Employers added 120,000 jobs in November, the Labor Department reported Friday, marking a pick-up in hiring from October. The unemployment rate fell to 8.6% – the lowest its been since March 2009. Those numbers are better than many economists were expecting.
Today on American Morning, former FDIC chairman Sheila Bair tells Christine Romans that this is definitely good news, but "there's still a lot of work ahead."
'Tis the season for giving. But given the state of the economy, many Americans might not be able to give as much as they have in the past – which can potentially make for some awkward social interactions.
Today on American Morning, Alina Cho and Christine Romans talk with etiquette expert Anna Post about how to handle these dilemmas.
Foster children are being prescribed psychotropic drugs at a rate that's two to four times higher than non-foster care children, a new GAO report finds. And in many cases, the study found that the drugs being used aren't even approved for use in young children. The report looked at prescriptions being given to kids on Medicaid in five states.
Alina Cho and Christine Romans talk with CNN senior medical correspondent Elizabeth Cohen to discuss why so many foster children are being prescribed these drugs.
The Herman Cain campaign could be on the wane.
The Georgia businessman is expected to discuss the future of his candidacy with his wife back home in Atlanta today. Cain says that he will make a decision before Monday.
Alina Cho talks with CNN contributors Will Cain and Hilary Rosen to get their thoughts on how Cain should proceed.
Between sending texts, tweeting, and checking email, it's no secret that Americans are glued to their smart phones. This addiction to mobile phones carries over into the workplace – and some companies are saying that it's a problem.
According to the 2011 Intel State of Mobile Etiquette in the Workplace Survey, 85% of HR managers say it is important that companies establish guidelines so employees know the appropriate ways to use their mobile devices.
Christine Romans sits down with etiquette expert Anna Post, spokesperson for the Emily Post institute, to discuss how people can mind their mobile manners at work.
Today on American Morning, Christine Romans reports on the morning business news headlines.
This morning, we're watching:
* The all-important November jobs report comes out this morning at 8:30am ET. Economists are forecasting that about 110,000 jobs were added to the economy last month. The unemployment rate is expected to remain at that stubbornly high 9 %.
* U.S. stock futures are right now trading higher after a minor pull back yesterday. The Dow and broader S&P 500 closed down slightly. The Nasdaq was up.
* There's potential relief on the way for homeowners facing foreclosure. Mortgage giants Fannie Mae and Freddie Mac are putting foreclosures on hold during the holidays. We should note this only applies to mortgages held or controlled by Fannie and Freddie.
A number of banks have also said they would suspend evictions during the holidays.
* General Motors announcing it will buy back a Chevy Volt from any driver concerned about his or her safety. The move follows a federal investigation into possible post-crash fires started by the Volt's battery. GM also conceding it won't sell the 10,000 Volts it hoped to sell in 2011.
* The auto industry posting its best month for sales since the cash for clunker's program in 2009. And those gains were led by U.S. carmakers. Chrysler is reporting its sales soared 45% from a year ago. GM reporting sales up nearly 7% from a year earlier, while Ford was up 13%.
* If you've used Ticketmaster in the past 12 years, you could be getting some money back! According to the Business Insider, a proposed class action settlement asks tthe ticket website to refund the $1.50 it charged for every ticket purchased between October 1999 to October of this year. It's all because customers caught on to the fact Ticketmaster was profiting from the processing fees.
Tune in to American Morning at 6am Eastern every day for the latest in business news.