News Prices for single-family homes rose in 81 percent in America

Prices for single-family homes rose in 81 percent of the nation's cities as the property market extends a recovery from the worst crash since the 1930s.

Stephen Foley: America on bailout red alert again

US Outlook The US is back on Bailout Red Alert, and this time round the federal government looks like it might have to pay to bail out – itself. No one should be surprised to learn that the Federal Housing Administration has found itself facing big losses, what with so many Americans failing to pay their mortgage. Republican politicians scent a scandal of Fannie Mae and Freddie Mac proportions, and are already making hay, but this is no time for the Obama administration to go defensive about its support for the US housing market.

US seeks power to wind up 'too big to fail' firms

Government determined to make failing institutions pay for their risk-taking

US budget deficit hits peacetime high: $1.4trn

The US government borrowed more than ever in peacetime last year – some $1.4 trillion, said the Congressional Budget Office yesterday. Proportionately, the deficit is one of the largest among the advanced nations – 9.9 per cent of GDP. Loss of tax revenues during the recession, the costs of supporting the jobless and the extraordinary scale of public support for the financial sector have all driven the deficit higher. However, the latest news on unemployment suggests a slightly brighter outlook.

Financier at centre of the US mortgage crisis found hanged

Executive ran multibillion-dollar lender under investigation for accounting fraud

Fannie Mae and Freddie Mac bosses made 'reckless bets'

The chief executives of Fannie Mae and Freddie Mac, the collapsed mortgage finance giants at the centre of the US housing market, repeatedly ignored warnings that they were putting their companies at risk with exotic mortgage investments, a congressional hearing has been told.

<a href="http://s-foley.livejournal.com/468.html">Stephen Foley : Fannie and Freddie are useful alive, but the shares are dead money</a>

The cameras had left and reporters had shut their notepads, but the most illuminating part of today's hearings into Fannie Mae and Freddie Mac happened after the main bout.

Steve Richards: A hard lesson for the Tories to learn

Cameron has struggled to come up with a clear line over this crisis

Dominic Lawson: Don't bank on the Government

Brown said that a bust could never happen under his bespoke system of regulation

Dominic Lawson: Democrat fingerprints are all over the financial crisis

The least well off are going to face the most stringent terms for mortgages

Dominic Lawson: The borrowers must take their share of the blame too

From: Minister of the Treasury Paulson

FBI probes AIG and Lehman as pressure mounts for legal action

Authorities ask whether executives knew about the dire state of firms' finances

<a href="http://blogs.independent.co.uk/the_campaign_trailers/2008/09/time-mccain-pla.html" target="_blank">US Campaign Trail: Time - McCain playing the race card</a>

Time magazine's Karen Tumulty has accused the McCain campaign of racism for launching this ad accusing Obama of close ties to discredited former Fannie Mae Chairman Franklin Raines.

BBA rejects call for Government to act as mortgage guarantor

The body representing Brit-ain's banks yesterday rejected calls for the Government to guarantee mortgages in an effort to kick-start the housing market.

Jeremy Warner's Outlook: There's a gallows humour about the City. Few expect to survive for long

Sutcliffe takes the bullet at Old Mutual; First too optimistic, now too pessimistic

Steve Richards: The rules have changed. But have our politicians noticed?

This bail-out has turned the world on its head. The next election will be the last fought on the primacy of markets
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Prices correct as of 17 October 2014
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?
Ed Sheeran hits back after being labelled too boring to headline festivals

'You need me, I don’t need you'

Ed Sheeran hits back after being labelled too boring to headline festivals
How to Get Away with Murder: Shonda Rhimes reinvents the legal drama

How to Get Away with Murder

Shonda Rhimes reinvents the legal drama
A cup of tea is every worker's right

Hard to swallow

Three hospitals in Leicester have banned their staff from drinking tea and coffee in public areas. Christopher Hirst explains why he thinks that a cuppa is every worker's right
Which animals are nearly extinct?

Which animals are nearly extinct?

Conservationists in Kenya are in mourning after the death of a white northern rhino, which has left the species with a single male. These are the other species on the brink
12 best children's shoes

Perfect for leaf-kicking: 12 best children's shoes

Find footwear perfect to keep kids' feet protected this autumn
Anderlecht vs Arsenal: Gunners' ray of light Aaron Ramsey shines again

Arsenal’s ray of light ready to shine again

Aaron Ramsey’s injury record has prompted a club investigation. For now, the midfielder is just happy to be fit to face Anderlecht in the Champions League
Comment: David Moyes' show of sensitivity thrown back in his face by former Manchester United manager Sir Alex Ferguson

Moyes’ show of sensitivity thrown back in his face... by Ferguson

Manchester United legend tramples on successor who resisted criticising his inheritance
Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Ranked seventh in world’s best tourist cities - not London, or Edinburgh, but Salisbury

Lonely Planet’s Best in Travel 2015

UK city beats Vienna, Paris and New York to be ranked seventh in world’s best tourist destinations - but it's not London