The US economy added just 113,00 new jobs in January, according to figures released on Friday, fuelling fears that the recovery in the jobs market appeared to have stalled.
An emerging crisis
When Ben Bernanke steps down as chairman of the Federal Reserve this week, having presided over his final committee meeting, the sniping might stop.
The International Monetary Fund is closely monitoring recent events in the world's emerging markets amid concerns that the withdrawal of monetary stimulus by the US will add to the turmoil caused by the sudden slump in Argentina.
Controversy over City pay is likely to be reignited this week when the major US banks – including JP Morgan and Goldman Sachs – release their results for 2013.
The recovery in the US jobs market came to a grinding halt in December as businesses added just 74,000 new jobs, the lowest rise since January 2011.
The US economy is losing up to a billion dollars a week because of the “fiscally irresponsible” decision to end long-term unemployment benefits, a Harvard economist said on Friday.
The decade and a half after the tearing down of the Berlin Wall was a golden age for central banks.
A rising population, a low-tax regime and insulation from the worst of the eurozone's problems leave Britain on course to overtake Germany as Europe's biggest economy within the next two decades, according to a study released on Thursday.
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.