Wall Street set to dip as interest rate concerns grow
Wall Street was poised for a soft open on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report.
Many prostate cancers caught by screening won't kill
The number of prostate cancers diagnosed in UK men each year would jump from 30,000 to 160,000 if the country introduced population-wide screening for the disease, new research shows. However, many of those cancers are low-risk and may not lead to death.
FDA staff urge more antipsychotic review in kids
U.S. drug reviewers recommended that regulators further study the effects in children of a group of medicines known as atypical antipsychotics, a report released on Friday said.
Swine flu kids getting faster drug treatment: U.S
More than 80 percent of U.S. children severely ill with H1N1 flu have been treated swiftly with antiviral drugs, a trend that could be saving lives, U.S. health officials said on Friday.
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U.S. rate views boost dollar; hit stocks and gold
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Stock futures fall as interest rate concerns grow
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U.S. regulators unlikely to break up biggest banks
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Moody's says no Dubai-linked rating moves on US insurers
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
More news
Stock futures signal dip; investors eye Bernanke
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 3:40 a.m. EST.
Gold falls 2 percent as dollar strengthens
Gold prices fell 2 percent to session lows in Europe on Monday, on selling prompted by the dollar's rise to a five-week high versus the euro following above-consensus jobs data in the previous session.
Dollar index hits 5-week high, euro falls
The dollar hit a five-week high against a currency basket on Monday, extending its rally from Friday when strong U.S. jobs data fueled speculation the Federal Reserve may consider winding down its stimulus measures.
Oil falls to $75 as dollar rises
Oil prices dropped to $75 a barrel on Monday reacting to a rising dollar and tracking weak European equities as investors became more risk averse.
Cadbury to respond to Kraft offer on December 14
British confectioner Cadbury said on Monday it would post a formal response to Kraft's $16 billion takeover offer on December 14.
Kuwait sells Citi stake, makes $1.1 billion profit
Kuwait's sovereign wealth fund said on Sunday it had sold its stake in Citigroup Inc for a profit of $1.1 billion, becoming the latest Gulf investor to sell foreign shares as markets improve.
Stock futures signal dip; eyes on Bernanke
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 0840 GMT (3:40 a.m. EST).
U.S. bank bailout estimate cut by $200 billion
The projected long-term cost of the U.S. government's bailout of the nation's big banks is going to be at least $200 billion less than previously thought, a Treasury Department official said on Sunday night.
Five AIG execs say may quit over pay: report
Five senior executives at American International Group told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday.
Citi seeks government nod to repay taxpayers: report
Citigroup Inc is trying to persuade the U.S. government to allow it to repay $20 billion in taxpayer funds before a window to launch a share sale effectively shuts by the middle of next week, the Financial Times reported on Sunday.
Billy Joel's daughter Alexa tried to commit suicide:report
Alexa Ray Joel, 23 the daughter of singer Billy Joel, is stable in a New York City hospital following what police called a suicide attempt, the New York Post reported.
Daily Wrap Up - Dec 6
Health Care Rally; Banks Raise Risk;Climate Change Turning Point
U.N.'s Ban says optimistic for Copenhagen deal: report
U.N. Secretary-General Ban Ki-moon said in an interview published on Sunday that he was optimistic the December 7-18 climate conference in the Danish capital would produce an agreement all member states would sign
World's press urges action on climate change
Humanity faces a profound emergency and unless we combine to take decisive action, climate change will ravage our planet, a joint editorial published in newspapers in 45 countries said on Monday.
U.N. talks on climate turning point set to start
U.N. talks billed as a turning point in a bid to slow global warming open on Monday seeking to agree curbs on greenhouse gas emissions and raise billions of dollars for the poor in aid and clean technology.
Iraq lawmakers end impasse, election to go ahead
Iraqi politicians agreed a last-minute deal on Sunday to overcome divisions on a law needed for an election to take place next year, reducing the risks to U.S. plans for a partial withdrawal in 2010.
Envoy may take disarmament plan to Pyongyang
The Unites States, Japan and South Korea are working on a road map for ending North Korea's nuclear arms plans that will be on the agenda of a U.S. envoy who visits Pyongyang this week, Japan's Asahi newspaper reported.
Karzai urges flexibility for U.S. troop timeline
Afghan President Hamid Karzai raised doubts on Sunday that his country could take over responsibility for its security by July 2011, while U.S. leaders said the date was not a drop-dead deadline for Kabul.
Obama surprises with Copenhagen summit decision
U.S. President Barack Obama will attend the end of the Copenhagen climate change summit, a late change of plan the White House attributed on Friday to growing momentum toward a new global accord.
Obama rallies Democrats on healthcare overhaul
President Barack Obama on Sunday urged Senate Democrats to work out their differences on healthcare reform and pass what will be the most significant social legislation in decades.
GM taps Spencer Stuart to conduct CEO search : report
General Motors Co has tapped recruiting firm Spencer Stuart to find a permanent chief executive with extensive global, manufacturing and turnaround experience, The Wall Street Journal reported on Sunday, citing people familiar with the matter.
No winners if yuan rises, says China think-tank
Lifting the value of China's yuan currency would hurt, not help, global economic recovery and threaten the country's own financial and trade health, a Chinese state think-tank said in an essay published on Monday.
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