PRESS DIGEST - Wall Street Journal - Dec 18

Wed Dec 18, 2013 12:40am EST
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Dec 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* Russia lavished Ukraine with a bailout package worth at least $20 billion on Tuesday, trumping the West in a Cold War-tinged struggle that keeps the former Soviet republic in Moscow's orbit. ()

* Inflation is slowing across the developed world despite ultra-low interest rates and unprecedented money-printing campaigns, posing a dilemma for the Federal Reserve and other major central banks as they plot their next policy moves. ()

* A five-year battle between the largest U.S. bank and one of its regulators escalated Tuesday when JP Morgan Chase & Co sued the Federal Deposit Insurance Corp over the messy 2008 purchase of Washington Mutual Inc's banking operations. ()

* First-year enrollment at U.S. law schools plunged this year to levels not seen since the 1970s as students steered away from a career that has left many recent graduates loaded with debt and struggling to find work. ()   Continued...