S&P 500 falls for fifth day as financials drag

Wall Street stocks fell on Wednesday, with the S&P 500 notching a fifth straight day of losses as financial stocks were hit by fears that regulations on the banking industry would tighten once the Democratic Party takes control of the U.S. House of Representatives.

Britain’s Barclays, Lloyds shock in EU bank stress test

Britain’s Barclays and Lloyds were the surprise laggards in a European Union bank health check on Friday, alongside Banco BPM , one of the Italian banks which had been expected to struggle.

U.S. allows eight importers to keep buying Iran oil for now

The United States said on Friday it will temporarily allow eight importers to keep buying Iranian oil when it reimposes sanctions on Monday to try to force Iran to curb its nuclear, missile and regional activities.

U.S. FDA approves AcelRx Pharma’s opioid pain drug

The U.S. Food and Drug Administration on Friday approved AcelRx Pharmaceuticals Inc’s opioid-based fast-acting treatment for pain to be used under medical supervision.

E-therapy may help ease insomnia

(Reuters Health) – People with insomnia who receive a digitized version of cognitive behavioral therapy (CBT) as part of their treatment may find more symptom relief than those who only receive tips to improve their sleep routines, a recent experiment suggests.