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PODCAST: OPEC reaches a deal, iPads in the cockpit

Conflict in Washington continues over the possible extension of the payroll tax cuts, as experts disagree whether the measures help or hurt the broader economy. The SEC is pushing for a rule that would disclose the income gap between the average American worker and CEOs. It is about to get a bit more difficult to be a cab driver in Chicago. And what kind of football team will make its home in Los Angeles?

The euro is weaker compared to the dollar, and that could mean more American tourists in Europe.
The euro is weaker compared to the dollar, and that could mean more American tourists in Europe.
LAURENT FIEVET/AFP/Getty Images

The Fed wrapped up a meeting yesterday saying the U.S. economy is expanding moderately but that trouble abroad — especially in Europe — still poses a risk.

And the euro currency has fallen to its lowest point against the dollar since January. It’s hovering around a $1.30.

The U.S. Senate’s expected to vote down an approved House measure extending the payroll tax cut. President Obama has threatened to veto that bill anyway because it also opens the door for an oil pipeline and spending cuts that Democrats oppose.

Import and export prices rose in November. Imports by 0.7 percent; eports by just 0.1 percent.

The oil cartel OPEC has agreed to a new 30 million barrel a day limit on output. The first new production limit in 3 years. That’s as the International Energy Agency says oil prices next year could make a sour global economy worse.

The Federal Aviation Administration says starting this Friday, American Airlines pilots will be able to use iPads in the cockpit even during take-off and landing. Those iPads will replace paper flight manuals. But the ban on passengers using devices such as iPads, phones, or anything with an on-off button will continue. And while you won’t be able to play Words with Friends during the beginning and end of a flight, we can only hope the pilots won’t be either.

What are the best words to use on your resume if you want to get a job? Well career social network LinkedIn has gone through its  member profiles and says the following are the most commonly used: Dynamic. Motivated. Track Record. Organizational. And creative is number one on the list.

And in today’s Mid-day Extra, we look at one way that Brits can make a little extra cash in the down economy.

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