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IMF Head Lagarde: Global Economy At Risk Of 'Lost Decade'

AP | Posted 01.09.2012 | Business

BEIJING -- The head of the International Monetary Fund warned Wednesday the global economy faces the risk of a "lost decade" of little or no growth an...

Libyan Rebels Battle for Brega

Chris Weigant | Posted 09.19.2011 | World
Chris Weigant

Whoever controls Brega will control the oil the town can ship out, which would be a huge source of income for the rebels. In the end, this war may wind up being one of attrition.

Libya -- Oil, Water, Gold Are the Real Issues

Gemma Godfrey | Posted 06.15.2011 | Business
Gemma Godfrey

The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?

Japan's Energy Crisis Curbs Rising Oil Prices

New York Times | CLIFFORD KRAUSS | Posted 05.25.2011 | Business

HOUSTON -- The recent economic jolt to Japan's economy, by lowering energy demand, has at least temporarily offset some of the Libyan uprising's impac...

Wall Street Speculators Driving Up Oil Prices

Posted 05.25.2011 | Business

WASHINGTON -- Oil consumption has fallen, demand from U.S. motorists for gasoline is flat at best and refiners that turn crude into fuel are operatin...

Healthy, Wealthy and Wise?

Andrew L. Yarrow | Posted 05.25.2011 | Business
Andrew L. Yarrow

How did two proud symbols of American greatness from the late 19th to the late 20th centuries become emblematic of deep social and economic problems and the nation's slide from global pre-eminence?