Russians seeing their buying power at risk with a sinking ruble were snapping up big-ticket items, such as refrigerators in St. Petersburg.
ALBANY, N.Y. - Gov. Andrew Cuomo's administration will move to prevent fracking in the state, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique.
Average gas prices nationally have dropped to $2.53 a gallon from $2.89 a month ago and $3.23 a year ago. This suggests that inflation remained subdued in December and may remain modest in the coming months.
FDX announced its 2Q15 financial results with EPS $2.14, up 36% from the same quarter a year earlier although still falling short of the $2.19 forecast by 2.3%.
(Updates levels and adds quote). LONDON Dec 18 (Reuters) - The Swiss franc hit its lowest level against the euro since mid-October on Thursday and its lowest against the dollar in over two years after the Swiss National Bank cut interest rates to below zero.