News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

US jobs shock creates doubt over Federal Reserve taper

A weak jobs report sent US government bond yields tumbling on Friday and created fresh uncertainty over the pace of the Federal Reserve’s tapering of its monetary stimulus programme.

Yellen will take over leadership of the Fed as it begins to reduce its $85 billion a month 'quantitative easing' programme

Janet Yellen voted in to become first woman to chair US Federal Reserve

The US Senate on Monday confirmed Janet Yellen as the new chairman of the Federal Reserve by a vote of 56 to 26.

Fed chairman Ben Bernanke's policy might not be cost-free

If the US rises from its economic sick bed, the world will follow

A week in Washington has convinced me that the economy there has turned the corner. Interest rates are rising, which means that ours will surely follow

Ben Bernanke prepares for Fed exit with upbeat assessment

The Federal Reserve remained committed to highly accommodative monetary policy despite having trimmed its bond-buying stimulus programme, Ben Bernanke said on Friday in what could be his last speech as Fed chairman.

The most annoying, pretentious and often useless business jargon City boys love... and probably don't understand

They're confusing, pretentious and often meaningless

Japan’s Prime Minister Shinzo Abe is pushing through economic policies that have been coined Abenomics

2013 has been the year of smaller companies

Firms which avoided global woes provided the best returns

Review of the Year: View from the US saw a female hand on the Fed tiller, and two fine messes

The taper

After months of deliberation, during which time world markets convulsed wildly as investors speculated about the direction of monetary policy in the world’s largest economy, the US Federal Reserve this month reduced the size of its bond-buying programme.

The workforce is rising in some countries and falling in others. Why? Economists are puzzled …

These inactive folks stand ready to return to the labour force if jobs become available

Global markets rally as Fed reduces QE but pledges to keep rates low

Investors take the Fed's announcement as a sign that the US economy is strong enough to support further stock market gains

OUTLOOK: The world may not be ready yet to walk without central bankers' help

So, it's finally happened. The Fed's decision to slice $10bn (£6.1bn) a month off its quantitative easing programme is the clearest signal yet that Ben Bernanke, and his successor Janet Yellen, smell a real, full-blown recovery on the wind.

Bitcoin crashes after China bans banks from using virtual currency

The online currency Bitcoin plummeted more than 20 per cent today after Chinese regulators banned financial institutions from using it.

Bitcoin is an experimental digital currency that has gained popularity worldwide

Bitcoin value surpasses $1,000 for first time

The price at which a single unit of the digital currency trades has risen dramatically in recent months

Bitcoin is an experimental digital currency that has gained popularity worldwide

Bitcoin: 'Assassination Market' website raising the online virtual currency to hire assassins that target key US figures revealed

Those allegedly targeted on the site include Federal Reserve chairman Ben Bernanke, President Obama and NSA director Keith Alexander

Bitcoin price: exchange rate soars above $600 ahead of US Senate hearing

Letter from US Federal Reserve chairman highlights the "long-term promise" of virtual currencies

Fed chief dismisses suggestions that policies created 'bubble conditions'

The Federal Reserve chairman-designate Janet Yellen vigorously defended the central bank's stimulus policies today, dismissing suggestions it had created "bubble conditions" in financial markets. She left scant doubt the Fed under her leadership would continue this strategy until the economy had returned to normal.

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
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Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn