Today on American Morning, Christine Romans reports on the morning business news headlines.
This morning, we're watching:
* U.S. stock futures are trading higher at the moment, after another shaky session on Wall Street. Concerns about Europe's debt problems still pushing markets lower worldwide into today.
* We're keeping an eye on Spanish bond yields. They were up to that critical 7% level yesterday – that's the level at which other countries had to seek international bailouts. But the Spanish government insists Spain will not need a bailout from the EU.
* American retail icon GAP is still struggling. Profits dropped 36% in the third quarter and sales were down 6%. Banana Republic and Old Navy also owned by the gap.
* Black Friday is one week from today, and the National Retail Federation estimates that 152 million people will be hitting those sales this year. That's up 10% from a year ago.
* The Honda Civic natural gas model is taking home the Green Car Journal's "Green Car of the Year" award at the l-A Auto Show this week. This is the fifth generation of this model, and it's been praised for its great fuel efficiency and roomier design.
Tune in to American Morning at 6am Eastern every day for the latest in business news.