American Morning

Tune in at 6am Eastern for all the news you need to start your day.
October 21st, 2011
08:59 AM ET

AM Minding Your Business for Oct. 21, 2011

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

Today we're watching:

* General Electric, the company that paid no federal income taxes last year, is reporting that it's third quarter profits soared 57%.
* Markets are poised to open higher today, but there are fresh concerns about EU leaders coming to an agreement about the region's bailout fund.
* Wells Fargo says a computer glitch caused some of its customers to receive another person's bank statement in the mail. MFTV in Orlando reports that the problem affects at least four thousand people who opened their accounts in South Carolina or Florida.

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


Filed under: Minding Your Business
October 21st, 2011
08:51 AM ET

Five big money mistakes

What are the top five money mistakes costing you thousands of dollars? Christine Romans explains.


Filed under: Minding Your Business
October 20th, 2011
06:58 AM ET

AM Minding Your Business for Oct. 20, 2011

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

Today we're watching:

* The Fed's latest report on the economy says it's growing, but at a slow pace.
* U.S. stock futures are up today. Investors are waiting to get a new read on the economy this morning.
* Anger over the country's economic crisis is boiling over in the streets of Athens, Greece.
* We're also waiting for a bunch of new earnings reports. AT&T, Mcgraw-Hill, The New York Times, and Philip Morris International will all release their third quarter results before the bell.
* Citigroup is agreeing to pay $285 million to settle claims by the SEC that the bank misled investors in 2007.
* Soon you'll be able to go into Starbucks and ask for a tall, sweet blonde. The coffee chain will soon offer a new "blonde" blend – a lighter roast for people who can't stomach the dark stuff.

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


Filed under: Minding Your Business
October 18th, 2011
08:48 AM ET

AM Minding Your Business for Oct. 18, 2011

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

Today we're watching:

* Corporate earnings are being released today. Goldman Sachs has announced its first quarterly loss since 2008, while Bank of America's earnings beat estimates.
* U.S. markets are poised to open lower this morning. Investors are waiting for tech giants Apple, Yahoo and Intel to release their quarterly earnings later today.
* China's economic growth slowed slightly from July through September. This morning, China reported that it's GDP grew 9.1% in the third quarter, down slightly from 9.5% last quarter.

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


Filed under: Minding Your Business
October 14th, 2011
07:42 AM ET

AM Minding Your Business for Oct. 14, 2011

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

Today we're watching:

* U.S. stock futures are up ahead of the big G-20 meeting of the world's finance ministers in Paris today.
* Ratings agency Standard and Poor's has cut Spain's long-term credit rating by one notch from 'AA' to 'AA-'. And ratings agency Fitch put 13 major banks on notice for a potential downgrade.
* Here in the U.S., you could be seeing fewer Gap stores soon. The company says it plans to shut-down 21% of its stores in North America over the next 2 years.
* The rise of gas and oil prices is hitting American consumers harder than ever before. According to a new report from the Consumer Federation of America, you could spend up to $600 dollars more on gas this year – that amounts to about $2,900 per household.
* Get it while it's hot – people are already lining up for the new iPhone 4S this morning. It goes on sale in stores this morning

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


Filed under: Minding Your Business
October 13th, 2011
07:59 AM ET

AM Minding Your Business for Oct. 13, 2011

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

Today we're watching:

* Right now U.S. stock futures are down. The Dow turned positive for the year at one point during trading yesterday. But the rally lost steam right before the close.
* This morning, we'll find out how many unemployment claims were filed for the first time last week.
* Banking giant JP Morgan Chase just released its third quarter earnings report – and it topped estimates. Search giant Google releases its earnings report after the bell this afternoon.
* The billionaire convicted in the biggest insider trading case involving hedge funds in the U.S. is expected to be sentenced today in Manhattan. Raj Rajaratnam was found guilty of conspiracy and securities fraud back in May. He could spend as many as 25 years in prison.
* If you own a Sony TV we have some important news for you. The company is recalling 1.6 million Bravia LCD tvs that have a faulty component that may cause them to melt or catch fire.
* As the temperature heads south, your heating bill is about to go up! According to the Energy Department, homes that heat with oil can expect prices to rise nearly $200 over last year. The biggest reason for the increase: The rising price of crude oil.

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


Filed under: Minding Your Business
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