Barack Obama has announced that the US Congress has reached an agreement to raise the limit on U.S. borrowing and forestall an unprecedented American default... more
President Obama will tonight focus on creating jobs, reducing the federal debt and narrowing the political divide to make progress on the economy... more
Sarah Palin and other senior Republicans were face a battle over who should lead the fight against President Obama at the US presidential election in 2012... more
President Obama makes a last-ditch appeal to voters to stand by him and the Democratic party as they face their worst mid-term election results in more than 50 years
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Stocks in Australia’s mining giants rise as government plans for a tax on their profits are thrown into doubt after the country’s election brings a hung parliament... more
Barack Obama wins his battle to overhaul Wall Street as the Senate approves the most sweeping reform of bank and capital market regulation in decades... more
Barack Obama secured his first major victory as politicians from the House of Representatives and the Senate reached an agreement on a $789billion economic stimulus package... more
The Prime Minister did not mention yesterday's dire IMF prediction for the UK economy when he announced new economic rescue measures today, but its forecast of a 2.8 per cent shrinkage in the economy this year - the deepest recession for any major economy - was the inescapable backdrop... more
Barack Obama scored the first major victory of his presidency as the US House of Representatives approved his $819billion (£578billion) stimulus package... more
Engineering: The US House of Representatives has approved bailout plans for General Motors and Chrysler that include tough conditions on restructuring in return for taxpayer help... more
The addition of tax breaks for niche industries to the $700 billion US bank bail-out has raised hopes the rescue deal could be passed by Congress... more
George Soros has denounced America's $700 billion bank bail out as "ill-conceived" despite relief across the world after US senators voted in favour of the deal... more
US senators will vote on a revised bank bail-out scheme in the first stage of a new drive by the country's leaders to tackle the financial crisis which has rocked the American and world economies... more
Gordon Brown would probably feel quite comfortable at Emni, the Granita of curry houses on Islington's Upper Street, but John Prescott should steer well clear.... more
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Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
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