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U.S. markets news

At the close: Wall Street posts record in second straight weekly gain
U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday.
GLOBAL MARKETS-Shares rise in thin post-holiday trade; oil, natural gas slip  Reuters
Wall St hits records in light trade  Brisbane Times
Fox Business   Related articles »  
Bullish holiday shoppers are eager to spend
Holiday shoppers were back in force Friday, clutching gift cards, searching for deals, returning unwanted presents and feeling pretty good about the year ahead.
Charlotte retailers wrapping up strong holiday season  Charlotte Observer
Final holiday shopping days kick off with lots of returns  San Jose Mercury News
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New York's Top Cop Scores as Credit Suisse Faces $10 Billion Mortgage Fraud ...
Credit Suisse Group AG (CSGN) was ordered to face a $10 billion lawsuit by New York's attorney general accusing the Swiss bank of fraud in the sales of mortgage-backed securities before the 2008 financial crisis.
Credit Suisse's Plea Dismissed: MBS Lawsuit to Continue - Analyst Blog  Nasdaq
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Amazon adds 10M Prime subscribers during holiday
Amazon says more than 10 million people tried the online retailing giant's Prime subscription service for the first time this holiday.
Amazon Prime Boasts Ten Million New Subscribers this Holiday Season  East Idaho News
Amazon Prime adds 10 mil  Investor's Business Daily
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Oil trades above $60 a barrel as fighting intensifies at Libya's biggest terminal
Oil traded above $60 a barrel amid concern about Libyan supply after government forces struck Islamist militias close to the nation's largest terminal at Es Sider.
UPDATE 10-Oil declines amid stronger dollar, crude oversupply in US  Reuters
Libya oil fire  Peninsula On-line
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Putin Scraps New Year's Holidays For Government Workers
Russian President Vladimir Putin speaks at a press conference after the Supreme Eurasian Economic Council at the Kremlin in Moscow, on Dec. 23, 2014.
Russia forecasts economic slump  Reuters UK
Mr. Putin's Global Courtships  New York Times
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Holiday Package Deliveries Improve Thanks To Better Weather, Better Systems
SAN FRANCISCO (CBS/AP) - There aren't many people who are still waiting for the gifts that were supposed to arrive by Christmas in the Bay Area, or anywhere else, for that matter.
UPS expects to ship 4 million return packages  Atlanta Business Chronicle
Package carriers' investments pay off with improved on-time holiday delivery
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Best and worst places for the minimum wage
In 21 states, increases in the minimum wage have apparently forced Walmart to make adjustments to more than 1,400 stores, Reuters reports.
Values vary between gift card exchange websites  KRCRTV.COM
Unwanted gift cards? Spend it at Walmart  KGUN 9
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Fall in pump prices forecast to continue
Gas prices remained in free fall last week and look like they will continue to do so into the new year. Oklahoma gas price average of $2.07 has tumbled $1.46 since hitting its 2014 high of $3.53 on June 26.
Prices dropping daily at the pump  KVUE
Gas prices continue to plunge in Wis  MyFox Wausau
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Yamana Gold and Ocwen are big market movers
The rise in the price of gold lifted shares of the gold and copper miner. Freeport-McMoRan Inc., up 60 cents to $23.51. The miner and oil and gas company said a test of a Louisiana well was successful.
Yamana Gold, Ocwen Financial, Juno, Blackberry, and Cytokinetics are big ...  Winnipeg Free Press
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