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

April US Consumer Confidence Up More Than Expected
April 30 2013 10:06 AM

However, confidence remains below its historic level, and it's too soon to tell if the rise will endure, analysts say.
US Home Prices Surge 9.3% In February
April 30 2013 9:08 AM

The pace of U.S. real estate price increases is accelerating, and the housing sector remains the brightest sector in the economy.
S&P 500 Climbs To Record High
April 29 2013 4:49 PM

The broad-based S&P 500 stock index set its second record in a month Monday, on strong tech and energy stock gains.
Another Sign Of US Factory Slowdown?
April 29 2013 10:45 AM

Factories in Texas are stagnating, according to a report by the Dallas Federal Reserve Bank.
Personal Income, Consumer Spending Up 0.2 Percent In March; Inflation Tame
April 29 2013 8:40 AM

U.S. consumer spending in March rose more than had been expected by analysts. Meanwhile, core inflation remains low.
US Consumer Sentiment Down In April
April 26 2013 10:08 AM

The widely followed consumer sentiment index waned this month, adding to a recent spate of bad economic news.
Silver Institute Sees Lower Silver Prices In 2013
April 24 2013 8:24 AM

The damage from the recent sell-off in silver prices will not likely be repaired this year.
DJIA Drops 1% After Fake AP Tweet, Quickly Recovers
April 23 2013 2:52 PM

A fake tweet about the White House being attacked and the president being injured hammered stocks, for a moment.
Euro Zone Business Activity Extends Contraction
April 23 2013 7:42 AM

The monetary union in April extended its exploration of just how low it can go in terms of business activity.
Facebook Building $1.5B Data Center In Altoona, Iowa
April 22 2013 6:42 AM

Altoona, a suburb of Des Moines, Iowa, gets another big high tech project.
Dzhokhar Tsarnaev, And 'For Whom The Bell Tolls'
April 19 2013 3:01 PM

Dzhokhar will die, on the street or in a prison. Justice has its demands.
General Electric's 1Q Beats Street
April 19 2013 9:43 AM

Aviation and energy sales generated a surprisingly large first-quarter profit for General Electric.