OPEC+ Cuts Oil Production as Inflation Eases and Stocks Rise

Meta Takes Action Against Fake Accounts as AbbVie Invests in Cancer Treatment

OPEC+ has agreed to cut oil production by over 2 million barrels per day in an attempt to boost prices, with Brazil set to join the bloc in January.
The Federal Reserve's preferred inflation measure shows that price pressures are easing, with the lowest year-over-year inflation rate in more than 2.5 years.
Meta has disabled thousands of fake Facebook accounts linked to China that were spreading politically partisan content in the U.S. ahead of the 2024 election.
Stocks ended mostly higher on Wall Street, closing out November with big gains, with the S&P 500 seeing its biggest monthly gain in more than a year.
AbbVie is spending over $10 billion to add a potential blockbuster cancer treatment from ImmunoGen to its portfolio, despite expectations of the deal being dilutive to earnings until 2027.