COSTELLO: Twenty-five minutes past the hour. Welcome back. "Minding Your Business" this morning. U.S. stock futures pointing to a lower open right now. Last week, the Dow dropped nearly three percent and the NASDAQ and S&P; 500 fell about four percent driving markets down worldwide overnight fears about U.S. budget talks as well as the debt crisis in Europe. Spain has a brand new leader. Mariano Rajoy won 45 percent of the popular vote this weekend. Topping his agenda -- preventing the debt problem in Greece and Italy from spreading to Spain. In recent days, concerns about Spain's economy have pushed bond yields closer to that key seven percent level at which other countries were forced to seek an international bailout. And Warren Buffett speaking about Europe. On his trip to Japan today, he says the euro system is just not working and it's going to take more than just words to fix it. Buffett is in Northern Japan looking at some potential investments there after his trip was rescheduled from March due to the tsunami and earthquake. Chevron is taking responsibility for an oil spill in Brazil and is pledging to clean it up. It happened off the coast of Rio de Janeiro earlier this month and it's one of the largest spills to hit Brazil's offshore oil industry. The leak has since been plugged. Sending your packages will soon cost you more. U.P.S. announcing that it's boosting its base rates for ground and air shipments 5.9 percent. International shipping rates are jumping almost seven percent. The company blames demand and its investments in new technologies are on the increase. The new rates begin after Christmas on January 2nd. And gift cards will be the most popular present again this year. A survey by the National Retail Federation says 80 percent of you will be buying a gift card for someone this holiday season. But "Consumer Reports" says a quarter of people don't even use them. We'll have more on that coming up later this hour. And don't forget, for the very latest news about your money, check out the all-new CNNMoney.com. AMERICAN MORNING will be back after a break.
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