Mark Trumbull

Living standards are actually rising in America. Here's why the middle class feels so besieged.

The wealth gap between the young and old is deeper than it has ever been. The recession hasn't helped, but the trend has been in the making for years.

Rick Perry, the governor of the No. 1 oil-producing state in the nation and contender for the 2012 presidential nomination, unveiled a jobs plan that would tap into oil and gas in places like Oklahoma, Alabama and of course, Alaska.

Home prices fell sharply during the first quarter of 2011, according to the Case-Shiller index. The "double dip" means they dropped below their Great Recession low point, reached in early 2009.

The U.S. government has reached the debt limit set by Congress, Treasury's Tim Geithner said Monday. Treasury has ways to keep paying the nation's bills until August. All eyes are now on Congress.

President Obama used his weekly address to announce steps to promote greater domestic oil production and reduce the burden of high gas prices. Republicans say it's not enough.

Is the economic recovery still so fragile that an emphasis on reducing federal spending could hurt rather than help?

Security officials at Ted Stevens Anchorage International Airport were on heightened alert although there were no immediate specific threats.

A new report from the Department of Commerce shows average U.S. incomes rising, but with rapidly-climbing fuel and food prices, "real" disposable income is down.

Here’s a guide to how the national debt ceiling works and what's at stake for the U.S. economy.

With the removal of CEO Tony Hayward from BP's oil spill response, announced Friday, the task of managing that project now falls to another longtime BP executive -- one who doesn't have a British accent.