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U.S. markets news

US STOCKS-Wall Street again marks new highs in post-election run
Dec 8 (Reuters) - Major U.S. stock indexes climbed again on Thursday and set fresh record highs as a month-long rally following the presidential election of Donald Trump rolled on.
5 reasons why stocks are in melt-up mode  USA TODAY
Stocks Hit Fresh Records as Dow Transports Rallies  Fox Business
Reuters  
Trump era confronts organized labor with gravest crisis in decades
President-elect Donald Trump's Twitter attack this week on a union official, followed by his choice of a labor secretary who has criticized new worker protections, has rattled leaders of the American labor movement, who fear unions may be facing their ...
Trump's Labor Pick, Andrew Puzder, Is Critic of Minimum Wage Increases  New York Times
Trump to Nominate Fast-Food CEO Andrew Puzder as Labor Secretary  Bloomberg
Transportation Department Weighs Allowing Phone Calls During Flights
Airline travelers already upset about shrinking seats and rising fees should steel themselves for a potential new cabin reality: listening to another passenger yakking on a mobile phone.
Gov't proposal envisions phone calls on airline flights  Washington Post
Airlines Must Tell Passengers If Phone Calls Allowed Under Proposed Plan  Bloomberg
Portland To Tax Companies That Have Outrageous CEO-Worker Pay Gaps
The progressive city is ramping up its fight against income inequality while increasing annual revenue by as much as $3.5 million.
Portland to tax CEOs who earn 'too much,' a first for income ...  Yahoo News
Portland, Ore. will levy first-of-its-kind CEO tax  The Hill
Nikkei rises to highest in a year on Wall St strength, weaker yen
TOKYO, Dec 9 (Reuters) - Japanese stocks rose to their highest level in a year on Friday morning, supported by Wall Street gains and solid buying of exporters on the back of a weaker yen.
Asian shares flat but on track for weekly gains  Reuters
Japanese Market Advances  Nasdaq
UPDATE 1-Six ex-Insys executives arrested in U.S. in fentanyl bribe case
Dec 8 (Reuters) - Six former Insys Therapeutics Inc executives and managers were arrested on Thursday on charges that they engaged in a nationwide scheme to bribe doctors to prescribe a drug containing the opioid fentanyl, U.S.
Former Insys CEO Arrested in Opioid Prescription Kickback Case  Wall Street Journal
Former Insys Officials Charged in Scheme to Push Its Painkiller  New York Times
Global stocks advance ahead of ECB decision
SEOUL, South Korea (AP) - Global shares rose on Thursday following upbeat trade data from China. Investors were looking ahead to a meeting of the European Central Bank later in the day.
Asian markets mostly gain, shaking off ECB easing  MarketWatch
Asian shares meander as ECB-inspired rally fades  U.S. News & World Report
Number of Americans collecting unemployment checks is down 10 percent from 2015
The Labor Department said Thursday that weekly claims for jobless aid slid by 10,000 to a seasonally adjusted 258,000. By The Associated Press.
US Jobless Claims Decline Signals Still Healthy Labor Market  Wall Street Journal
US Stocks Higher Amid Low Jobless Claims  Morningstar.com
OPEC's Historic Deal Won't Be Enough to Drain Oil Stockpiles
OPEC is likely to bring the oil market into balance by the middle of next year, but its production cut looks set to fall short of its stated goal of draining the stockpiles that are depressing prices.
Crude futures rise ahead of weekend OPEC/non-OPEC meeting in Vienna  Platts
Oil extends gains on hopes for non-OPEC output cuts  Reuters
Macau Casinos Plunge in Hong Kong on ATM Withdrawal Cap Report
Casino stocks dropped in Hong Kong, Australia and the U.S. after a report that China is imposing a 50 percent cut on UnionPay ATM withdrawal limits in Macau, widening a crackdown on how gamblers move cash into the gambling enclave.
Asia markets mixed as HK gaming shares tumble amid reports of ATM withdrawal ...  CNBC
Why Casinos Stocks Plunged Suddenly Today  Motley Fool