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Common heart rhythm problem on the rise in the U.S.

About 3 million Americans suffer from the most common type of abnormal heart rhythm, atrial fibrillation, and that number is likely to double by 2035, new research shows.

Osteoporosis meds may cut breast cancer risk: study

Women who took a commonly used class of osteoporosis drugs called bisphosphonates had significantly fewer invasive breast cancers than women not using the bone-strengthening pills, according to a new analysis of data from the Women's Health Initiative (WHI).

U.S. household wealth rises in Q3, may spur spending

U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.

SEC eyes deals in insider trading probe: sources

A new U.S. securities regulatory investigation into potential insider trading began in mid-November with the issuance of subpoenas to a number of hedge funds that may have gotten an advance word on corporate takeovers, said people familiar with the matter.

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China slaps duties on U.S., Russian steel

China, the world's biggest steel consumer, said it will impose anti-dumping duties of up to 25 percent on specialized steel imports from Russia and the United States, stepping up a trade row with Washington.

U.S. household wealth up in Q3, second quarterly gain

U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter, notching its second straight quarterly advance, Federal Reserve data showed on Thursday.

Geithner: don't declare victory too soon in crisis

The U.S. economy is struggling against headwinds that mean the government must retain the ability to respond to unexpected crises, even as it starts to wind down emergency programs, Treasury Secretary Timothy Geithner said on Thursday.

Costco, Dollar General sales up on bargain-hunting

Bargain-seekers continued to flock to retailers offering low prices, giving Costco Wholesale Corp and newly public discounter Dollar General Corp a lift last quarter.

CIT shares rise as company emerges from bankruptcy

CIT Group Inc's new shares rose as much as 6 percent from opening levels in their debut on the New York Stock Exchange on Thursday as the lender to small businesses emerged from one of the largest bankruptcies in U.S. history.

Citi plans $15 billion offering, talks to U.S.: sources

Citigroup Inc is talking with the U.S. government about paying back its bailout money, but it is not clear whether a deal is imminent, a person familiar with the matter said on Thursday.

New U.S. jobless claims rise, trade gap narrows

The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October indicated the economy remained firmly on a steady growth path.

Buick head leaves as shakeup at GM continues

The head of GM's Buick and GMC brands has resigned after only nine days on the job in a continuing shakeup of the automaker's top ranks under Chairman and Chief Executive Ed Whitacre.

Lilly suggests profit stumble after patent cliff

Eli Lilly and Co forecast 2010 earnings in line with Wall Street expectations, but suggested earnings could fall after its biggest drugs lose patent protection between 2011 and 2014.

Don't declare victory too soon in crisis: Geithner

The U.S. economy is struggling against headwinds that mean the government must retain the ability to respond to unexpected crises, even as it starts to wind down emergency programs, Treasury Secretary Timothy Geithner said on Thursday.

Obama calls on world to confront climate change

Accepting his Nobel Peace Prize, U.S. President Barack Obama urged leaders on Thursday to confront climate change and warned of dire consequences if the world did nothing to curb rising carbon emissions.

Iran may face new U.N. sanctions

The United States, Britain and France warned Iran on Thursday that it would face further sanctions if it continued to flout international demands that it halt sensitive nuclear activities.

Citi plans $15 billion offering, still talking with U.S. on TARP

Citigroup Inc is talking to the U.S. government about paying back its bailout money, but it is not clear if a deal is imminent, a person familiar with the matter said on Thursday.

U.S. envoy makes some ground in North Korea visit

The U.S. envoy for North Korea failed to secure a firm commitment from the isolated state to resume nuclear disarmament negotiations but said on Thursday he had won assurance that it supported the languishing deal.

Obama receives Nobel peace prize in Oslo (photos)

The US President Barack Obama accepted the Nobel peace prize Thursday in Oslo with a medallion and $1.4 million dollars in prize money.

U.S. trade gap narrows unexpectedly in October

The U.S. trade deficit narrowed unexpectedly in October as the weak U.S. dollar helped boost exports and demand for imported oil fell to its lowest daily level since January 2000, a Commerce Department report showed on Thursday.

Nokia pulls plug on U.S. flagship stores

Nokia will close its only two flagship stores in the United States, in a sign its retail strategy of flashy brand-booster outlets is needing a refresh.

Citigroup planning roughly $15 billion share offer

Citigroup Inc is planning to sell roughly $15 billion of common shares to help repay funds borrowed under the Troubled Asset Relief Program, people briefed on the matter said on Thursday.

Crude Oil rebounds towards $71, equities rally

U.S. crude for January delivery rose 28 cents to $70.95 a barrel by 1537 GMT (10:37 a.m. EST), after losing almost $2 in its sixth straight day of losses on Wednesday, when it hit the lowest since early October at $70.13.

Congress may raise national debt ceiling by $1.8 trillion: report

House Majority Leader Steny Hoyer says Congress may need to raise the U.S. federal debt ceiling by $1.8 trillion.

Obama says will not rush Afghan troop drawdown

U.S. President Barack Obama said on Thursday there would be no precipitous drawdown of U.S. forces in Afghanistan and cautioned that U.S. troops could still be there for years to come.

Costco profit edges up, boosted by overseas sales

Costco Wholesale Corp said quarterly profit rose slightly on higher international sales and a weaker U.S. dollar that offset the effect of rising gasoline prices.

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