American Morning

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December 12th, 2011
09:16 AM ET

AM Minding Your Business for Dec. 12, 2011

Today on American Morning, Christine Romans reports on the morning business news headlines.

This morning, we're watching:

* Most Asian markets are advancing overnight. A debt crisis treaty by many European leaders is triggering some optimism.
* U.S. investors will be watching Europe closely today. No official meetings are planned this week after a majority of Eurozone members struck a deal for a new treaty to save the Euro.
* The judge overseeing MF Global's bankruptcy is clearing the way for some customers to get their money back. He approved releasing roughly $2 billion more in frozen funds to customers of the firm.
* Are young people better off today than their parents were 30 years ago? That depends on their gender. A new study says young women today earn about $1.17 for every dollar their moms earned in 1980. Young men today are earning about 10 cents an hour less than their fathers did 30 years ago.
* Some Kmart's in Michigan and California have been receiving anonymous donations which are used to pay off layaways. One secret Santa in Detroit even donated $2,000. That covered 14 layaways!

Tune in to American Morning at 6am Eastern every day for the latest in business news.

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