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OPEC+ suppliers struggle to agree on cuts to oil production even as prices tumble

The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday on cuts to the amount of crude they send to the world, with prices having tumbled lately despite their efforts to prop them up.

That's been a good thing for U.S. drivers, who have been able to fill their gas tanks for less money in recent months and whose costs at the pump can be sensitive to moves by the OPEC+ coalition. But it's bad news for OPEC+ countries whose oil income props up their economies and who have faced setbacks in keeping prices up despite initial fears that the Israel-Hamas war could affect oil flows.

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Inflation in Europe falls to 2.4% as interest rates pack a punch

Europeans again saw some relief as inflation dropped to 2.4% in November, the lowest in more than two years, as plummeting energy costs have eased a cost-of-living crisis but higher interest rates squeeze the economy's ability to grow.

Inflation for the 20 countries using the euro currency fell from an annual 2.9% in October, according to numbers released Thursday by Eurostat, the European Union's statistics agency. It's a far cry from the peak of 10.6% in October 2022 as an energy crisis left Europe's households and businesses struggling to make ends meet.

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Taylor Swift is Spotify's most-streamed artist of 2023

It's her, hi — Taylor Swift is Spotify's 2023 most-played artist.

According to Spotify Wrapped, Swift was 2023's most-streamed artist globally, raking in more than 26.1 billion streams since January 1. That means the pop powerhouse has dethroned Puerto Rican reggaetón star Bad Bunny, who held the coveted title for three years in a row beginning in 2020.

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Barcelona beats Porto 2-1 to return to knockout stage of Champions League

Two former Benfica players teamed up against Porto to help put Barcelona back in the knockout stage of the Champions League.

Portuguese duo João Félix and João Cancelo each scored a goal as Barcelona defeated Porto 2-1 on Tuesday to secure its return to the knockout rounds after two consecutive group-stage eliminations.

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City stays perfect while PSG, AC Milan struggle in Champions League

On a night of unconvincing performances from Paris Saint-Germain and AC Milan, Pep Guardiola walked off smiling following a comeback victory for Manchester City in the Champions League.

Phil Foden inspired a second-half comeback as City beat Leipzig 3-2 on Tuesday to take first place in Group G and extend its perfect record to five wins in five matches.

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VAR official removed from Champions League game after Mbappé's late penalty

A video review official has been removed from his Champions League game on Wednesday, one day after having a key role in a disputed decision to award Paris Saint-Germain a stoppage-time penalty for handball against Newcastle which contradicted UEFA's own advice to referees.

The VAR specialist from Poland, Tomasz Kwiatkowski, is no longer listed to work at the Real Sociedad-Salzburg game and has been replaced by a German match official.

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US economic growth for last quarter is revised up to a 5.2% annual rate

Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported Wednesday in an upgrade from its previous estimate.

The government had previously estimated that the economy grew at a 4.9% annual rate last quarter.

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41 rescued workers emerge dazed and smiling after 17 days trapped in tunnel

Forty-one construction workers emerged dazed and smiling late Tuesday from a collapsed tunnel where they had been stranded the last 17 days — a happy ending to an ordeal that had gripped India and involved a massive rescue operation that overcame several setbacks.

Locals, relatives and government officials erupted in joy, set off firecrackers and shouted "Bharat Mata ki Jai" — Hindi for "Long live mother India" — as happy workers walked out after receiving a brief checkup by doctors. Officials hung garlands around their necks as the crowd cheered.

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World economy will slow next year because of inflation, high rates and war

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates.

The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international growth would slow to 2.7% in 2024 from an expected 2.9% pace this year. That would amount to the slowest calendar-year growth since the pandemic year of 2020.

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Ailing Pope tells public he's better than a day earlier but has aides read speeches

Pope Francis presided at his weekly audience with the public at the Vatican, but he said that he's still unwell and asked an aide to read his remarks for him on Wednesday, a day after canceling an overseas trip.

Francis, who will turn 87 on Dec. 17 and had part of one lung removed as a young man, coughed near the end of the hourlong audience in a Vatican auditorium as he made some final comments, then stood up from his chair on the stage to give his blessing.

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