President Obama met bank executives including Goldman Sachs chief Lloyd Blankfein on Wednesday as economists, business leaders and European officials warned that the US government shutdown threatens to plunge the economy into a "deep and dark recession".
US businesses added 166,000 new jobs in September, according to the giant payroll firm ADP, which warned that the job recovery was "softening".
Unilever's first profit warning in years is more a wake-up call for investors than a cause for strategic soul-searching in the boardroom.
Washington's increasingly heated battle over raising the US debt limit could all but wipe out the country's fragile recovery, economists warned on Friday.
The US economy grew at a sluggish 2.5% on an annual rate between April and June according to the latest official measure of the country's economic health.
Chrysler filed for an initial public offering on Monday, in a move that will put all three US car giants back on the stock markets after their brushes with disaster.
Wall Street investors are in jubilant mood. For the past four months they have been waiting for the day when the Federal Reserve would start to reduce the amount of stimulus it is pumping into the US economy.
The Federal Reserve began a two-day meeting Tuesday as speculation mounted that chairman Ben Bernanke is preparing to announce cut-backs on the US's $85bn-a-month economic stimulus programme.
Alistair Darling's phone rang.
Ben Bernanke may finally announce on Wednesday that he is about to start weaning the world off quantitative easing.
America's long-running fiscal cliff crisis was finally resolved on Tuesday night when Congress voted in favour of a White House compromise that will impose tax rises on the wealthiest and spare the working-class and middle-class.
President Barack Obama has demanded that Senate leaders strike a fiscal cliff deal by Sunday to avert the looming US economic crisis, or face a vote based solely on his own measures.
President Barack Obama has been accused by a senior Republican of being eager to take the US over the fiscal cliff for political gain, as Washington edges closer to a year-end deadline with no deal in sight.