The Great Recession officially ended in June 2009. That's apparent on Wall Street, less so on Main Street. But the economic recovery is gradually being felt in places like Poughkeepsie, N.Y.
Gas prices are expected to drop – perhaps quite a bit – as the wholesale price of gasoline tumbles. The size of the drop will depend on how long commodities prices remain low.
In recent weeks, the price of a barrel of oil has stayed at about $100 a barrel, and gasoline prices have been edging closer to $4 a gallon. The costs are apparently due to events half a world away, in the Middle East. Even though plenty of oil is around, there is fear of further disruptions, and consumers, business people, and politicians have all been making adjustments. Here are eight ways that higher energy prices are starting to affect America.
After plunging at the opening Tuesday, the Dow Industrial Average regains some ground. But uncertainty over the Japan nuclear crisis could weigh on the economy, and markets, for some time.
Readers write in about Congress's tea party class, the debate over 'rights' under the Constitution, and health care reform.
President Obama's proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources. Here’s a look at five key head-scratchers in the 2012 budget:
This week's winter storm – and others before it – are being influenced by climate patterns in the Arctic and North Atlantic. Scientists are working to understand how these patterns work.
President Obama had chilly relations with US businesses until late 2010. The tone has changed, but they’re waiting to see what happens with some of the proposals in the State of the Union address.
Pundits predict healthy growth in 2011 and fewer unemployed. But housing and state budgets may struggle.