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U.S. markets news

Japan Struggles to Escape Recession as Production Drops: Economy
Japan's inflation slowed for a fourth month in November, and industrial production and retail sales unexpectedly dropped, pointing to further weakness in an economy Prime Minister Shinzo Abe is trying to revive from recession.
Japan Inflation Slows in Blow to Abe  Wall Street Journal
Japan inflation slows as oil price falls, keeps BOJ under pressure  Reuters
Economic Times   Related articles »  
Oil Trades Near $56 as Saudi Budget Seen as Sign of Confidence
Oil traded near $56 a barrel amid the most volatility in more than three years, as Saudi Arabia was seen assuming a price of $80 for its 2015 budget in a sign of confidence in the market.
S. Arabia projects huge deficit as oil price drop bites  DAWN.com
Saudi Arabia's 2015 budget looks to boost oil market  Economic Times
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Rouble recovery eases fears of Russian financial crisis
RUSSIA'S finance minister has declared the currency crisis over as the rouble firmed to a three-week high, but President Vladimir Putin told his ministers they would have to work through the coming holidays to manage the country's deepening economic ...
Russia says ruble crisis over as reserves dive, inflation climbs  Reuters
Russia: Currency crisis over, but inflation set to soar  The Express Tribune
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Citigroup to sell Japan retail banking business
Citigroup announced it reached an agreement to sell its retail banking business in Japan to Sumitomo Mitsui Banking Corp., one of the county's three mega-banks.
Citi agrees to sell Japan retail banking to SMBC  The Straits Times
Citigroup to sell retail banking business in Japan to SMBC  The Indian Express
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Winds up to 65 mph knock out power across LA, Orange counties
Thousands of residents across Los Angeles County woke up Christmas morning without power after unusually high winds tore apart trees, blew away holiday decorations and prompted the California Highway Patrol to issue an advisory to freeway drivers.
Thousands still without power on Christmas Day after howling winds  LA Daily News
Powerful Christmas Winds Cause SoCal Power Outages  FOX40
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Gift Returns Done Right
No matter how much thought shoppers put into gifts for their loved ones, chances are someone is going to return one of those gifts.
Prepare before making a trip to the return register  Palladium-Item
Return policies for major retailers  WFMJ
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Walmart has figured out what to do with all those Christmas gift cards you don't ...
Gift cards are popular Christmas gifts for some people, though recipients might not always be thrilled to receive one, and might even forget to spend them later.
Wal-Mart's higher-skilled employees pinched to 'absorb' cost of ...  Washington Times
Exclusive: US minimum wage hikes to affect 1400-plus Walmart stores  Reuters
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Video: The drone comes into its own
With each passing year, drones continue to enter the mainstream. Many cost less than $500 and can reach heights of up to 1,ooo feet, which is exciting for consumers, but potentially hazardous for pilots.
Dos and Don'ts for Your Christmas Present Drone  The Epoch Times
Drones Become Popular Holiday Gifts  WROC-TV
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Uber slapped with suit by 45 Philadelphia taxi companies
A group of 45 Philadelphia taxi companies filed suit in federal court Tuesday alleging that Uber, the app-based taxi enterprise, is waging unfair competition against medallion owners who must operate under state laws and regulations.
Uber Levies New Fee For UberT Users In New York City  Macro Insider
Uber Adds $2 Surcharge to Taxi Rides, Angering Drivers  The Epoch Times
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Doctor Sees Benefits and Side Effects of Affordable Care Act
Dr. Douglas Olson says his patients illustrate the trade-offs and lessons in the Affordable Care Act. Michael Rubenstein for The Wall Street Journal.
Five things to know about Affordable Care Act open enrollment  York Daily Record/Sunday News
Obamacare Offers Up a Pleasant Surprise for the Holidays  Motley Fool
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