m i economic economic indicators inventories News

m i economic economic indicators inventories News From AOL News

OPEC Ministers Make No Change in Output

QUITO, Ecuador (Dec. 11) -- OPEC ministers decided Saturday to keep oil output at current levels, citing ample inventories amid persisting global economic uncertainty and a price of just under $90 a barrel. The 12-member cartel said after an unusually short meeting that it based its decision on projections showing demand...

Obama Seeks Small Biz Aid as Recovery Inches Along

(Oct. 29) -- American economic growth picked up over the summer but not enough to substantially improve the jobs market, and President Barack Obama used the news to push a program aimed at getting small businesses to hire and invest. U.S. gross domestic product, the broadest measure of goods and services produced within...

Hopeful Economic Signs Complicate Fed's Task

(Oct. 20) -- There's an uptick in business travel and tourism, consumers are more willing to buy cars, and retail forecasts for the holidays are upbeat. Those new signs of growth in the laggard U.S. economy are welcome, but they could complicate policymakers' efforts to spark a bolder expansion. The Federal Reserve's...

Obama: Give Democrats Time to Fix the Economy

(Sept. 10) -- President Barack Obama accused Republicans of playing political games instead of pitching in to fix the economy, and asked impatient voters to give a Democratic-controlled Congress more time to crank up the economic recovery. "For all the progress we've made, we're not there yet, and that means that people...

Russian Drought Spurs Worldwide Food Price Hikes

(Sept. 1) -- Severe drought in Russia has sent world food prices 5 percent higher in recent months, according to a new report by the United Nations, and though they remain well below the record levels reached during the 2007-08 world food crisis, the higher prices have already fueled deadly riots in Mozambique. Today...