Business, Economics and Jobs

The true value of oil

It's a battle over hearts and minds. And oil. Bush urged Congress to vote to on allowing oil drilling off American coastal waters, prompting spars over what's causing fuel prices to rise. Democrats say it's speculators. Republicans say it's all about demand.

Business, Economics and Jobs

Biggest. Deficit. Ever.

An outgoing president leaves a successor many things. This year, President Bush will leave something else: a record $482 billion deficit. (The economic stimulus plan contributed a big chunk of it.) How much debt can Americans stand, and what does it mean for the presidential candidates with costly plans of their own?