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: Kingfisher falls back as B&Q worries build up

Kingfisher closed at its lowest price since December last night thanks to fears over the challenges facing its flagship B&Q chain.

Ex-Fed governor Warsh steps down

Kevin Warsh, the youngest person ever to serve as a governor of the Federal Reserve, is to leave the US central bank next month.

Stephen Foley: Fed chief Bernanke spells out home truths on financing the future

US Outlook Will someone please listen to Ben Bernanke? The Federal Reserve chairman becomes more shrill in his warnings about the US government debt crisis every time he speaks publicly.

US recovery could take years, warns Bernanke

Ben Bernanke, the chairman of the US Federal Reserve, said he would not consider the US economic recovery to be fully established until unemployment began to fall sharply, and that could still take several years.

Bernanke asks for time as jobs data disappoints

Ben Bernanke, chairman of the US Federal Reserve, yesterday warned there was no choice but to stick to his plan for a $600bn (£386bn) stimulus to the struggling economy, dubbed QE2.

Sarah Churchwell: 'Time' waits for no woman

Time magazine has named its 2010 "Person of the Year" – the individual judged by the editors to have most influenced the world over the past 12 months. Despite its readers having voted for Julian Assange by an overwhelming majority, Time's editors chose Facebook's Mark Zuckerberg, calling him "The Connector" – "for creating a new system of exchanging information; and for changing how we all live our lives".

Margareta Pagano: Happiness, Mr Cameron, is a new British Rail

Privatisation produced complication not competition. It let commuters down

Stephen Foley: An appointment with danger

US Outlook: Political science students are taught that there are two kinds of democracy, direct and representative, one the rule by referenda, the other by elected officials. Turns out the US is operating a third kind, something you might call appointive democracy.

Stephen King: Who needs who? America and China must avoid making past mistakes again

Western nations look at the recent success of the emerging world with a mixture of admiration, envy and anger

America's war of words with China hots up

There was no sign of peace breaking out in the world's "currency wars" yesterday when the chairman of the US Federal Reserve, Ben Bernanke, made a barely disguised attack on China.

Stephen Foley: Let's call a halt to this Fed-bashing. In the longer view its record is strong

US Outlook: Really thoughtwe had this one licked. Last year, when internet star, and one-time candidate for the Republican presidential nomination, Ron Paul wrote his book End The Fed, it seemed he might be moving his central-bank-bashing agenda closer to the mainstream of US politics. His attempt to bring the Federal Reserve under greater political control (a precursor, he hoped, to destroying it) fizzled out in the discussions on Wall Street reform. But no, we did not have this one licked.

Republicans take aim in battle to sink the Fed's QE2

Right-wingers on Capitol Hill want to end the US central bank's mandate to combat unemployment

Dominic Lawson: What the Germans can teach America

We have a clear sign that Europe's leading economy will side with China in accusing the US of deliberately debasing the dollar
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Katie Hopkins appearing on 'This Morning' after she purposefully put on 4 stone.
peopleKatie Hopkins breaks down in tears over weight gain challenge
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filmsDe Niro, DiCaprio and Pitt to star
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In this photo illustration a school student eats a hamburger as part of his lunch which was brought from a fast food shop near his school, on October 5, 2005 in London, England. The British government has announced plans to remove junk food from school lunches. From September 2006, food that is high in fat, sugar or salt will be banned from meals and removed from vending machines in schools across England. The move comes in response to a campaign by celebrity TV chef Jamie Oliver to improve school meals.
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England captain Wayne Rooney during training
FOOTBALLNew captain vows side will deliver against Norway for small crowd
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Red or dead: An actor portrays Hungarian countess Elizabeth Báthory, rumoured to have bathed in blood to keep youthful
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peopleJustin Bieber charged with assault and dangerous driving after crashing quad bike into a minivan
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
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Steve Field: ‘Most doctors don’t really know what bad practice can be like for patients’

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Younger blood can reverse many of the effects of ageing
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Bob Willoughby: The reel deal

He was the photographer who brought documentary photojournalism to Hollywood, changing the way film stars would be portrayed for ever
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Hollywood heavyweights produce world's most expensive corporate video - for Macau casino

Scorsese in the director's chair with De Niro, DiCaprio and Pitt to star
Angelina Jolie's wedding dress: made by Versace, designed by her children

Made by Versace, designed by her children

Angelina Jolie's wedding dressed revealed
Anyone for pulled chicken?

Pulling chicks

Pulled pork has gone from being a US barbecue secret to a regular on supermarket shelves. Now KFC is trying to tempt us with a chicken version
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9 best steam generator irons

To get through your ironing as swiftly as possible, invest in one of these efficient gadgets
England v Norway: Wayne Rooney admits England must ‘put on a show’ to regain faith

Rooney admits England must ‘put on a show’ to regain faith

New captain vows side will deliver for small Wembley crowd
‘We knew he was something special:’ Radamel Falcao's journey from teenage debutant to Manchester United's star signing

‘We knew he was something special’

Radamel Falcao's journey from teenage debutant to Manchester United's star signing
'I’ll tell you what I would not serve - lamb and potatoes': US ambassador hits out at stodgy British food served at diplomatic dinners

'I’ll tell you what I would not serve - lamb and potatoes'

US ambassador hits out at stodgy British food
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A 'revolution' in TV gender roles

Inside the Radio Times female powerlist
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James Frey's literary treasure hunt

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Fitbit: Because the tingle feels so good

What David Sedaris learnt about the world from his fitness tracker
Saudis risk new Muslim division with proposal to move Mohamed’s tomb

Saudis risk new Muslim division with proposal to move Mohamed’s tomb

Second-holiest site in Islam attracts millions of pilgrims each year
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The big names to look for this fashion week

This week, designers begin to show their spring 2015 collections in New York