... * Markets up for 2nd straight week; Dow, S&P end at records. * Trading volume light in post-holiday session. * Biotech stocks rise, but still lower on week.
Christmas is over - but driving around the Cordova Mall area Friday in Pensacola, you wouldn't know it. Packed parking lots, long checkout lines and shoppers loaded down with bags made it seem more like the last-minute dash for gifts on Christmas Eve ...
Russian President Vladimir Putin on Friday signed into law a new defense doctrine that identifies NATO as the chief threat to Russian security and claims the right to use nuclear weapons to counter any aggression that "threatens the very existence" of Russia.
If you're worn out from all your holiday shopping lately, perhaps you can take a minute or so to recoup by learning about everything else that everyone picked up.
... * Libyan output just 352,000 bpd, storage tank fire spreads. * Building U.S. supply glut moderates gains. * Japanese November crude imports down 17.3 percent (Updates with settlement).