Barack Obama

The International Monetary Fund has trimmed its US GDP forecasts and warned the nation's economic recovery remains fragile.

US Republican presidential candidate Mitt Romney is the front-runner to challenge Barack Obama for the Presidency after securing the swing state of Ohio on Tuesday night.

Dawn Kendall, multi-manager at Architas, uses historical examples to pinpoint why the European monetary union is bound to fail in its present form.

US president Barack Obama said the wealthy and corporations should pay their "fair share" to cut the country's deficit.

US President Barack Obama last night said the US government is set to unveil a "more ambitious" deficit reduction plan after urging lawmakers to pass a wide-reaching jobs creation programme.

A long-term plan to provide more US citizens with health insurance may fall short of hitting its targets as it is still too expensive for a lot of people, according to reports.

As Barack Obama and S&P continue their public spat over the ratings agency's downgrading of America's Triple A credit rating, just how much importance should advisers place on a downgrade?

Update (1:07pm): The FTSE briefly joined the bear-market club on Tuesday before regaining most of the day's losses as global markets continue to experience extreme volatility.

Update (3pm): The Dow Jones dropped 35 points in early US trading on Wednesday after better-than-forcast employment figures had momentarily lifted investor sentiment.

Today's papers are jam-packed with analysis and comment on the US and European debt crises. Here's the best of it...