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Data released Friday showed U.S. non-farm payrolls rose by 142,000 in September, considerably lower than the 203,000 jobs the markets had expected.

Wall Street started the week with another round of selling, placing the market squarely in “correction” mode. This is just the latest data point out of the world’s second- biggest economy that suggests economic softening.

“$1.5-trillion of uncommitted spend on new conventional projects and North American unconventional oil is uneconomic at $50 a barrel“, Woodmac added. In July, however, Federal Reserve Chair Janet Yellen said the Fed would raise rates this year if economic conditions...

Yao said the Fed should set objective conditions that will trigger a rate hike, such as inflation, unemployment and risks of property and housing bubbles.

Wall Street was up on Monday along with a rebound in European stocks.

Oil traded steady to higher on Tuesday, buoyed by gains on Wall Street that helped prices rebound after a tumble in the previous session, ahead of an industry report that’s expected to show if US crude stockpiles have fallen after weeks of gains.

The use of position limits may be expanded to other contracts if upcoming legislation requires them, the exchange added in a statement. So the Fed needs other tools to influence rates. Markets are also split on what a rate move might mean for markets. He says that the outlook for...

In Britain, while this year’s moves in oil returned headline inflation to zero, there was nothing in those numbers to further undermine expectations that the Bank of England will follow the Federal Reserve in raising interest rates next year.

The U.S. Federal Reserve will not raise interest rates this week, Turkey’s Economy Minister Nihat Zeybekci predicted Monday. That announcement could feature the first interest rate hike since 2006 and put an end to almost seven years of near-zero percent interest rates.

But the liftoff is surrounded by a contentious debate.

Google’s reshaping under newly formed parent Alphabet gives the tech giant more ability to focus on its core business, while offering startup-like flexibility to long shot, trailblazing projects.

The volatility prompted the government to unleash a wave of measures to stabilize markets.

The Nasdaq composite declined 72 points, or 1.5 percent, to 4,919.

Jonathan Loynes, Chief European Economist at Capital Economics, said, “It is still just about possible to imagine some sort of agreement coming together which would keep Greece inside the currency union, in the short term at least”.