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.

AIG boss faces music over $165m in bonuses

Payments are distasteful but necessary, chairman tells congress committee

Obama feels backlash on 'Main Street' over bailout

Scramble to aid small businesses that employ 70 per cent of workers

Bernanke sees US recovery from 2010

The Federal Reserve Chairman Ben Bernanke suggested in a taped interview yesterday that the US recession could last most of the year and said the biggest risk was that the political will needed to fix the fractured financial system could be lacking.

Larry Summers: Can he make the sums add up?

They don't come much cleverer than Barack Obama's main economic adviser. Now the world waits to see if his ideas are smart enough to save us

China 'worried' about US Treasury holdings

China's premier today expressed concern about its holdings of Treasuries and other US debt, appealing to Washington to safeguard their value, and said Beijing is ready to expand its stimulus if economic conditions worsen.

Pound fails to help exports as demand for UK goods collapses

Exports slump even more than imports to leave trade deficit yawning alarmingly

Cabinet chief: Obama team 'unreachable'

Last week, it was all smiles and handshakes as Gordon Brown and President Barack Obama put on a show of unity in Washington.

Leading article: The world is relying on Mr Obama's rescue plan

Our fates are bound up with the success of the US President's efforts

Bernanke predicts recession could end this year

Ben Bernanke, the chairman of the US Federal Reserve, held out the tentative hope yesterday that the severe recession in the United States might be brought to an end before the end of this year on condition that the correct steps are taken over the coming days and weeks to restore financial stability and to shore up teetering banks.

Margareta Pagano: Wall Street must wait for the Messiah to speak

Markets look for a miracle from Obama's government

Obama: one month in the White House

He has committed a few rookie errors and had to deal with a global recession that is only getting worse, but Barack Obama is yet to lose the gloss that won him the election. Rupert Cornwell reports

Europe's Black Friday seized on to defend British policies

As G7 finance ministers gather, damning report shows scale of Germany's economic woes

Obama forces Citigroup to cancel $50m executive jet order

Citigroup, the banking giant which is being propped up with funds from the US taxpayer, has scrapped plans to take delivery of a $50m corporate jet, after a public outcry and a reprimand from President Barack Obama.

America goes green

Obama makes good his promise to protect the planet by allowing states to set tough laws on car emissions and planning the appointment of a new climate change envoy
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Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam