Today on American Morning, Christine Romans reports on the morning business news headlines.
This morning, we're watching:
* The Federal Reserve is holding off on any new steps to boost the economy. That announcement yesterday is pushing stocks lower and stock futures are trading pretty flat so far this morning.
* Turns out the housing bust was even worse than we originally thought. The National Association of Realtors reports the number of existing homes sold over the past five years is less than previously estimated. That's because some properties were listed more than once and in some cases new home sales were also counted.
* It's two words we all like to hear. And according to a new report from the National Federation of Independent Businesses – the number of small companies planning to hire new workers is at its highest level in 38 months. Though we should mention that number is still well below pre-recession levels.
* Chrysler, the once troubled carmaker is turning things around. The company's CEO tells the Wall Street Journal they're right now on track to make $3 billion in profit next year. It's all because of rising auto sales in the U.S.
* Southwest airlines inks a record $19 billion deal to buy 208 Boeing 737 jets. That is the largest aircraft order ever placed.
Tune in to American Morning at 6am Eastern every day for the latest in business news.