US President Barack Obama will nominate Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank on Wednesday, according to a White House official.
Markets across Asia have fallen on news the US government may be headed for its first shutdown of services in almost 20 years.
Mike Morrison looks at how the US approach to retirement income limits differs from the UK.
US President Barack Obama has praised a deal to prevent a "fiscal cliff" of spending cuts and taxation.
Global markets rallied today after fiscal cliff talks between President Barack Obama and Congressional leaders stepped up a notch over the weekend.