IBT Staff Reporter

According to a recent study conducted by Australian scientists -published in the Cancer Epidemiology, Biomarkers and Prevention journal, the drugs used in the treatment of asthma by thousands of men may be increasing the risk of developing prostate cancer.

U.S. stocks gained on Monday, lifted by expectations the Federal Reserve will add liquidity to the economy when it meets on Tuesday amid worries of a slowing recovery.

A gauge of the U.S. job market rose in July for the 14th straight month although its pace of increase slowed, suggesting job growth would struggle to keep up with growth in the working-age population, a research group said on Monday.

Car sales in China rose at their slowest in 15 months in July as the world's largest auto market cooled further after a roaring 2009, but Indian sales hit a record high thanks to sound economic prospects and new models.

Mortgage finance giant Freddie Mac (FMCC.OB) on Monday said it would need another $1.8 billion in aid from taxpayers, bringing its total request since it was taken over by the government two years ago to more than $64 billion.

A smaller percentage of U.S. homeowners were saddled with underwater mortgages in the second quarter as more homes entered the foreclosure process even as price declines slowed, real estate website Zillow.com said on Monday.

A review of 88 studies on allergens since 2001 has found that allergy shots or allergen immunotherapy can reduce asthma symptoms or attacks.

South Australia's nurses and midwives warned on Monday that they may still go on strike if negotiations with the state government over pay raise, staffing and workload fail.

Stocks edged higher on Monday, lifted by forecasts one day ahead of the Federal Reserve's policy making meeting that the Fed will resort once more to some mild quantitative easing.

Girls in the U.S. may be continuing to hit puberty at earlier ages, according to new research.

U.S. and British regulators are investigating the timing of Goldman Sachs Group Inc's disclosure to them that the bank was the subject of a federal civil fraud probe, Goldman said on Monday.

Oman has no plans to block BlackBerry services, the small Gulf state said on Monday, as regional heavyweight Saudi Arabia worked with the device's maker on a solution that could avert a ban of some services.

Sluggish markets and the May 6 flash crash pinched even trading highflier Goldman Sachs Group Inc in the second quarter, according to the company's quarterly report filed on Monday.

McDonald's Corp reported a 7 percent global increase in sales at its established restaurants last month, fueled by its beverage business, extended hours, and strong sales in Asia.

Bill Hewlett and Dave Packard would not be amused.

McDonald's Corp reported a better-than-expected 7 percent global increase in sales at established restaurants in July, fueled by new drinks like smoothies, extended hours in Europe and strength in Asia.

Exercising in your 40's, 50's and 60's is like saving for your retirement, experts say.

Dish Network Corp , the No. 2 U.S. satellite television operator, posted better-than-expected quarterly earnings and 9 percent growth in revenue.

World stocks edged up toward last week's three-month peak on Monday while the dollar held near a 15-year low versus the yen on rising expectations the Federal Reserve could soon buy bonds to support the economy.

President Barack Obama reached out on Saturday to retired Americans, an important group of voters, touting a report that showed healthcare reform had brightened prospects for the Medicare hospital trust fund.

People over 50 with HIV are more likely to be diagnosed with late-stage disease than younger adults, according to a British study.

Stocks were set for a higher open on Monday as investors shrugged off last week's dismal employment data and shifted focus to the Federal Reserve's assessment of the economy following a meeting of its policymakers later this week.

Foodmaker Sara Lee Corp's Chief Executive Brenda Barnes will step down permanently as CEO and chairman after being on a medical leave since May and the company said it has started a search for her successor.

Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard Co after its chief executive resigned.

Problems at the mines in South Africa, increasing demand due to the rise in auto sales and emerging markets like India and China will ensure that platinum and palladium outperform gold in the coming years.

Following China's decision to open up the gold sector by allowing more banks to trade in bullion, Indian banks have also decided to approach the Reserve Bank of India for permission to trade in gold. Several banks have moved the RBI seeking permission to trade in gold in the domestic market and even hedge their requirements on futures exchanges.

Mark Papermaster, the Apple executive in charge of iPhone engineering, has left the company weeks after the Antennagate controversy over complaints of poor reception on the company's latest smartphone.

Stock index futures rose on Monday as investors shrugged off last week's dismal employment data and shifted focus to technology shares, including Hewlett-Packard Co after its chief executive resigned.

Chrysler Group LLC posted a second-quarter net loss on Monday and said it still had an extraordinary amount of work to complete, but its turnaround was on track and it could raise its financial outlook later this year.