... * Markets on track for second straight positive week. * Trading volume light in post-holiday session. * Biotech stocks rise, but still lower on week.
Russia, poised to enter a recession, will burn through its rainy-day funds in three years if the government doesn't change the budget structure, according to Finance Minister Anton Siluanov.
The robots at Amazon.com have apparently been quite busy this week. Amazon says more than 10 million new members worldwide tried its Prime subscription service for the first time during the current holiday season.
Retailers are girding themselves for the second busiest shopping day of the year, but the day after Christmas is also known for something less beneficial to the bottom line: hordes of returns.
Amazon.com Inc. (AMZN:US) and other retailers are on pace to sell more products online than ever this holiday season, aided by early promotions and investments in delivery systems that helped avoid the widespread shipping delays of last year.