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U.S. markets news

Russia in recession in 2015, ruble to stay pressured: Reuters poll
MOSCOW (Reuters) - The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite.
Yuan-Ruble Swap Shows China Challenging IMF as Emergency Lender  Bloomberg
Putin was supposed to have the best year ever. It turned out to be the worst.  Washington Post
The Moscow Times   Related articles »  
Housing in Uneven Recovery as Existing Home Sales Drop: 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.
US existing home sales hit six-month low in November  Reuters
Sales of existing homes slid 6 percent in November  UPI.com
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Alstom to Pay US Record $772 Million Fine in Bribery Scheme
The French industrial giant Alstom has agreed to plead guilty and pay a $772 million penalty to the United States in a bribery investigation by the Justice Department.
Alstom to pay record $772m fine for bribery  Financial Times
Isn't It Strange That U.S. Gets To Fine Alstom, A French Company, For ...  Forbes
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Wall St. Is Higher, but Home Sales Data Disappoints
Major stock indexes were higher on Monday, on pace to build modestly on gains from last week. The market has closed higher over the past three trading days.
US Stocks Trade Higher in Low Volume  Wall Street Journal
For 2015, investors expect more gains for stocks, but they're still ...  Fox Business
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NY Regulator Announces $150 Million Settlement With Ocwen Financial
Benjamin Lawsky in November. The office of New York's top financial regulator announced a settlement with Ocwen on Monday. Bloomberg News.
UPDATE 2-Ocwen executive chairman to step down in $150 mln settlement  Reuters
Former Ocwen chairman takes $2B hit on settlement  New York Post
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Gas prices have fallen for record 88 straight days
NEW YORK (MarketWatch) - It hasn't been this cheap to fill up your tank for 5� years. The national average price of gas has declined for 88 days in a row - the longest streak on record, according to AAA's Fuel Gauge Report.
Kansas has fourth-lowest average gas price  Topeka Capital Journal
The stunning decline in gas prices just broke a new record  Washington Post (blog)
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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  KBTV Fox 4 Beaumont
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Here's your chance to get paid $1.2 million by the Mets
Next month, the Internal Revenue Service will auction off the remaining annuity from the deferred compensation on Darryl Strawberry's contract, a six-year deal the former outfielder signed with the Mets in 1984.
IRS to auction deferred Mets contract  ABC News
Darryl Strawberry contract up for auction by IRS  Newsday
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How Not to Be 'Naughty' With Your Drone This Christmas
Just in time for Christmas, we learned today that the Federal Aviation Administration apparently has its own "naughty-or-nice" list.
New campaign urging drone safety ahead of holidays  USA TODAY
FAA, industry launch drone safety campaign  Mankato Free Press
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F-Squared to Pay $35 Million to Settle SEC Charges
The Securities and Exchange Commission said Monday that money manager F-Squared Investments Inc. has agreed to pay $35 million to settle charges that it used hypothetical data to overstate the track record of its flagship index.
UPDATE 1-F-Squared settles with SEC over false performance claims  Reuters
Investment Firm F-Squared to Pay $35 Million in Penalties Over Inaccurate Data  New York Times
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