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%.
Online taxi service Uber Technologies Inc, which had a driver who was accused of rape in New Delhi, said it was exploring and adding new methods to verify drivers' credentials and make its service safer.