The Federal Reserve last night cut its growth forecast for the US and warned inflation is higher than expected, while hinting QE2 is on track to finish in June as planned.
A quartet of top asset allocators reveal their favourite US funds.
The FTSE 100 opened higher this morning after a sharp fall yesterday on news Japan had been hit by a second earthquake.
The FTSE 100 continued its rally this morning off the back of a strong showing in the US where better than expected earning pushed the S&P 500 through the 1,300 point barrier.
The trustee trying to recover billions for the victims of Bernard Madoff yesterday sued JPMorgan for $6.4bn, claiming it was 'wilfully blind' to the giant fraud.
Douglas Roberts, senior international economist at Standard Life Investments, examines what the future holds for the US economy.
In the latest Interactive Financial Adviser debate, our panelists from Legg Mason, Standard & Poor's and Threadneedle discussed US Small Caps.
Legg Mason's chairman Bill Miller has slammed investors for ignoring the advice of ‘Sage of Omaha' Warren Buffett.
There seem to be a lot of areas where the UK financial services industry is all too keen to hop over the Pond and see what our American cousins have been doing.
Federal Reserve chairman Ben Bernanke has defended a decision to introduce a second round of quantitative easing, arguing it will not lead to a spike in inflation.