Obama says economy showing 'glimmers of hope'
President Barack Obama said Friday the economy is showing ``glimmers of hope'' despite continuing stresses and signaled more steps to brighten the business climate.Obama commented to reporters after meeting at the White House with members of his economic team, including Treasury Secretary Timothy Geithnera nd economic adviser Larry Summers, as well as Federal Reserve Chairman Ben Bernanke.
President Barack Obama said Friday he saw ``glimmers of hope'' that the US economy may be wrestling free of a paralyzing recession, but warned of ``a lot of work'' yet to nurse it back to health.