UNITED STATES

Futures Rise, Energy Shares in View

Traders await the start of the trading at the New York Stock Exchange
Stock index futures edged higher on Wednesday in what looks to be another low-volume session, with investors waiting for the start of 2012 before betting on risky assets.

Oil Prices Hover Near $101 Amid Middle East Concerns

Oil Prices
Talk of closing the Strait of Hormuz is generally seen as an empty threat from Iran. The U.S. State Department said it saw an element of bluster in the threat. Yet it has been made before and since nearly one-third of all tanker traffic passes through the Strait of Hormuz the concern lingers. Most, however, don't seem to think Iran could or would pull it off, for long anyway.
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Stock index futures seen inching lower

Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down 0.04 to 0.2 percent at 0901 GMT.
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Asian shares slip in thin trade, oil steady on Iran

Asian shares fell on Wednesday in low volume with many market players away for year-end holidays, while oil held on to the previous day's gains on concerns about possible supply disruptions after Iran threatened to stop the flow of oil from the Gulf.
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Appeals Court Delays SEC-Citigroup Fraud Case

The Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.

U.S. Appeals Court Delays SEC-Citigroup Fraud Case

The U.S. Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.
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Hackers say to publish emails stolen from Stratfor

Hackers affiliated with the Anonymous group said they are getting ready to publish emails stolen from private intelligence analysis firm Strategic Forecasting Inc, whose clients include the U.S. military, Wall Street banks and other corporations.
Stratfor Website Down After Being Hacked by Anonymous

Hackers Say They'll Publish E-Mails Stolen from Stratfor

Hackers affiliated with the Anonymous group said they are getting ready to publish emails stolen from private intelligence analysis firm Strategic Forecasting Inc, whose clients include the U.S. military, Wall Street banks and other corporations.
Logo on headquarters of American International Group Inc. (AIG) in New York

Court OKs AIG's $450M Workers Comp Settlement

A federal judge has approved American International Group Inc's $450 million settlement with rival insurers to end litigation accusing AIG of underreporting premiums on workers' compensation policies.
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Court OKs AIG's $450 mln workers comp settlement

A federal judge has approved American International Group Inc's $450 million settlement with rival insurers to end litigation accusing AIG of underreporting premiums on workers' compensation policies.
Ford Fusion

U.S. Auto Sales Grow for Third Year, with 'no Clunkers'

A large part of Jesse Toprak's job as the chief automotive industry analyst for TrueCar.com is to advise consumers on which cars to target -- and the clunkers to avoid. In 2011, though, something changed within the United States automotive industry. There are very few, if any, clunkers.
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Appeals court to review BofA $8.5 billion MBS pact

A U.S. appeals court agreed to resolve a dispute among institutional investors over whether Bank of America Corp's $8.5 billion mortgage debt settlement should be sent back to a New York state court for approval.
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SEC seeks emergency halt to Citigroup fraud case

The Securities and Exchange Commission filed an emergency request to put its securities fraud lawsuit against Citigroup Inc on hold so it can quickly appeal a judge's decision to reject its proposed settlement with the bank.
Airplane sunset

What Will Air Travel Look Like in 2012?

Will prices rise? What about the added fees? What new trends can we expect? Air travel in 2012 is shaping up to be busier and more expensive than 2011. Here’s a look at some predictions and a preview of what to expect in the coming year.
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GE jumps into retail banking with MetLife deal

General Electric Co agreed to buy life insurer MetLife Inc's online bank on Tuesday, in a deal that will let GE's capital arm expand its funding base and lessen reliance on wholesale markets.
Confetti is dropped on revellers marking two hours to midnight during New Year's Eve celebrations in Times Square in New York

14 New Year's Resolutions for 2012 and 7 Tips For How-To Keep Them

Jan. 1, 2012 is around the corner. Americans across the country take this time to reflect on the past year and decide what parts of themselves they hope to change and improve for the upcoming year. To embrace 2012, we took a look at the top 14 New Year's Resolutions in the U.S. and offer you seven tips for how to keep them unlike years in the past.
Former Prime Minister Lady Thatcher (L) is shown in this 1997 file photo combined with a publicity photo of actress Meryl Streep portraying Thatcher in her new film "The Iron Lady" in this combination photo

Thatcher's Iron Lady image softened by new movie

Making a film about an iconic politician like Britain's Margaret Thatcher is akin to walking into a movie minefield, and casting an American -- even one as revered as Meryl Streep -- is asking for more trouble.
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Consumer confidence perks up, house prices sag

Improving labor market conditions lifted U.S. consumer confidence to an eight month high in December, but persistently weak house prices remain an obstacle to faster economic growth.

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