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U.S. markets news

Oil prices plummet as OPEC decides against output cut
VIENNA - Crude prices plunged Thursday after the powerful Organization of Petroleum Exporting Countries said it wouldn't cut production levels to stem the collapse in oil prices that have fallen 40% since June.
OPEC takes no action on oil supply; prices slump  Los Angeles Times
Oil plunges as Opec tests the mettle of US shale industry  Financial Times
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Brazil next finance chief pledges balanced growth, fiscal discipline
BRASILIA Nov 27 (Reuters) - Brazil's incoming finance minister Joaquim Levy vowed to cut spending and clean up the country's finances on Thursday, aiming to rebuild trust with investors after years of weak growth and erratic economic policies.
Rousseff names Joaquim Levy as new finance minister  Fox News Latino
Brazil's Real Drops From Three-Week High as Levy Face Obstacles  Bloomberg
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ECB vice-president seeks to boost inflation
A top European Central Bank official has insisted policy makers must do all they can to boost weak eurozone inflation, in spite of warnings that any extension to the ECB's bond-buying spree could increase risks for the bloc's financial system.
Risk of price bubbles won't stop ECB trying to revive inflation -Draghi  Reuters
Europe's bond yields slide on hopes of ECB QE  CNBC
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11 Economic Lessons to Make You a Smarter Shopper For Black Friday
When you hit the stores this weekend, remember three things: Shopping is a sport, this is its Super Bowl, and retailers are better at playing it than you.
Black Thursday brings out deal hunters  Washington Post
Tampa-area shoppers get jump on Black Friday deals  TBO.com
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EU's Juncker Survives No-Confidence Vote Over Luxembourg Tax Breaks
Jean-Claude Juncker, president of the European Commission, at a news conference at the Group of 20 summit in Brisbane, Australia, this month.
Juncker survives no confidence vote over tax allegations  BBC News
EU unveils $394-billion plan to unlock EIB financing  Business Standard
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WTO Impasse Over, India's Food Security Concerns Taken on Board
New Delhi: After months-long deadlock, the World Trade Organisation approved a framework for a global pact to ease customs norms after accepting India's demand to remove constraints on food stockpiling.
Diplomats make trade deal to cut red tape, poverty  Chron.com
WTO endorses its 1st trade deal in 20 years  Times of India
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German unemployment falls in November: Data
FRANKFURT: Unemployment in Germany fell in November as the labour market continues to shrug off weak growth, official data showed on Thursday.
U.S. jobless claims jumped to 313000 last week -- but don't worry, the ...  Daily Digest
Rise in Number of Americans seeking Unemployment Benefits  Maine News Online
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With oil prices plunging, OPEC and Russia are on their knees
In a way, the message of OPEC's inaction today�deciding not to cut supply�is analogous to the challenge that confronted GM and Microsoft in recent years: if it wants to remain relevant in a world it once dominated, and at times made tremble, it needs to ...
Opec members flounder in a flood of cheap oil  Financial Times
LUKOIL (LUKOY) Discusses Q3 2014 Results - Earnings Call Transcript (LUKOY)  Seeking Alpha
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USDA buying cranberries due to oversupply
MADISON, Wis. (AP) -- An oversupply of cranberries from record harvests in Wisconsin and Canada has prompted the U.S. Department of Agriculture to buy up to 68 million pounds of berries.
Cranberry Growers Search for Ways to Share Their Bounty  New York Times
A happy Thanksgiving for Cranberry Caucus  Green Bay Press Gazette
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Head of Foxwoods wants to extend last call for gamblers
Felix Rappaport said casinos in nearby states have later last call times for gamblers, putting his casino at a disadvantage. BY Nancy Dillon.
Casino seeks law exemption to serve booze longer  San Francisco Chronicle
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