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U.S. markets news

Saudi Rulers to Curb Wages as Kingdom Confronts Oil Slump
Saudi authorities pledged to curb wages and push ahead with investments next year as the world's largest oil exporter seeks to counter the effect of tumbling crude prices on the economy.
Saudi Arabia Maintains Spending Plans in 2015 Despite Oil Slide  Wall Street Journal
Saudi to dig into reserves for the 2015 budget  WBAY
gulfnews.com   Related articles »  
Russia says ruble crisis over as reserves dive, inflation climbs
MOSCOW (Reuters) - Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis ...
Ruble Crisis Is Over, Russian Finance Minister Says  Wall Street Journal
Ruble Gains to 3-Week High on Exporter Sales, Central Bank Steps  Bloomberg
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We may consider raising further capital in the near future: Sam Ghosh
Reliance Capital CEO Sam Ghosh says he is interested in only a universal banking licence and that the partnership with Sumitomo Mitsui Trust Bank will continue irrespective of whether the company gets a licence or not.
Citigroup to Sell Japanese Retail Banking Unit to Sumitomo Mitsui Banking  New York Times
REFILE-Sumitomo Mitsui to take $58.4 mln stake in India's Reliance Capital  Reuters
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Japan's top banker: falling oil prices will help, not hurt, our economy
Although in the short run inflation is low because of dropping crude oil prices, in the long run it will boost inflation because of more corporate profits and higher wages, he argued.
Bank of Japan Head Urges Increased Corporate Spending to Spur Economy  Sputnik International
Kuroda Calls on Japan Inc to Embrace Shift to Inflation: Economy  Businessweek
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USS Ranger featured in 'Top Gun' set to be dismantled for single penny
Aircraft carrier, USS Ranger, which featured in the movie 'Top Gun', will be dismantled for single penny in Brownsville, Texas.
Final voyage: Navy pays one cent to scrap aircraft carrier  Macro Insider
Navy's USS Ranger aircraft carrier featured in 'Top Gun' to be ...  Washington Times
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Bad Santa 5 tips to tackle holiday gift returns
As anyone who's received a drugstore cologne present set effectively knows, even Santa Claus gets it wrong in some cases. Mates and relatives?
Bad Gift? How to Make Returns Fast and Easy  Patch.com
How to exchange unwanted gifts with ease  TBO.com
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Uber Announces $2 Fee For Uber Taxi Service in New York City
Uber, the social-taxi, mobile-vehilce-hailing application has added another $2 fee for picking up a fare in New York City. Uber claims that the new surcharge�which has been implemented in other markets before New York�helps to cover the cost of fare ...
Uber Target Of Lawsuit By Philadelphia Cab Companies  Macro Insider
Uber Called 'Criminal Enterprise' by Philadelphia Cab Owners  Businessweek
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CFTC says MF Global Holdings ordered to pay $121 billion to customers as ...
MF Global Holdings Ltd. should spend $1.21 billion to reimburse shoppers for losses sustained when the brokerage firm failed in 2011.
MF Global Holdings to pay $1.21B in restitution  STLtoday.com
MF Global Holdings to pay $1.21B in restitution - KTVN Channel 2 - Reno ...  KTVN
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Wal-Mart testing exchange of gift cards
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National notes: Walmart unveils gift card exchange program  Omaha World-Herald
Best and worst places for the minimum wage  Chron.com
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US jobless claims hit seven-week low, signals accelerated labor recovery
The number of Americans filing new jobless applications for claiming their unemployment benefits reached to its lowest level in seven weeks, signaling that the country's job market is steadily moving on the path of recovery.
US Jobless Claims falls: Markets Rejoice. Dow Scales 18000  Wall Street Pulse
Jobless aid hits a 7-week low  HeraldNet
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