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.

Market Report: Michael Page climbs as Adecco bid talk returns

The possibility of Michael Page becoming a takeover target again was in focus last night following rumours Adecco could be gearing up for another attempt at the recruiter.

Jackson Hole: bankers to decide the world's fate

At last year's conference Ben Bernanke dropped a bombshell. This year his options are fewer. Stephen Foley reports

Jittery European markets make small gains

Fears of a global recession and another woeful session for banking shares did not stop the London market from making nervous gains today.

Stephen King: Our economic woes show that there is nothing unique about Japan

Economic Outlook: Economic outcomes in the Western world have, to date, been far worse than in Japan in the early years of stagnation

Stephen Foley: Bernanke must rise above the jibes from Perry's Texas hold'em economics

Rick Perry’s comments about Ben Bernanke have been viewed as a gaffe and an unwise reminder of the rhetorical style of George W Bush

White House backs Fed's Bernanke

The White House has defended the independence of Ben Bernanke, the Federal Reserve's chairman, after the US presidental candidate Rick Perry declared that "printing more money to play politics at this particular time in American history is almost treacherous, or treasonous". The Texas Governor said: "If this guy prints more money between now and the election, I dunno what y'all would do to him Iowa, but we would treat him pretty ugly down in Texas."

Go for gold: yellow metal makes return

Forty years since President Nixon dumped the gold standard system, Stephen Foley considers the calls for its return

Bank could keep rates low until 2013

The Bank of England today gave a clear signal that the UK will mirror the United States in keeping interest rates at record lows until 2013.

Hopes for lower fuel costs as oil's rollercoaster ride continues

The oil price followed stock markets down and then up yesterday but is now $20 down on its peak during 2011

Modest recovery for world markets

Hopes of a fresh round of fiscal stimulus measures today helped London's battered shares index dodge its longest losing streak for eight years.

Stephen Foley: America has just abandoned the unemployed

US Outlook: The seven men and three women who sit down in Washington on Tuesday to debate US interest rate policy will almost certainly decide to do nothing. They may well say something, but action – desperately needed action – seems unlikely for the time being.

Hamish McRae: Defaulting on its interest payments might not be such a bad thing for the US

Economic Life: The US can 'grow' out of its indebtedness: Debt is being accrued there by 300 million people, but in another 40 years there will be 450 million to pay it off

Bernanke boosts US stocks after hint Fed is ready to aid economy

Ben Bernanke, the chairman of the Federal Reserve, helped the US stock market break a three day sell-off yesterday by raising the possibility of a further round of quantitative easing to support the economy.

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
10 best PS4 games

10 best PS4 games

Can’t wait for the new round of blockbusters due out this autumn? We played through last year’s offering
Transfer window: Ten things we learnt

Ten things we learnt from the transfer window

Record-breaking spending shows FFP restraint no longer applies
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent