US economy
The US is the world's biggest economy, and the dollar the global reserve currency. That means the actions of the US central bank, the Federal Reserve, which is tasked with maintaining growth and controlling inflation, affect us all.
Recent articles
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(30 October 09)
According to official figures, US GDP rebounded more than most people expected. The country is no longer in recession. But look a little closer, and numbers aren't quite as good as they first appear. David Stevenson explains why this 'recovery' is a false dawn.
(15 October 09)
The West's financial markets are hitting new highs for the year. But the real economy remains in poor health. So what's going on? John Stepek explains the disconnect between the financial and real worlds, and what that means for your money.
(09 October 09)
With the delinquency rate on commercial-mortgage backed securities rising sixfold in a year, there's a lot more pain to come for the banks.