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This announcement, made early Wednesday morning, started the biggest one-day rally in almost a year and rocketed prices back over $51 per barrel.

On December 2, the Labor Department reported that the unemployment rate has dropped to 4.6%. There was a surge in local government hiring, which could have been driven by the November 8 U.S. election.

Samsung also said work was underway with outside advisers to review optimal corporate structure.

Despite early doubts it was possible, members of the Organization of Petroleum Exporting Countries reached an agreement to set a target production of 32.5 million barrels per day “in order to accelerate the ongoing drawdown of the stock overhang and bring the oil market...

“Russia has already publicly indicated it is ready to cut production in the first half of 2017 by up to 300 thousand barrels of oil per day (mbpd), although it is not completely clear from which level production will be cut”, the agency said.

Bouterfa said Algeria’s proposals called for 1.1 million barrels per day (bpd) in cuts by OPEC members and decreases totalling 600,000 bpd by non-members, SHANA reported.

“Trump is inheriting a strong economy, an economy that is near full employment and clicking on nearly every cylinder”. The average work week for all workers was unchanged at 34.4 hours.

Kris Jenner, West’s mother-in-law, said before the news leaked of the hospitalization that West was “really tired” according to Extra.

“This positive jobs report is another indication that the USA economy continues to pick up steam”, said Tony Bedikian, managing director and head of global markets at Citizens Bank.

While OPEC’s decision to cut production gave an immediate boost to oil prices, the impact on consumers and the US economy is likely to be more modest and gradual.

Mr Trump’s choice as deputy at the Commerce Department, Todd Ricketts, is the son of a billionaire and the co-owner of the Chicago Cubs baseball club and Steven Mnuchin, who Mr Trump hopes will be his Treasury Secretary, is a former Goldman Sachs executive, hedge fund...

The beauty of the Netflix revival is it has expanded ASP’s options. “You’ve got to have the town”.

On the state level, Georgia’s seasonally-adjusted unemployment rate for October checked in at 5.2 percent, which is actually up from the 5.1 percent rate the state posted back in September. The big surprise was the drop in the unemployment rate from 4.9% to 4.6%. Their...

Atletico have bounced back from their Madrid derby humbling at the hands of Real two weeks ago with three wins and 11 goals without conceding since.

ShopperTrak, a provider of retail data disclosed that in-store visits declined by 1% from a year ago during the two-day shopping extravaganza. Eight in 10 shopped over the weekend, of which 25-34-year olds shopped the most in store (56%) and online (62%). Clearly, retailers may...