News Yellen will take over leadership of the Fed as it begins to reduce its $85 billion a month 'quantitative easing' programme

The US Senate on Monday confirmed Janet Yellen as the new chairman of the Federal Reserve by a vote of 56 to 26.

Head of the Fed: Janet Yellen is not just more of the same

To characterise Yellen as simply a safe pair of hands is to mistake the circumstances in which she takes up her post

US shutdown: Markets drift on IMF warning over global economy

Global stock markets drifted Wednesday as news the Federal Reserve's vice chair will be nominated to head the US central bank gave only a slight lift to investor sentiment darkened by an IMF warning on the global economy.

Inside Job (12A)

The Independent review: Dirty rotten scoundrels

China says many ways to resolve Google issue

China today sought to play down a threat by Google to quit the country on hacking and censorship concerns, saying any decision by the internet search giant would not affect US trade ties.

Nobel economist Samuelson dies, aged 94

Economist Paul Samuelson, who won a Nobel Prize for his effort to bring mathematical analysis into economics and helped shape tax policy for President Kennedy, has died at home aged 94.

Obama plans massive economic rescue package

President-elect Barack Obama and Congressional Democrats are laying the groundwork for quick enactment in January of a giant, two-year economic rescue package that will total about a half-trillion dollars.

Summers' 'sexism' costs him top Treasury job

If a scintilla of disappointment was detectable in Lawrence Summers today as President-elect Barack Obama presented him as the next chief of the National Economic Council, everyone knew why. His big mouth was the reason he didn’t get that other job that used to be his, Treasury Secretary.

Obama looks to fill Chief of Staff role

US President-elect Barack Obama has no time to waste and two wars and a deepening financial crisis have raised expectations that he will quickly announce picks for senior government jobs after winning the presidential election.

Obama seizes the moment by detailing his strategy for restoring confidence in markets

As the early voting in the US presidential election was getting under way, Barack Obama last night attempted to seize all possible advantage from the crisis on Wall Street announcing the approach he would take to restore confidence in staggering financial markets.

Obama set to unveil economic rescue plan

As the first early voting in the American presidential election was getting under way, Barack Obama today attempted to seize all possible advantage from the crisis on Wall Street announcing the approach he would take to restore confidence in staggering financial markets.

Travel news: Pill-free in India

Travel to the Indian subcontinent will become much easier if a recommendation from a network of infectious disease specialists is adopted. The group, called TropMedEurop, says holidaymakers should forget malaria tablets and concentrate on avoiding bites. A study concluded that the dangers from taking prophylactic drugs rated higher than the risk of disease.

Summers calls for radical IMF reform

LAWRENCE SUMMERS, the US Treasury Secretary, called yesterday for wide-ranging reforms of the International Monetary Fund.
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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
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine