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.

Stephen Foley: A long-term labour challenge

US Outlook: There are now more than 6.2 million Americans who have been out of work for more 27 weeks, a tragedy for the people involved and one of the more terrifying numbers in what was a slightly better than feared October employment report, published yesterday.

Bernanke signals second US stimulus plan

Ben Bernanke yesterday gave his clearest signal yet that the US is set to restart its quantitative easing programme as the world's biggest economy struggles to emerge from the recession.

Pound hits high against dollar following Bernanke vow

The pound hit its highest value against the dollar since January today after the chairman of the US Federal Reserve signalled that further efforts to boost recovery were on the cards.

Dollar slumps as fears grow Fed will print more money

Evidence of further weakness in the US economy and renewed speculation that the Federal Reserve is about to restart its policy of "quantitative easing", the direct injection of electronic money into the economy, sent the dollar crashing though a range of benchmarks and records yesterday.

Business Diary: No room for sentimentality

Deutsche Bank analyst Marc Geall didn't mince his words as he downgraded his rating of Autonomy from buy to hold. "Autonomy has neglected [investment]" he warned this week, adding "with management not confronting the issues, future volatility is still a risk". Geall should know – his profile on social networking site LinkedIn reveals that before joining Deutsche in July, he spent three years working at Autonomy, latterly as its head of corporate strategy.

Posen pleads for new stimulus to save economy and democracy

A leading Bank of England policymaker has issued an unprecedented call for the Bank "aggressively" to print money and buy mortgage books from the banks to save the economy and protect democracy itself from the dire consequences of a long slump.

Leading article: A burden of economic responsibility

Barack Obama has a lament about his administration's Republican opponents in Congress: "If I said the sky was blue, they'd say no. If I said fish live in the sea, they'd say no". President Obama's complaint is understandable. And he would not be the first occupant of the White House to find himself stymied by the boys and girls on The Hill.

Employment data ease US fears of 'jobless recovery'

Unusually bright news from the US labour market helped to dispel fears that the American economy may soon suffer a catastrophic relapse into recession.

Bernanke: Fed could do nothing to save Lehman

The Federal Reserve was powerless to stop the collapse of Lehman Brothers in 2008, the central bank's chairman said yesterday, but he was too scared to say so in public at the time.

Stephen King: It's all very clear how Japan lost a decade, but will others make the same mistake?

Outlook: Unless a decent recovery is already in the bag, the public will have doubts about the potency of policymakers and the tools at their disposal

US consumer spending beats forecast for July

Spending by American consumers rose in July at its fastest rate for four months, the US Commerce Department said.

US ready to inject cash as GDP is revised down

But better news for UK as growth figure is revised upwards

Stephen Foley: Helicopter Ben rides again

US Outlook: The rotor blades are whirring again at the Federal Reserve helipad. Helicopter Ben – as chairman Ben Bernanke is known for showering money on the blazing fires of the credit crisis – has put new quantitative easing (QE) on the agenda for fighting deflation and a double-dip.

UK economy growth overshadowed by US risk

The UK's best growth in nearly a decade was overshadowed tonight by the growing threat of a double-dip recession in the US.

News
Michael Buerk in the I'm A Celebrity jungle 2014
people
Arts and Entertainment
Avatar grossed $2.8bn at the box office after its release in 2009
filmJames Cameron is excited
News
The number of GP practices with 10 or more doctors has grown by 75 per cent
science
Arts and Entertainment
Stik on the crane as he completed the mural
art
News
Happy in his hat: Pharrell Williams
people
Arts and Entertainment
Stella Gibson is getting closer to catching her killer
tvReview: It's gripping edge-of-the-seat drama, so a curveball can be forgiven at such a late stage
News
Brazilian football legend Pele pictured in 2011
peopleFans had feared the worst when it was announced the Brazil legand was in a 'special care' unit
News
i100(More than you think)
News
Phyllis Dorothy James on stage during a reading of her book 'Death Comes to Pemberley' last year
peopleJohn Walsh pays tribute to PD James, who died today
News
peopleExclusive: Maryum and Hana Ali share their stories of the family man behind the boxing gloves
Career Services

Day In a Page

Independent Travel
Bruges
Lake Como
Burgundy
South AFrica
Paris
Northern Corsica
Prices correct as of 21 November 2014
Homeless Veterans Christmas Appeal: ‘We give them hope. They come to us when no one else can help’

Christmas Appeal

Meet the charity giving homeless veterans hope – and who they turn to when no one else can help
Should doctors and patients learn to plan humane, happier endings rather than trying to prolong life?

Is it always right to try to prolong life?

Most of us would prefer to die in our own beds, with our families beside us. But, as a GP, Margaret McCartney sees too many end their days in a medicalised battle
Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night - is that what it takes for women to get to the top?

What does it take for women to get to the top?

Thomas Cook's outgoing boss Harriet Green got by on four hours sleep a night and told women they had to do more if they wanted to get on
Christmas jumper craze: Inside the UK factory behind this year's multicultural must-have

Knitting pretty: British Christmas Jumpers

Simmy Richman visits Jack Masters, the company behind this year's multicultural must-have
Radio 4 to broadcast 10-hour War and Peace on New Year's Day as Controller warns of cuts

Just what you need on a New Year hangover...

Radio 4 to broadcast 10-hour adaptation of War and Peace on first day of 2015
Cuba set to stage its first US musical in 50 years

Cuba to stage first US musical in 50 years

Claire Allfree finds out if the new production of Rent will hit the right note in Havana
Christmas 2014: 10 best educational toys

Learn and play: 10 best educational toys

Of course you want them to have fun, but even better if they can learn at the same time
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner