MOSCOW (Reuters) - Russia's ruble lost more ground against the dollar on Thursday before President Vladimir Putin's end-of-year news conference, expected to be dominated by what a government minister called a "perfect storm" hitting the economy.
New York state will ban hydraulic fracturing after a long-awaited report concluded that the oil and gas extraction method poses health risks, Governor Andrew Cuomo's administration said on Wednesday.
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.
A Russian tycoon placed under house arrest in September in a move that rattled markets was released from house arrest on Tuesday, just hours before President Vladimir Putin's annual televised press conference.
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%.