News Jack Lew’s previous squiggle of a signature, above, and the new one, below

When US President Barack Obama nominated Jack Lew as the new Secretary of the US Treasury in January, the media had one overwhelming concern about the appointment: Lew’s illegible signature, which resembles the doodle of an absent-minded child, would now appear on every US banknote.

Governor of the Bank of England Sir Mervyn King says Barclays 'was in state of denial' about regulators' concerns

Sir Mervyn King said that Barclays’ board had been “deeply reluctant” to face up to concerns of the Financial Services Agency.

US bank bosses set for tough Libor questions

This week's earnings reports to put American managers in the dock

Leading article: Tensions that expose a gaping US-China divide

The most humane outcome would be for Beijing to give up Mr Chen quietly

France's Nicolas Sarkozy and Germany's Angela Merkel are trying to stand united

Merkel and Sarkozy close to agreement on major step towards fiscal unity for eurozone

So begin five days of meetings to try to salvage the continent's economies

Business Diary: Fixture clash is narrowly avoided

Full marks to David Cameron and Sir Mervyn King who avoided what might have been an embarrassing clash yesterday. The Prime Minister was originally set to make his latest statement on the riots at 10.30am, just as the Governor of the Bank of England was cutting his forecasts for economic growth. That might have looked as if the Government was trying to bury the bad news and the PM's office sensibly put his briefing back by half an hour.

Senate passes bill to prevent US default

The US avoided a feared and catastrophic default on the American debt, as lawmakers on today passed a measure that ties an agreement to raise the government's capacity to borrow to steep cuts in government spending.

Deadlock in talks to bring US economy back from the brink

The stakes are still rising in a game of political chicken that now threatens the immediate future of the global economy, as President Barack Obama continues attempts to negotiate a deal to raise the US government's debt limit.

Obama pledges tough choices on economy

President Barack Obama insisted yesterday he was prepared to make "tough choices" for a sweeping deficit-reduction deal to avert a US default, despite being warned by Democrats not to make too many concessions.

'No deal' on ending US debt impasse

President Barack Obama insisted he was prepared to make "tough choices" for a sweeping deficit-reduction deal to avert a US default, despite being warned by Democrats not to make too many concessions.

Geithner may quit Treasury this year for sake of family

Timothy Geithner, the US Treasury Secretary, may leave office later this year, it was reported yesterday.

Christine Lagarde set to become new IMF boss

French Finance Minister Christine Lagarde is poised to become the next leader of the scandal-rocked International Monetary Fund, with a major endorsement from the Obama administration.

David Prosser: And the solution to our economic woes is... there is no solution

Outlook: When more than half the economy depends on two drivers, it's difficult to see how there can be growth if those two drivers are weakening

Adrian Hamilton: This is no way to treat an accused man

International Studies

$14.294 trillion in the red, so US Treasury must stop borrowing

After months of hand-wringing, the US Government has reached its debt limit, forcing lawmakers to embark on a series of emergency measures to prevent public finances from going into immediate default.

Business Diary: Miller puts the past behind him

Alan Miller is a widely respected fund manager in the City, but is probably best known beyond the Square Mile for his exceptionally messy divorce from his wife Melissa – she got £5m in a judgment that he appealed all the way to the House of Lords before losing. It's good to see the episode hasn't put Miller off women. Interviewed in the latest issue of Spear's magazine, Miller reveals he has only two personal speed dial numbers on his phone: "The two most important women in my life – my [new] wife and my mum."

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee