Investors piled into shares, bonds and the pound today after the US Federal Reserve's shock decision not to slow the pace of its money-printing programme.
Economic View: I personally find it astounding that the West could have allowed such a build up of debt to occur
FTSE 100 up by more than 40 points, led by mining stocks as Fed head Ben Bernanke says he's committed to monetary stimulus
World stock markets fell sharply today after the US Federal Reserve said it could start scaling back its huge economic stimulus programme later this year and a survey showed a slowdown in manufacturing in China.
The FTSE 100’s surge towards all-time highs was brought to a spectacular halt today as panicking investors dumped shares in a global sell-off.
The country's housing market dictates when the wider economy will recover. Some experts say it has turned the corner, but has it?
Hopes of a fresh round of fiscal stimulus measures today helped London's battered shares index dodge its longest losing streak for eight years.
Papandreou calls for new rules in talks at Oval Office on his country's debt crisis
It's taken a while, but America is warming to Ron Paul and his radical brand of extreme libertarianism
When the masters of the universe came crashing down to earth last year, the reverberations were felt far beyond Wall Street and the City. Sean O'Grady surveys the best of the books that explode the myth that greed is good
One year ago, the assembled brains of the Fed and Wall Street sealed the fate of one of its oldest banks. In this gripping account of that weekend last September, Stephen Foley counts the cost of high finance's darkest hour
The US government is set to become the largest shareholder in its national banks, pumping in $250bn (£143bn) to prop up its financial system and marking one of the most startling moments in a credit crisis that has broughtquasi-nationalisation to the home of free-market capitalism.
George Bush today confirmed a $250 billion plan by the US government to buy shares directly in the nation's leading banks.
The Bush administration's plan for a $700bn bailout of financial markets was savaged by lawmakers on Capitol Hill, who demanded more time to consider the potential costs to the taxpayer and said they would insist on additional measures to punish Wall Street for excesses that have taken the economy to the edge of disaster.
Gordon Brown has called for a "global covenant" in collaborative action between Europe and America in a keynote speech in Boston. Using a lecture at the John F Kennedy presidential library, where he was introduced by Senator Ted Kennedy, the Prime Minister warned of the "terrifying risks" of failing to respond to the need for global co-operation.