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New York governor gets praise, scorn for fracking ban he credits to science, not ...
ALBANY, N.Y. - New York Gov. Andrew Cuomo (KWOH'-moh) is getting heaped with praise by environmentalists and scorn by business for a state ban on deep hydraulic fracturing for natural gas, even as he insists the decision wasn't his.
NY Fracking Ban Decision Elicits Different Reactions  WAMC
Cuomo gets kudos, scorn for New York fracking ban  Auburn Citizen
Wall Street Journal   Related articles »  
Jobless Claims Fall to 289000 in Latest Week
The number of Americans filing for first-time unemployment benefits dropped last week and stayed near 14-year lows, the latest evidence of labor-market improvement.
US jobless claims signal firmer labor market; other data mixed  Reuters
US unemployment claims fall 6000  Fox News Latino
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Putin says Russia economy will be cured, offers no remedy
MOSCOW (Reuters) - President Vladimir Putin assured Russians on Thursday that the economy would rebound after the ruble's dramatic slide this year but offered no remedy for a deepening financial crisis.
Vladimir Putin predicts Russian rebound to take 2 years  Financial Times
Putin claims West wants to turn Russian bear into stuffed animal  MarketWatch
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Dow jumps for second day after Fed pledges patience on rates
The Dow Jones industrial average surged more than 300 points on Thursday, building on gains from a day earlier after the Federal Reserve indicated that it was in no rush to raise interest rates as the economy strengthened.
MarketsYellen serves up 'Santa Rally' for US stocks  Financial Times
Momentum Pushes Stocks Higher as Crude Oil Resumes Slide  TheStreet.com
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What are negative interest rates?
Switzerland's National Bank (SNB) is to impose an interest rate of minus 0.25% on large amounts of money deposited in the country.
Swiss savers shrug off negative interest, foreign banks the target  Reuters
Swiss franc falls after central banks adopts negative rates  MarketWatch
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Equities rise on Fed signals; oil resumes declines
NEW YORK (Reuters) - Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day with investor sentiment buoyed by comments from the U.S.
Oil prices reverse rally, close back in on recent lows  Nasdaq
Loonie up, US Fed vows to be 'patient' in raising interest rates ...  CTV News
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FedEx Delivers Strong Growth But Misses Expectations
Despite strong earnings growth in the second quarter, FedEx Corporation (NYSE:FDX) missed consensus estimates. Its earnings per share grew 36% to $2.14, compared to $1.57 a year earlier.
Update: FedEx Earnings (FDX)  Seeking Alpha
FedEx Upgraded to Conviction-Buy at Goldman Sachs (FDX)  The Legacy
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Amazon promises one-hour delivery in Manhattan
With Prime Now, Amazon's customers will be able to have toys and books shipped to their door in one hour or less via a new mobile app.
Amazon adds one-hour delivery for Prime members, starting in Manhattan  Washington Post (blog)
Amazon debuts 1-hour shipping in New York  San Jose Mercury News
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New York Is Ready With Revision of Bitcoin Regulations
New York regulators will issue a revised proposed draft of regulations for bitcoins, Benjamin M. Lawsky, Superintendent of Financial Services, told the Bipartisan Policy Center in Washington this morning.
New York Regulator Outlines Changes to Bitcoin Rules  New York Times
Lawsky Proposes Lighter Regulations for New Bitcoin Companies  Bloomberg
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US average rate on 30-year home loan 3.80 percent
Average U.S. long-term mortgage rates fell this week, with the benchmark 30-year loan rate reaching a new low for the year. Here's a look at rates for fixed and adjustable-rate mortgages this week and over the past year: Copyright 2014 The Associated Press.
Mortgage rates dropping like a rock  OCRegister
Mortgage Rates Hit Another 2014 Low  Barron's (blog)
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