UNITED STATES

AT&T Inc forecast a $2.7 billion non-cash charge in the fourth quarter due to a change in the way it recognizes gains or losses for pension and other post-retirement benefits.

2011 is shaping up as a race to the bottom for currency values, writes Harvard professor Kenneth Rogoff in today's Financial Times. No wonder gold has been so attractive.

Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed out insurer American International Group Inc.

Futures on major U.S. indices fell after the weekly jobless claims data came in worse than analyst expectations.

Few diplomatic rituals are more predictable than U.S. presidents prodding Chinese leaders over China's human rights record.

U.S. jobless claims jumped to their highest level since October while food and energy costs boosted producer prices, pointing to lingering headwinds for an economic recovery that had been showing renewed vigor.

AT&T Inc forecast a $2.7 billion non-cash charge in the fourth quarter due to a pension related accounting change aimed at making its numbers more transparent for investors to understand.

The number of people claiming unemployment benefits continued to rise for the second week, according to a report by the U.S. Labor Department.

After repossessing more than a record 1 million homes in the U.S., banks are now poised to foreclosure on even more properties in 2011, according to Realty Trac Inc.

U.S. jobless claims jumped unexpectedly last week to their highest level since October, suggesting the labor market is still in a rut despite signs of improvement in the economy.

U.S. stock index futures pointed to a slightly lower open on Thursday as the number of first-time claims for jobless benefits rose unexpectedly, highlighting the bumpy ride for employment as economic growth picks up.

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Economic growth in the world's wealthier nations is still too slow to create enough jobs for the tens of millions who lost their during the worst global recession since World War Two, the World Bank said on Wednesday.

Banks will meet in New York City Thursday to make their case for the right to sell the U.S. Treasury's stake in American International Group, three people familiar with the matter said Wednesday.

U.S. stock index futures traded flat on Thursday, coming off a broad rally in the previous session, as investors looked ahead to labor market data and results from Intel, the first major technology company to report earnings.

U.S. stock index futures were little changed on Thursday, coming off a broad rally in the previous session, as investors looked ahead to labor market data and results from Intel, the first major technology company to report.

Google's mobile operating system Android will continue to grow at more than twice the rate of its major smart phone competitors in 2011, according to a latest estimate from market research firm Canalys.

China will grow slower in 2011 due to the unwinding of fiscal stimulus and the restrictions placed on overheating sectors, the World Bank said in a report.

Sarah Palin, Republican known for fiery statements, has landed in another controversy for using blood libel while defending herself against allegations on the Tuscon shooting. The row has shed light on the increasingly caustic political rhetoric.

Spending on luxury goods by affluent Americans is forecast to grow by $28 billion in 2010, experts said on Wednesday, and the wealthy are happy despite most believing the United States is still in recession.

After Chinese President Hu Jintao and Barack Obama show the world smiles and handshakes next week, the wait will begin for the next of the feuds that have regularly sapped trust between the two powers.