Oil Prices Rise to Three-Year High

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Oil prices surged to a three-year high Tuesday on rising expectations that OPEC member countries will comply with oil production cuts to the end of 2018. Brent Crude prices are headed toward $70 a barrel, West Texas Crude settled at $62.96 bbl, the highest since…


China Says It Shut Down 128,000 Websites in 2017

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China shut down nearly 128,000 websites that contained obscene and other “harmful” information in 2017, the official Xinhua news agency reported late on Monday, citing government data. Xinhua said 30.9 million illegal publications were confiscated in 2017, while 1,900 people were subject to criminal penalties,…


US Economy Ends Year with Modest Job Gains

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The U.S. economy ended 2017 by adding 148,000 new jobs in December. Despite the modest gain, hiring was strong enough to suggest the economic momentum will continue. But while the national unemployment rate remained unchanged at a 17-year low of 4.1 percent, analysts say the…