US President Barack Obama has praised a deal to prevent a "fiscal cliff" of spending cuts and taxation.
The FTSE 100 is approaching an 16-month high today as investors around the globe welcomed Barack Obama's US election victory.
Rob Fisher examines how decision making works in the real world.
The Federal Reserve has unleashed a third round of quantitative easing to support the US economy following a wave of poor data and a weakening labour market.
Erwan Pirou explains how schemes could profit from offering bank loans
Federal Reserve Chairman Ben Bernanke has indicated more quantitative easing measures will be pumped into the US economy when it is needed to avert long-term damage, but his lacklustre speech failed to impress those seeking a firmer commitment.
UK-listed banking giant Standard Chartered saw its shares fall more than 7% at one stage in Hong Kong this morning as it faces allegations of assisting in a $250bn money laundering scheme.
Maura Caporale and Jake Gaul compare financials on both sides of the Atlantic.
The trustee of the Nortel Networks UK Pension Plan is petitioning the US Supreme Court to gain access to the company's bankrupt US affiliates' cash.