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Saudi Arabia's Oil Minister Khalid Al-Falih.

OPEC is stepping in as oil prices send an ominous signal about the global economy

Oil prices were lower following the move by OPEC, a signal that growth concerns have overwhelmed expectations for lower supply.

The US economy has a 1-in-3 chance of suffering ‘total organ failure’ within a year, report finds

"We’ve observed slower global growth, lower CEO confidence, and lower capital expenditure," Russell Investments said in a recent study.

Singapore’s 2019 growth forecast downgraded to 1.5-2.5% after economy slows to 1.2% in Q1

"Pockets of strength" still lie in some segments of Singapore's economy.
A man stands in front of an electronic board showing stock information at a brokerage house in Hefei, Anhui province, in China.

Asian stocks are following Wall Street’s bloodbath as the US-China trade war heats up

Asian equities slumped after US indexes tanked at least 2% on Monday. "Markets are likely to take Trump's words with a few pinches of salt."
Target recorded its strongest quarterly growth in shopper traffic in more than a decade.

Americans are becoming more optimistic about the economy

A measure of consumer confidence began to recover in April as Americans became increasingly upbeat about the economy.
City Hall is seen in the distance as construction workers help carry a huge American flag in a march to the Metropolitan Detention Center during one a several May Day immigration-themed events on May 1, 2014 in Los Angeles, California

GDP growth smashed expectations at the beginning of 2019. But economists say the upswing probably won’t last.

A broad measure of economic growth out Friday may have masked pockets of weakness in the economy.

Here comes GDP …

Economists forecast that gross domestic product, a measure of all the goods and services produced in a country, expanded at an annualized rate of 2.3% in Q1.

Retail sales unexpectedly fell in February

Retail sales slipped in February as receipts fell in more than half of major categories, according to a Commerce Department report released Monday.

Here are the top factors that could trigger a recession, according to Societe Generale

Here’s what recession watchers should look for in the coming months, according to Societe Generale.
A worker collects cuttings from a marijuana plant at the Canopy Growth Corporation facility in Smiths Falls

Marijuana is the fastest-growing industry in the US job market, according to a new report

Marijuana is the fastest-growing industry in the US job market, according to a new report