Sky-high oil and gas prices risk tipping the U.S. economy back into recession. But Washington isn’t powerless when it comes to oil prices: Here are five things that the federal and state governments can do that would quickly re…
The U.S. trade gap widened to just under $500 billion in 2010, but that obscures impressive growth in global sales of U.S. goods. And the outlook for 2011 is even better. Still, to reach a trade surplus, America must solve two …
Oil prices rose Wednesday as reports of higher U.S. productivity and more domestic hiring combined with continuing growth in demand from China to offset the effects of lackluster economic data from other countries.
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Oil prices rose Wednesday as reports of higher U.S. productivity and more domestic hiring combined with continuing growth in demand from China to offset the effects of lackluster economic data from other countries.
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Oil prices reached their highest point in five months due to the combination of a weakening dollar, an interest-rate cut in Japan, a strike by French workers and a barge crash that closed off a Texas shipping route.
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