OPEC poised to cut production further to shore up prices
OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming U.S. output.
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OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming U.S. output.
Anyone with jitters about the US economy got an unexpected surprise on Friday.
The US job market probably took a breather in August, slowing amid a summer lull and an escalating trade war, economists expect.
The US economy added 164,000 jobs in July, in line with expectations and the rate of growth over the last quarter. That's a healthy number, considering the economy has been expanding for more than a decade.
It's official: We're now living in America's longest-ever economic expansion on record. But the rapid job growth of the past two years seems to be cooling off.
Walmart is struggling to find talent in a tight jobs market. So the retailer is reaching out to high school students with a new pitch: Come work at Walmart and we'll cover your SAT prep and college tuition.
The US job market is about as good as it gets. How much longer can that last?
Americans got another positive jobs report on Friday -- but it was full of warning signs that the economy is beginning to stutter.