The Federal Reserve last night cut its growth forecast for the US and warned inflation is higher than expected, while hinting QE2 is on track to finish in June as planned.

Fidelity is proposing to merge James Griffin's £151m Growth & Income fund into his £484m MoneyBuilder Growth fund.

Fidelity is proposing to merge James Griffin's £151m Growth & Income fund into his £484m MoneyBuilder Growth fund.

Barclays reported pretax profits fell 9% to £1.66bn in Q1 2011, down from £1.82bn in Q1 2010.

Standard & Poor's has cut Japan's sovereign rating outlook to 'negative' following the devastation caused by last month's earthquake and tsunami.

Greek bond yields rose sharply again today as the country's fiscal situation was revealed to be more precarious than feared.

Shareholders in the SPL Private Finance fund - one of the cell funds in the former Arch Cru range - have agreed a deal returning them 42p per share.

Anthony Nutt has almost halved the number of holdings in his £2.5bn Jupiter Income trust since 2007.

Warren Buffett, Bill Gross and UK fund stars including Jim Leaviss have seen their warnings on US treasuries proved right as S&P downgraded its outlook for US credit.

Fidelity's Anthony Bolton has warned China's property sector faces major headwinds in the second half of 2011.