Mike Obel

Mike Obel assigns, edits and writes stories about business, markets, finance and economics. Before coming to International Business Times, he worked on the Finance Desk of The Associated Press in New York. Prior to that he worked for United Press International in Dallas and Philadelphia. Mike has done freelance work for newspapers and the Oil & Gas Journal, as well as worked in corporate public relations, speech writing and media communications for BP PLC and ConocoPhillips.

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Articles by Mike Obel

New-Home Sales Among Key Economic Events May 20-24
May 17 2013 3:38 PM

Data on manufacturing in Germany, France and the rest of the euro zone will cast light on its record-long recession.
US Housing Starts Drop Far More Than Expected In April
May 16 2013 8:35 AM

Could the U.S. housing recovery be starting to fade?
Dow, S&P 500 Set Record Highs
May 15 2013 4:07 PM

Question: How can you tell when the stock market sets a record high? Answer: When your watch says it's 4 pm.
Why The US Deficit Is Shrinking Fast
May 15 2013 8:26 AM

The federal budget deficit has begun what the CBO thinks will be three years of contraction. After that, deficits will resume growing.
Another Day, Another Record High On Wall Street
May 14 2013 4:43 PM

U.S. stocks extended their record-breaking streak Tuesday on a broadly based surge fueled by the Fed's easy money policy.
Barack Hussein Milhous Nixon: The Return Of The 'Sleaze Factor'

May 14 2013 11:49 AM

It’s been almost 30 years since American journalists coined the phrase “sleaze factor” to describe President Richard Nixon’s administration. It was a richly deserved riposte. Since then, the phrase has fallen into disuse, but a series of scandals in President Barack Obama’s administration suggest it may be time to dust it off.

The latest whiff of Obama administration sleaze comes from the Justice Department, which has been collecting telephone records of Associated Press reporters and editors. The White House hasn’t deigned to explain what looks to the rest of the world like contempt for the Fourth Amendment.
US Retail Sales Rise More Than Expected In April
May 13 2013 8:43 AM

American consumers come through once again, giving retailers a boost in April and encouraging economists.
Bangladeshi Army Ends Search For Rana Plaza Tragedy
May 13 2013 7:05 AM

Now the question is, will the government of Dhaka begin enforcing its own building safety standards?
Housing Starts Among Key Economic Reports May 13-17
May 11 2013 10:36 AM

Economic reports this week may cast light on how long the current U.S. and Japanese stock-market rallies might last.
Most Greek Youths Can't Get Jobs
May 09 2013 8:30 AM

If you're 24 years old in Greece, you can pretty much forget about getting hired.
UK Central Bank Keeps Key Interest Rate At 0.5%
May 09 2013 7:14 AM

The bank also maintained its purchase of 375 billion pounds ($584 billion) of debt after the UK narrowly avoided a triple-dip recession.
DJIA Closes Above 15,000 For First Time Ever
May 07 2013 4:43 PM

U.S. stocks set more records Tuesday, as a four-year long bull market stampedes into a fifth year.