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Test for US healthcare proposal
The administration of Barack Obama, US president, faces the next big test of its push for healthcare reform this evening when the Senate meets to decide whether to proceed to a debate on its $848bn draft legislation
Schäuble warns on asset price bubbles
Germany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollar
Long View: Fears of US double-dip recession
Government props are still essential, not least in the housing markets. Sustaining these is not easy, writes Aline van Duyn
Foreign policy tests Obama-Clinton bond
A bond between president and the secretary of state helps when it comes to executing foreign policy. While Mrs Clinton’s relationship with Mr Obama is cordial, one would be hard-pressed to call them buddies
House vote puts focus on tougher Fed scrutiny
Ron Paul, the Texan Republican congressman, edges closer to realising a decades-long ambition to impose tougher congressional scrutiny on the Federal Reserve
Closing credits roll for Oprah
A tearful Oprah Winfrey said she had decided ‘after much prayer and months of careful thought’ that the Oprah Winfrey Show would finish in 2011
Informant says Galleon tips came from Asia
The scope and complexity of the alleged insider trading ring involving Galleon are thrown into relief after it emerges that one informant was given trading tips by a source in Asia
Congress eyes bank tax to tackle unemployment
US lawmakers working on ways to pay for legislation to reduce unemployment are considering taxes on banks as a way to raise revenue – and exploit public anger ahead of elections next year.
Analysis: A wary willingness
China and America: While Barack Obama may have won Beijing’s agreement to collaborate on world problems, his hosts are reluctant to take on the costs of leadership
Record numbers late on US loans
More than one in seven borrowers were behind on their mortgage payments or facing foreclosure at the end of the third quarter as rising unemployment continued to fan the flames of the housing crisis
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