American Morning

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December 21st, 2011
08:02 AM ET

What's in GOP candidate Jon Huntsman's economic plan? Christine Romans breaks down the numbers

There's one 2012 GOP Presidential Candidate who is sitting out Iowa, focussing on New Hampshire.

Jon Huntsman is a two-time Governor of Utah, speaks Mandarin fluently and recently stepped down as President Obama's Ambassador to China. Though he is polling in single digits, his economic plan has garnered the endorsement of the Wall Street Journal.

Christine Romans has analyzed Newt Gingrich's and Mitt Romney's plans. So what's in Huntsman's plan? Christine explains here.

Filed under: 2012 • Economy • GOP
December 2nd, 2011
01:15 PM ET

Unemployment rate falls to 8.6% – Sheila Bair on what this means for the economy

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."

Filed under: Economy
December 1st, 2011
10:48 AM ET

Central bankers move to prop up global financial system – what does it mean for your investments?

The Federal Reserve, along with five other central banks, acted Wednesday to make it cheaper for banks around the world to borrow U.S. dollars.

The move is designed to lower the cost of short-term borrowing for troubled European banks, thereby helping the global economy to avoid a credit crunch. The news sent stocks soaring Wednesday, with all three major stock indexes closing the day up more than 4%. The Dow's 489-point gain was the largest of 2011 and the best percentage gain since March 2009.

Christine Romans sits down with Matt McCall, president of Penn Financial Group, to discuss what this news means for your investments.

Filed under: Economy
November 25th, 2011
01:50 PM ET

Call him a 'rentrepreneur' – Newsweek contributor Rob Baedeker on renting out his personal property

Could you imagine renting out your personal property out to complete strangers? What if you found out how much you could make a lot of money doing it?

That’s what 'rentrepreneur' and Newsweek columnist Rob Baedeker did. He rented out items from his own home such as his grill, camper, and even the family dog!

Rob explained more of his method to American Morning’s Alina Cho.

Filed under: Economy
November 21st, 2011
10:02 AM ET

Grover Norquist weighs in on the super committee deadlock

The so-called super committee appears ready to throw in the towel. Its members, charged with cutting $1.2 trillion dollars from the budget, have begun to privately admit defeat. Many Democrats are blaming the failure on one man, lobbyist Grover Norquist, who got all the Republican committee members to sign the "Taxpayer Protection Pledge" saying they will never raise taxes.

Today on American Morning, Norquist weighs in on the super committee negotiations and explains why "taxes are off the table."

Filed under: Economy • Politics
November 17th, 2011
11:35 AM ET

Dick Armey on the Tea Party's budget plan to balance budget, curb spending

With just one week to go before they reach their deadline, all eyes in Washington are on the so-called Super Committee – the task force responsible for producing a deficit cutting plan. But this morning, members of the Tea Party are putting forth their own budget proposal. They claim that it balances the budget in four years – without any tax hikes. The plan would cut spending by $9.7 trillion over 10 years.

Christine Romans talks with Dick Armey, chairman of Freedom Works and one of the architects of the plan, to comb the details of the Tea Party's budget proposal.

Filed under: Budget • Economy • Tea Party
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