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U.S. markets news

Dow, S&P end at records in fourth straight day of gains for Wall Street
NEW YORK (Reuters) - U.S. stocks rose for a fourth straight session on Monday, with both the Dow and S&P 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names.
US stocks push to record highs, continuing a rally
How the Dow Jones industrial average did Monday  Washington Post
Fortune   Related articles »  
Housing in Uneven Recovery as Home Sales Decrease: Economy
Sales of previously owned U.S. homes slumped in November from a one-year high, underscoring the uneven nature of the current recovery in residential real estate that's been one of its defining characteristics.
Maine home sales decline 9.85 percent in November while sales price also slides  Fox Business
Tampa area housing sales jump 21 percent from last year
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Israeli bank helped US account holders avoid taxes
As part of a settlement reached on Monday with the U.S. Department of Justice, Bank Leumi Group will pay $270 million in fines. It's the first time an Israeli bank has admitted to this type of criminal activity.
Bank Leumi to pay $400M in tax evasion cases  USA TODAY
Bank Leumi to Pay $400 Million to Resolve US, NY Tax Probes  Businessweek
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Ruble Swap Shows China Challenging IMF as Emergency Lender
China is stepping up its role as the lender of last resort to some of the world's most financially strapped countries. Chinese officials signaled Saturday that they are willing to expand a $24 billion currency swap program to help Russia weather the worst ...
Russia's financial crisis just claimed its first victim: A bank with ...  Washington Post (blog)
Russia bails out bank as rouble crisis reverberates through economy  The Australian
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American Apparel board confirms it received buyer interest
NEW YORK - American Apparel Inc., the retail chain that ousted its controversial founder last week, said a buyer has expressed interest in acquiring the company for as much as $1.40 a share, confirming reports that have driven up the stock.
Exclusive: American Apparel takeover offer far too low - source  Reuters
Ousted American Apparel CEO Dov Charney Is Reportedly Down To His Last ...  Huffington Post
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Oil scandal in Brazil just keeps growing; optimists see chance for change
RIO DE JANEIRO - On the surface it could not be much worse for Brazil. With the economy faltering, its cherished government-controlled oil company Petrobras spiraled into a $3.8 billion corruption scandal just as it was finally ramping up production in its ...
Rousseff pledges "drastic measures" to revive Brazil's economy  Fox News Latino
Ex Petrobras manager says she spoke with CEO about anomalies  U-T San Diego
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Last-minute holiday shopping? You can buy Darryl Strawberry's Mets salary from ...
Due to boring procedural circumstances likely to interest only tax attorneys, the Internal Revenue Service will auction off the right to collect payments the New York Mets owe retired slugger Darryl Strawberry after a deferred compensation arrangement he ...
New York Mets Will Pay You Millions If You Buy Darryl Strawberry's Contract  FanSided
This is one way to get the Wilpons to open...
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The fall in oil prices: No one saw it coming
Think back to this time last year: Did you think oil prices would be cut in half in 2014? AP Photo/Dario Lopez-Mills. Probably not, and you weren't alone.
Asian markets gain as oil rebounds  Businessweek
Oil Prices Fall After Early Gains  Fox Business
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Railroads seek permission to put a single person in charge of miles-long freight ...
OMAHA, Neb. - When American freight trains delivered cargo after World War II, the steam-belching beasts commonly had seven people aboard - an engineer, a conductor, up to four brakemen and a fireman.
Railroads seek one-person crews for freight trains  Maryville Daily Times
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F-Squared hit with $35M SEC penalty
AP SEC MONEY MARKET FUNDS A F FILE USA DC Fast-growing money management firm F-Squared has agreed to pay $35 million and admit wrongdoing for defrauding investors with false ads about the firm's flagship product, a federal regulator said ...
F-Squared paying $35M to settle SEC charges on advertising  SFGate
F-Squared to Settle SEC Charges  Wall Street Journal
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