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U.S. markets news

Fed signals it will go slow on lifting key interest rate
... - The American economic outlook, bolstered by robust job growth and a sharp drop in gasoline prices, was boosted a little more with the Federal Reserve's signal that it would take as long as three years to raise interests to once-normal levels.
Yellen Makes It Clear That Fed's Patience on Rates Has Limits  Businessweek
South Korea's Won Weakens as Yellen Signals Fed to Raise Rates  Bloomberg
New York Times   Related articles »  
NY unlikely to face lawsuits over fracking ban, experts say
ALBANY, N.Y. (Reuters) - When Governor Andrew Cuomo announced a ban on fracking in New York on Wednesday, he predicted "a ton of lawsuits" against the state.
Fracking Ban in New York Puts Cuomo in Tight Spot  Wall Street Journal
New York Preserves Energy Hypocrisy With Drilling Ban  Forbes
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US consumer prices fall on gasoline; rate hike likely in 2015
WASHINGTON (Reuters) - U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but did little to change views the Federal Reserve would start raising interest rates in mid-2015.
Inflation up 3% in November  The Star Online
Biggest Price Drop Since 2008 Lifts U.S. Consumers: Economy  Bloomberg
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Earnings at Fedex Fail to Meet Analysts' Expectations
FedEx's second-quarter earnings soared 23 percent, but it missed Wall Street forecasts because of a lower-than-expected benefit from falling fuel prices.
FedEx Misses In Q2 As Some Costs Rise, Outlook Disappoints FDX UPS  Investor's Business Daily
Investors Buy FedEx on Weakness Following Weak Earnings (FDX)  The Legacy
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Uber pledges to improve driver checks
Ride-hailing company Uber has pledged to improves its oft-critised process for screening drivers, and said it is researching the use of biometric verification in background checking its drivers.
Uber Pledges To Improve Driver Screenings In 2015 After Growing Safety ...  CBS Local
Polygraph exams to biometrics: Uber plans tighter screening for drivers  Firstpost
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Rolling on the river: Schenectady picked for Capital Region gaming site
Members of Save East Greenbush celebrate Tuesday after the announcement that Schenectady, not East Greenbush, was selected as the Capital Region casino site.
New York awards three licenses for upstate casinos  Reuters
Gambling panel picks 3 upstate sites for casinos  Newsday
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Leaked Emails Unveil Snapchat's Secretive CEO
A batch of leaked emails involving a Snapchat board member show the startup's rapid rise to be the work of a secretive young entrepreneur with a distaste for Silicon Valley and its conventions.
Spiegel's Sony Hack Note Sidesteps Snapchat's Privacy Snafus  Businessweek
Everything you need to know about the recent Snapchat leaks  Gigaom
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Bay Bridge light show will go on
There will be permanent, artistic lights at the end of the tunnel - the westbound tunnel of the Bay Bridge leading into San Francisco, that is - come 2016.
Bay Bridge light sculpture to keep on shining  Sacramento Bee
Bay Bridge light sculpture hits fundraising goal to shine on  Oakland Tribune
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IBM Announces Nine New Cloud Data Centers after Record Year
The IBM logo is seen outside the company's offices in Petah Tikva, near Tel Aviv. (Photo : Reuters). Following a record year for cloud data, IBM wants to boost its number of data centers worldwide by 25 percent to meet increasing demand.
IBM says cloud business enjoying 'breakthrough year'  GlobalPost
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Michigan Unemployment Rate Lowest In 8 Years
LANSING (WWJ/AP) - Michigan's seasonally adjusted unemployment rate has dropped 0.4 percentage points to 6.7 percent in the latest month, reaching its lowest level in more than eight years.
Unemployment Falls In Michigan  WLNS
Michigan jobless rate falls to 6.7%  The Detroit News
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