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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Actors front row from left, Jared Leto, Jennifer Lawrence, Meryl Streep, Ellen DeGeneres, Bradley Cooper, Peter Nyongío Jr., and, second row, from left, Channing Tatum, Julia Roberts, Kevin Spacey, Brad Pitt, Lupita Nyongío and Angelina Jolie as they pose for a
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Day In a Page

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All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition