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US economy unlikely to recover as rapidly as it collapsed

President Donald Trump has been telling voters that the U.S. economy will leap back to life "like a rocket," stronger than ever after its bout with the coronavirus. But there is a reason economics is called the "dismal science." There are emerging signs that any recovery will fail to match...

Oil producers intend to cut 10-15 mn barrels: Kuwait

Top oil producers meeting later Thursday intend to cut production by between 10 and 15 million barrels per day, Kuwait's Oil Minister Khaled al-Fadhel reportedly said. The talks between OPEC and other major producers come as oil languishes at near-two decade lows, with Russia and Saudi...