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Business

Mission impossible: US default averted

The US Congress has pulled the world’s biggest economy back from the brink of an historic debt default which could have triggered a global economic

The US Congress has pulled the world’s biggest economy back from the brink of an historic debt default which could have triggered a global economic

News

US back in business but politicians remain divided

Despite an eleventh hour deal that saved the US from a debt default and sent federal staff back to work, Washington is not out of the woods yet after

Despite an eleventh hour deal that saved the US from a debt default and sent federal staff back to work, Washington is not out of the woods yet after

Business

US President Obama criticises political differences

US President Barack Obama has hit out at the political turmoil that dragged his country to the brink of defaulting on its debt. He told a press

US President Barack Obama has hit out at the political turmoil that dragged his country to the brink of defaulting on its debt. He told a press

Business

European shares down, Wall Street and Tokyo up on US debt deal

European markets fell slightly on Thursday – a stark contrast to Wall Street on Wednesday, where share indexes closed higher on news of the US debt

European markets fell slightly on Thursday – a stark contrast to Wall Street on Wednesday, where share indexes closed higher on news of the US debt

News

US Republicans in crunch talks over revised budget bill

As the world waits for signs that the US political deadlock will end, a weary US House of Representatives Speaker John Boehner held another press

As the world waits for signs that the US political deadlock will end, a weary US House of Representatives Speaker John Boehner held another press

News

US House Speaker says no decision yet on shutdown

The US House Speaker John Boehner stated on Tuesday that the US Senate is still debating plans on House of Representatives legislation to reopen the

The US House Speaker John Boehner stated on Tuesday that the US Senate is still debating plans on House of Representatives legislation to reopen the

Business

Debt and disaster worries overshadow US shutdown

Political wrangling has already hurt the US economy, with growth reduced by the failure to agree a budget earlier this year. That led to

Political wrangling has already hurt the US economy, with growth reduced by the failure to agree a budget earlier this year. That led to

News

Obama under pressure to avoid "fiscal cliff"

After the highs of victory, and a triumphant return to the White House,today it’s back to business for Barack Obama. And first on his to-do list

After the highs of victory, and a triumphant return to the White House,today it’s back to business for Barack Obama. And first on his to-do list

News

Obama adds weight to growth calls

Those in Europe wanting an end to austerity got a significant boost on Friday when US President Barack Obama backed growth. Obama, in an election

Those in Europe wanting an end to austerity got a significant boost on Friday when US President Barack Obama backed growth. Obama, in an election