Barack Obama

As the budget deficit crisis talks in the US remain in deadlock, a number of US financial institutions including BlackRock, Legg Mason and Allianz Global have written an open letter to Barack Obama and Members of Congress urging them to reduce the deficit...

A vote on a Republican bill to raise the US's debt ceiling and prevent it from defaulting for the first time has been delayed.

Britain has lost its status as the investment capital of Europe with flows of capital into and out of the country plunging since the crash of 2007, it was revealed.

The dollar touched a three week low against the euro as investors were kept waiting for signs of progress in US lawmakers' attempt to raise the debt ceiling.

More public sector pensions uproar, UK recovery fears and still no deal on the US debt ceiling. Our round-up of the news from the nationals.

Business secretary Vince Cable has hit out at what he described as "a few right-wing nutters" holding up a deal to cut US government debt.

The Bank of England made £9.8bn last year on its £200bn "money printing" programme of quantitative easing to prop up the battered UK economy.

Senior European Union (EU) officials are set to meet later on Monday to discuss the eurozone's continuing debt woes.

Financial advisers, fund managers and investors could be hit with huge costs after the US Senate passed laws forcing millions of people in funds holding US assets to make a declaration to the American tax authorities.

The US treasury is battling to slash spending after the country's national debt soared to $14trn, reaching a self-imposed limit set by Congress last century.