News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Hamish McRae: Bernanke sprang a bonds surprise but it may be for the best in the end

Ecnomic View: Understandably there has been criticism of the timing and phraseology of the Bernanke speech

Footsie at a 5-month low amid new eurozone fear

The FTSE 100 index hit a 5-month low yesterday as it ended a fifth successive week of losses, while disruption in Greece signalled there could be more turmoil ahead.

Share scare FTSE 100 falls for fifth week in a row and recalls 2011 bloodbath

London’s leading shares were today set for a fifth successive week of losses — their worst performance since the eurozone crisis triggered a summer of turmoil in markets in 2011.

A dealer at the Korea Exchange Bank in Seoul, where the benchmark Korea Composite Stock Price Index (KOSPI) shed 37.82 points to 1,850.49

Markets plunge in fear of end to US money-printing

Global sell-off on Fed move wipes out the last of the gains made by London's benchmark FTSE 100 this year

QE hopes raised for Carney despite final defeat for Sir Mervyn

Outgoing Bank of England Governor Sir Mervyn King tasted defeat in his last bid to spur on the UK economy but successor Mark Carney may yet win support for a return to the printing presses, it emerged today.

Investment Insider: End in sight for printing money, so what now?

Bull market may drive cyclical businesses so far ignored in recession

The smart money's on a female for the Fed

The leading contender to take charge of America's purse-strings as head of the Federal Reserve would be the first woman in the job

Global gloom drags FTSE 100 down

A worldwide share plunge saw the FTSE 100 Index fall more than 100 points today as a run of pessimism on the markets pulled leading stocks further down from near-record heights seen just a few weeks ago.

Activity at a career fair in Rolling Meadows, Illinois

US labour market adds 175,000 jobs in May - but is still short of hoped-for levels

The unemployment rate rsoe from 7.5 to 7.6 per cent

Hamish McRae: Interest rates are on the way up at last … but don't hold your breath

Economic View: We will need all sorts of devices in the future to stop government borrowing crowding out everyone else

US government's spending cuts curb growth

The US economy did not expand as fast as initially thought in the first three months of the year, a new report showed yesterday, as Washington-mandated belt-tightening hit government spending.

FTSE falls sharply from record high as global panic causes share sell-off

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.

US could slow pace of bond buying as early as next month

Ben Bernanke struck a dovish tone yesterday as he told the US Congress that the Federal Reserve's extraordinary stimulus measures were "providing significant benefits" to the economy, although he said the central bank could "in the next few meetings" begin scaling back its programme of buying $85bn (£57bn) in bonds every month if labour market data showed signs of sustained improvement.

Satyajit Das: Alchemists at the courts of rulers foster illusion of perpetual growth

Midweek View: It is not clear how, if at all, printing money or financial games can create real ongoing growth and wealth
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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
Syria civil war: Meet the military commander who says his soldiers will not rest until every inch of their war torn country is free of Islamist 'terrorists'

‘We won’t stop until Syria is back to normal’

Near the front lines with Islamist-controlled towns where Assad’s troops were besieged just last month, Robert Fisk meets a commander confidently preparing his soldiers for battle
Fifa corruption: Strip Qatar of the World Cup? Not likely

Strip Qatar of the World Cup? Not likely

But if a real smoking gun is found, that might change things, says Tom Peck
Twenty two years later Jurassic Park series faces questions over accuracy of the fictional dinosaurs in it

Tyrannosaurus wrecked?

Twenty two years on, Jurassic Park faces questions over accuracy
The inside story of how Bill Clinton built a $2bn global foundation may undermine Hillary's chances

The inside story of how Bill Clinton built a $2bn global foundation...

... and how it may undermine Hillary's chances in 2016
Genes greatly influence when and how many babies a woman will have, study finds

Mother’s genes play key role in decision to start a family

Study's findings suggest that human fertility is still evolving
12 best olive oils

Extra-virgin, cold-press, early-harvest, ultra-premium: 12 best olive oils

Choosing an olive oil is a surprising minefield. Save yourself the hassle with our handy guide
Rafa Benitez Real Madrid unveiling: New manager full of emotion at Bernabeu homecoming

Benitez full of emotion at Bernabeu homecoming

There were tears in the former Liverpool manager’s eyes as he was unveiled as Real Madrid coach. But the Spaniard knows he must make tough decisions if he is to succeed
England can win the Ashes – and Elvis Presley will present the urn

England can win the Ashes – and Elvis will present the urn

In their last five Test, they have lost two and drawn two and defeated an India side last summer who thought that turning up was competing, says Stephen Brenkley
Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at long last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)