* White House tries to dissuade Saudi Arabia from cutting oil production
* OPEC+ appears ready for deep cuts to its oil output targets
* Putin signs annexation of Ukrainian regions
* US national debt tops $31 trillion for the first time
* Why the Fed may not be so quick to pivot on rate hikes
* An unprecedented global deflationary cycle has begun, an economist advises
* Factory orders in US unchanged in August
* China’s economy faces several headwinds that are weighing on growth
* US job openings fall sharply in August, tumbling to 13-month low:

A Federal Reserve governor says taming inflation will take time. “While oil and gasoline prices have come down in recent months, I am concerned that fluctuations in prices of the goods to which people pay the most attention, like food and housing, will affect expectations of future inflation,” says Fed governor Philip Jefferson.

10-year Treasury yield falls to 3.62%, lowest in nearly two weeks.