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.

Darling calls for tougher global regulation

The Government set out part of the agenda for April's global economic summit of the G20 nations yesterday, stressing the need for "tougher global financial regulation".

Hit & Run: Northern star

What sort of icon does Cheryl want to be? Her fame has, after all, reached the point at which her first name will suffice. Her mentor, Simon Cowell, has apparently offered her £1.5m – a 100 per cent pay rise – to return to the next series of The X Factor; she is supposedly the subject of a recent shoot for Vogue, and now the artist Lee Jones has immortalised her in his painting "Angel".

Leading article: The world must hope that America gets it right

We are all dependent on a recovery in the world's biggest economy

The first glimpse of Obamanomics

As the President-elect's new team gets to grips with the financial crisis, US economic policy looks set to be guided by pragmatism rather than political philosophy

Obama picks 'best US minds' to save economy

Enemy of defeated Democrat candidate is chosen to fill crucial position of commerce secretary

Market Report: Woolworths spirals lower on 0p target price

Bearish broker comments depressed Woolworths, the troubled retail group, which missed out on yesterday's market rally. The stock fell to 1.34p, down 6.29 per cent or 0.09p, after Panmure Gordon set a 0p target price, arguing that "given deteriorating high-street conditions and Woolworths' obvious distress, there is now little or no chance of the equity retaining any value".

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 chooses Christina Romer as chief economic adviser

President-elect Barack Obama has chosen Christina Romer, a professor at the University of California, Berkeley, as the head of the White House Council of Economic Advisers.

US government reveals Citigroup rescue deal

The US government unveiled a bold plan to rescue troubled Citigroup, including taking a $20 billion stake in the firm as well as guaranteeing hundreds of billions of dollars in risky assets.

US keen to restore confidence in Citigroup

Government officials in the US worked through the weekend on plans to shore up confidence in the future of Citigroup, the financial giant whose shares cratered last week.

Economic battle plan set out

Barack Obama will formally unveil his economic team in Chicago today, as he sets to work on fleshing out ambitious proposals to lift the US out of its rapidly-escalating financial crisis. Timothy Geithner has been tapped as Treasury Secretary, while Larry Summers, a treasury secretary under president Bill Clinton, will head the National Economic Council.

Hillary plays hardball

The first sign of friction in the Obama camp as Mrs Clinton demands - and gets - a purge of her critics before accepting Secretary of State role

Obama's green start

Hope of early action on climate change as US president-elect prepares two bills to cut pollution and kick-start a clean energy revolution

Rupert Cornwell: Coolly, calmly, Obama is putting together a remarkable team

Out of America: Even senior Republicans admit that – on paper, at least – the president-elect is assembling a very impressive administration

Citigroup launches ‘Don’t panic’ ad blitz as shares dive

Citigroup, the embattled financial giant, is taking out advertisements in major US newspapers today in an attempt to shore up customer confidence after a downward spiral in its share price raised doubts about its future.

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formula oneLive lap-by-lap coverage of championship decider
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Lily Allen performs on stage at Splendour In the Grass 2014 on 27 July, 2014, in Byron Bay, Australia
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Boxing promoter Kellie Maloney, formerly known as Frank Maloney, entered the 2014 Celebrity Big Brother house
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tvStrictly presenter returns to screens after Halloween accident
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Jerry Hall (Hand out press photograph provided by jackstanley@theambassadors.com)
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peopleFormer civil rights activist who was jailed for smoking crack cocaine has died aged 78
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Manny Pacquiao lands a blow on Chris Algieri
Pacquiao retains WBO welterweight title – and says he wants Mayweather next
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booksFirst video bloggers conquered YouTube. Now they want us to buy their books
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Mau Mau uprising: Kenyans still waiting for justice join class action over Britain's role in the emergency

Kenyans still waiting for justice over Mau Mau uprising

Thousands join class action over Britain's role in the emergency
Isis in Iraq: The trauma of the last six months has overwhelmed the remaining Christians in the country

The last Christians in Iraq

After 2,000 years, a community will try anything – including pretending to convert to Islam – to avoid losing everything, says Patrick Cockburn
Black Friday: Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Britain braced for Black Friday
Bill Cosby's persona goes from America's dad to date-rape drugs

From America's dad to date-rape drugs

Stories of Bill Cosby's alleged sexual assaults may have circulated widely in Hollywood, but they came as a shock to fans, says Rupert Cornwell
Clare Balding: 'Women's sport is kicking off at last'

Clare Balding: 'Women's sport is kicking off at last'

As fans flock to see England women's Wembley debut against Germany, the TV presenter on an exciting 'sea change'
Oh come, all ye multi-faithful: The Christmas jumper is in fashion, but should you wear your religion on your sleeve?

Oh come, all ye multi-faithful

The Christmas jumper is in fashion, but should you wear your religion on your sleeve?
Dr Charles Heatley: The GP off to do battle in the war against Ebola

The GP off to do battle in the war against Ebola

Dr Charles Heatley on joining the NHS volunteers' team bound for Sierra Leone
Flogging vlogging: First video bloggers conquered YouTube. Now they want us to buy their books

Flogging vlogging

First video bloggers conquered YouTube. Now they want us to buy their books
Saturday Night Live vs The Daily Show: US channels wage comedy star wars

Saturday Night Live vs The Daily Show

US channels wage comedy star wars
When is a wine made in Piedmont not a Piemonte wine? When EU rules make Italian vineyards invisible

When is a wine made in Piedmont not a Piemonte wine?

When EU rules make Italian vineyards invisible
Look what's mushrooming now! Meat-free recipes and food scandals help one growing sector

Look what's mushrooming now!

Meat-free recipes and food scandals help one growing sector
Neil Findlay is more a pink shrimp than a red firebrand

More a pink shrimp than a red firebrand

The vilification of the potential Scottish Labour leader Neil Findlay shows how one-note politics is today, says DJ Taylor
Bill Granger recipes: Tenderstem broccoli omelette; Fried eggs with Mexican-style tomato and chilli sauce; Pan-fried cavolo nero with soft-boiled egg

Oeuf quake

Bill Granger's cracking egg recipes
Terry Venables: Wayne Rooney is roaring again and the world knows that England are back

Terry Venables column

Wayne Rooney is roaring again and the world knows that England are back
Michael Calvin: Abject leadership is allowing football’s age-old sores to fester

Abject leadership is allowing football’s age-old sores to fester

Those at the top are allowing the same issues to go unchallenged, says Michael Calvin