. The lawmakers say a letter from the centers for medicare and medicaid servi backs their view, that epipens have been misclassif that misclassification gave medicaid a lower rebate than it otherwise w still ahead, with Mortgage Rates still near historic lows, why have some still not refina . Hurm heads towards florida, a number of airlines including american, delta and jetblue are waiving their chang fees. Some airlines also started cancelli flights. The change fee waivers that allow custome to alter their itinerar without paying addition charges cover airpor from florida to north carolina. Thou details do change by carrier. A National SecurityAgency Contractor was recently arrested in a story thats reminiscent of edward snowden, department of being investigated for potentia steal and disclosing highly classified the contra worked for consulti firm booze alan hamel ton. Shares fell in trading today. Eamon javers has the details from a Cyber Security summit in. The new york tim breaking the story earlier this afternoon that the fbi had arrested Harold Thomas martin iii of glen bernie, maryland, accusing him of misproposing classified informatio keepi some of the classified informati at his house in violation of rules of the United States government intelligen community. Martin is a contractor for the nsa. He worked for booz allen hamilton, the intellige contractor. Booze allen put out a statement saying they ha since fired him learning of his arrest. More detail throughout the day today of exactly what we know here. And here in cambridge, massachuse our Andrew Ross Sorkin had the opportunity to talk to jonathan carolyn, assistant att general for National Security. Im going to be confined to what we have charged and is what we have charged here is back on august 29th, we charged an individual with theft of government secrets, including classifi information. And we take that type of conduct ve seriously. These are allegations but i thk its reflected in the charges. David sanger, the reporter for the New York Times is also here in cambridge, massachuse and give us a little b more detail about what the information was here that was allegedly mishandled. It looks like mr. Martins trove is source code, the computer code used by the nsa to break into foreign computer systems, put in what are called implants that enable them to do surveillan, Cyber Attacks and so forth. So many questions here about why mr. Martin would have taken this informati and whether or t he was working with any foreign intelligence agencies, in terms of taking that infon out of booze allen and selling it or transferring it to other agencies around the world. Well learn more in the coming days, but there has been speculatn for years now that there was a second edward snn out there. Another person leaking information abo the nsa and its activities. No clear answer yet as to whether this is that person or for nightly businereport, m eamon javers in cambridge, massachuse there is also widespread concern among Law Enforcement th russian offic may be trying to undermine confidence in t u. S. Elector arizona was one of the states that saw its voter database breached. T today arizonas secretary of state, Michelle Reagan are making sure its a clean election. Were doing is instituting such security protocols like multifactor auto at the end y os to log into our system. Making sure that all users have new passwords, stronger passwords. That you cant enter things into the entry bar that perhaps are symbols. We know thats how hack enter in sequel injectio into programs. Reagan also emphasized that the hackers only accessed voter registra data, not a mechanism to tally votes. And as we have been reporting, there we hacking attempts on election systems in 20 states. That was far more than the depart previously but how safe is your vote at the machine . One Top Security Group thinks there is a big security ga andrea day has t we have something thats so critical to our country that hasnt had commensurate security applied to it. Termeer and his group at the cyber securit compa decided to find out just how easy it would to hack in and manipula the election system. The first step, the team tracked down an official voting machine for sale online. It literally took a couple days and we were able to then revers engineer all of the stuff on that system. Whats fascinating is the last elections infor was still on those hard drives. And thats not all. They were easily able to reprogram the card voters used to cast their ballot. It could be programmed to look like the same person voted over and over. And without a paper backup, that could dama the results. There isnt a resource. Thats why its such a risk. It could create fear, uncertaiy or doubt in the whole electio process. He says another concern is the usbtype card that collects data from the machine. All it is, is something that somebody physically carries from one place to and that creates a gap in se this could one to stuff the digital ballot in one direction or another. The likelihood of somebody going to all of those different Voting Machines at the same time and manipula each of those is very l. But if malware were to find its way into one part of this ecosystem, it could do far spreading damage. Congressman hank johnson sponsored leg to increase voting machine security. The act would mandate that classify voting systems as critical infrastructure. Already, 25 states have asked the departme f Cyber Security help. Homeland secury posted this statement. We have confidence in the overall integrity of our electoral system. Neverthele, we must face the reality that cyber intrusions and attacks in this country are increasi sophisticated. And his big concern isnt so much about rigging the election,. Ut creating doubt in the his suggestion, not giving up on paper ballots. So if there is an attack, there is a very clear record. For security reasons, is he man tech wouldnt tell us who makes the machine, just that the machines are still in use. Im andrea day for nightly bu custo lifted a glass to constellatn brands and raised its guidance. Thats where we begin tonights market focus. The alcoholic Beverage Company report higher than expected earnings and revenue with beer sales rising 20 and wine and spirits up 12 . Separately constellation will acquire a whiskey distillery for about 160 million. Shares were up more than 1. 5 to 168. 60. Salesforce may be interested in taking over twitter. The wall street jo says ceo mark benioff has expressed interest in the social media company, which is expected to receive b. But benioff says slow down. When it comes to acquisitions, hes all about due diligence. When it comes to twitter, you have to look at it like this. You know, number one, we look at everything. Its in our interes to look at everything. We have to go deep on everything. We have to understand what is possible for our shareholders, what isnt. But in the sche of things, if you look back at my track record as a ceo, i think youll find that while i look at a lot of things, actually pass on most things. Still salesforce shares fell just about 6 to 68. 42. But twitter rose nearly 6 to yum brands posted lower than expected pro the owner of restaurant chains pizza hut and kfc said they were hurt by the china division, expected to be spun off later this month. Shares of yum brands initially fell in extended hours and ended the re session down more than is 1. 5 to 88. 62. Shares of Biotech Company al mylum was just about sliced in half. This after a disit continued face three program for its experiment drug to treat a rare type of heart disease. Suspended it because of side effects. In was the second most advanced drug in the companys pipeline. So shares of the Company Initially fell more than 45 in after hours trading. Mortgage applications rebounded following two straight weeks of declines. According to the Mortgage Bankers association, they rose nearly 3 from the prior week, as borrowers moved to take advantag of low Mortgage Rates. And much of the Home Mortgage activity was due to refinancin and not new purchases. But there are still some homeowne who havent taken advantage of these historically low rates and are paying a rate above 5 . Diana olick takes a look at why. Positive Economic News on the home front, just made homes a little more expensive. As investors bailed out of the bond market, the yield on the tenyear treasury, which mortgage r loosely follow, rose to the highest level in weeks. The contrac int rate on the 30year fixed is now around 3. 5 , which is about a quarter of a percentage point higher than it was last week. Last week, rates dipped a little on fears in the european banking community, but Matthew Graham says the potential for a european taper tantrum like here in 2013 will inevitably create an up trend in rates which may have already started. Which begs the question, if rates had nowhere to go but up, why are one in four borrowers are rates above 5 not refinancin logic ran the numbers and found a lot of the loans are either seriously delin or the buyers had once been delinque so they wouldnt qualify for a refi at todays low rates. Anr chunk of borrows have so little balance left on their loans that a refi wouldnt really be worth it and still others have loans owned by private investors making a refi more. That leaves 13 of eligible borrows with rates above 5 that could save a lot on a monthly payment. The question, of course, is, why dont they . For nightly businereport, m diana olick in washington. And coming up, if you dont want to use a traditional bank, what are some other optio the Worlds Largest asset manageme firm is cutting fees for some of its exchangetraded funds, otherwise known as etfs. That decision will lower expenses or match those offered by vanguard. Known for its lowcost products. Blackrock belies that lowcost funds will be a bigger staple within retirement accounts in the yea. Because of new rules from the white hoe tha req brokers to put the interest of savers ahead of their own. Well, you probably know this, but youre paying a lot more in atm fees. According to bank rate, the average fee for using an out of network cash machine is now 4. 57. Th the highest rate in ten years. Rate also found that phoenix had had the highest atm fee at 5. 07. San francio the lowest at 3. 90. Chicago city council is suspending wells o for one year. That ban includes bond underwritie and trustee servi that the Bank Provides to that city. Wells fargo h earned about 20 million in fees from chicago, from the year 2005. But the decision comes in the wake of the fake account scandal, and it follows similar moves from the treasurers of illinois and according to usa today, warren buffet the largest shareholde has lost roughly 3 billion on his holdings in the bank since that scandal intensifie last month. Federal regulators issuing new rules for the fastgrowing prepaid de card industry. Issuers will now have to provide user with basic account informatio like balances, free of charge. Protection for lost or stolen cards will be expanded, and fees will also have to be more closely disclosed. Prepaid debit cards are used as an alter to traditional Checking Accounts, particularly for those who dont have Bank According to Pugh Charitable trust, about 23 million individual use them regularly. 65 billion was loaded on to them in 2012. Up from less than 1 billion in 2003. And for those of you disappoi with record high atm fees at some of the traditio banks, and that recent fake account scandal at wells fargo, tim mauer has some other banking alternatives for you to consider. Hes director of personal finance at bam alliance and will talk more about that. Good to see you, tim. Welcome back. You too, sue. Thank you very much. I can understand how people would be frustrate with the big banks or the brick and mortar banks just in general, given the atm fees we just described. If, indeed, you are either disgruntd or your trust, perhaps, h eroded a little b by the wells fargo scandal, what are some alternativ well, sue, the first alternativ ill point out is one i found, thankfully, nine years ago. You know its been nine years since ive paid an atm fee, because i use an online bank. That does not have brick and mortar. It does not have the infrastr that it needs to lower Interest Rates and raise fees and as a result of that, i actually get a higher rate of interest on my Checking Account, higher man most big banks savings accou rates, and no matter what atm i go to, anywhere in the country, they repay all of my atm fees. Last month, i got 23. 50 put directly in my Checking Account for atm fees that were taken out throughout the course of the month. Okay. So thats one alternative. You are eligible to belong to a credit union, you say that. Lso might be som to well, and its an option that i still take advantage of, because there a occasions, at least a few times a year, is where i might have cash that i want to be able to deposit at a bank and move it electronically in my online bank. So utilizing a credit union, having that relationship, can always be a good thing anyway, in case you need a personal loan, like an automobile loan, they tend to have lower rates to begin with. But thats another good option. Are the guarantees as good in terms of the safety of your money, with either online or with the credit union option . Well, they have to be, sue. Otherw i dont recommend doing it. With all online banks, i would only look at banks whose ac have the fdic protection, the same protection all the big banks have, for sure. Some of the other options that you gave us, tim, i found interestin im not sure how many people would conside them, but treasury money marke accounts, if youre really worried about the security of your money. Well, yes. And in this case, its especial important. Say youve got a ton of cash that you want to put on the sidelines for an extended period of time. Where you might have enough money that its going to be in excess of the 250,000 fdic limitation then you might especially want to utilize a money market inside of a brokerage account. But i do recommend only using the u. S. Treasury money market. I hope to to ensure having a lot of money on the sidelines. Very quickly, brokered cds, tim. I have about 30 seconds left. Sure. Cds of any sort, as long as theyre fdic insured are a great bet. In a brokerage account, you can do brokered cds that do have that same level of protection and buy from numerous banks. Thanks as always. Appreciate it. Tim mauer bam alliance. That is nightly busine for to. Im sue herera. Well see y announcer the following program contains mature content which may not be suitable for all audiences. Viewer discretion is advised. Phyllis crane, srn, scm. I am expected. Violet. Fred, voiceover i wish shed marry me. Delia, voiceover you really are a sort of angel. Tragedy is, no one will ever know that either. Trixie, voiceover the one thing that makes me feel better is a glass of scotch. [bell rings] announcer funding for call the midwife is provided by contributions to your pbs stations from viewers like you. Thank you