Central banks must show leadership to rejuvenate global economy
Central banks must show leadership to rejuvenate global economy

European Central Bank (ECB) headquarters in Frankfurt. Photograph: Boris Roessler/EPA The decade and a half after the tearing down of the Berlin Wall was a golden age for central banks. It was a time…

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18 Jan 2014

FTSE 100 and European indices record best annual rise since 2009
FTSE 100 and European indices record best annual rise since 2009

Traders at New York Stock Exchange ended the year on a high note as Wall Street recorded its best ­performance since 1997. Photograph Stephen Chernin/Getty Images Traders are toasting the strongest y…

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18 Jan 2014

10 hopeful things from 2013 that will get you inspired for what's to come
10 hopeful things from 2013 that will get you inspired for what's to come

New leaders, like the Philippines' Yeb Sano, emerged in the burgeoning climate change movement in 2013 Photograph: Kacper Pempel/Reuters There was something almost apocalyptic about 2013. Typhoon Hai…

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18 Jan 2014

German firms transplant European apprentice model to US
German firms transplant European apprentice model to US

Third-year apprentice Hope Johnson at the Siemens plant in Charlotte, North Carolina. Photograph: Nanine Hartzenbusch/The Washington Post As a high school junior in Charlotte, North Carolina, Hope Jo…

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18 Jan 2014

Where in the world to invest for a happy new year
Where in the world to invest for a happy new year

An investor views stock prices at the Shanghai Composite Index. Photograph: China Photos/Getty Images The start of the new year is a time to focus on making a few changes in your life. And for savvy …

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18 Jan 2014

US states await key drones decision – and the billions that could follow
US states await key drones decision – and the billions that could follow

Full military-grade autopilot allows the Raptr to be pre-programmed to fly to hundreds of points on a map within a range of 10 miles under its own control. Photo: Guardian…

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18 Jan 2014

US consumer spending rises at the fastest pace since June
US consumer spending rises at the fastest pace since June

US consumer confidence is rated high in new figures Photograph: Daniel Barry/EPA US consumer sentiment hit a five-month high heading into the end of the year and spending has notched up its strongest…

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18 Jan 2014

Expiration of unemployment benefits threatens US recovery, adviser warns
Expiration of unemployment benefits threatens US recovery, adviser warns

Democrats are planning a fresh push this week to highlight the issue, including a media conference call with Nancy Pelosi. Photograph: J Scott Applewhite/AP The expiration of benefits for 1.3 million…

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18 Jan 2014

American consumer spending and incomes increase in November
American consumer spending and incomes increase in November

Shoppers in Chicago browse through coats during Black Friday shopping at Macy's. Photograph: Andrew Nelles/AP Americans increased their spending in November by the most in five months, and their inco…

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18 Jan 2014

Ben Bernanke's tenure at the Fed wasn't net positive
Ben Bernanke's tenure at the Fed wasn't net positive

Outgoing Federal Reserve charmain Ben Bernanke before the United States Senate Committee on Banking, Housing, and Urban Affairs. Photograph: Ron Sachs/CNP/Corbis Federal Reserve Board Chairman Ben Be…

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18 Jan 2014

'Superman' Ben Bernanke prepares to fly out of US Federal Reserve

. Central bankers never look like superheroes. Has US federal reserveboss Ben Bernanke even tried on the blue tights,  …

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18 Jan 2014

Barack Obama rejects claims 2013 has been worst year of his presidency
Barack Obama rejects claims 2013 has been worst year of his presidency

Barack Obama conducts his final press conference of 2013 at the White House on Friday, assessing the successes and failures of the past year Barack Obama rejected suggestions that 2013 had been his w…

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18 Jan 2014

The Fed's route to the end of quantitative easing looks tricky
The Fed's route to the end of quantitative easing looks tricky

Janet Yellen is a step closer to taking over from Ben Bernanke as chair of the Federal Reserve. Photograph: Brendan Smialowski/AFP/Getty Images …

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18 Jan 2014

Senate set to clear Janet Yellen for Fed but confirmation will come in January
Senate set to clear Janet Yellen for Fed but confirmation will come in January

Federal Reserve vice-chair Janet Yellen is set to be promoted in January. Photograph: Jim Lo Scalzo/EPA The Senate is expected to wrap up its work for the year on Friday by moving to clear President …

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18 Jan 2014

I never thought I'd be an outlaw, but the Affordable Care Act might make me one
I never thought I'd be an outlaw, but the Affordable Care Act might make me one

'When I registered through New York State's healthcare marketplace, the cheapest plan wasn't affordable on my income.' Photograph: Karen Bleier/AFP/Getty Images I want to – believe me, I do. But I'm …

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18 Jan 2014

European markets rally on news of Federal Reserve move
European markets rally on news of Federal Reserve move

The outgoing Fed chairman Ben Bernanke announced a scaling back of the US's bond buying programme. Photograph: Zhang Jun/REX …

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18 Jan 2014

Pleased, frustrated or angry? The many faces of Ben Bernanke
Pleased, frustrated or angry? The many faces of Ben Bernanke

The rare Bernanke face of total concentration. Photograph: Charles Dharapak/AP Like a vexing magic eight ball, Ben Bernanke has for seven years delivered calm, cryptic economic missives to the world'…

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18 Jan 2014

To tackle economic inequality, we have to talk about our personal finances
To tackle economic inequality, we have to talk about our personal finances

'Talking about money is taboo, but it's necessary to understand inequality in our everyday lives.' Photograph: Jessica Rinaldi/Reuters …

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18 Jan 2014

Detroit bankruptcy: appeals court can immediately consider pension decision
Detroit bankruptcy: appeals court can immediately consider pension decision

A man walk past graffiti in Detroit, Michigan, December 3, 2013. Photograph: Joshua Lott /Reuters…

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18 Jan 2014

Why the Federal Reserve must taper quantitative easing before Christmas
Why the Federal Reserve must taper quantitative easing before Christmas

Just do it. That's the message for the Federal Reserve as it decides this week whether its Christmas present to the American people should be to start scaling back on the $85bn (£52bn) in newly minte…

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18 Jan 2014

Fed chief's exit may spell the end for US economic stimulus
Fed chief's exit may spell the end for US economic stimulus

Current Federal Reserve chairman Ben Bernanke, with Janet Yellen, his successor, who is likely to have to solve the QE conundrum. Photograph: Alex Wong/Getty Images …

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08 Jan 2014

US budget deal: Congress' epiphany that austerity right now is foolish
US budget deal: Congress' epiphany that austerity right now is foolish

Senate Budget Committee chairman Patty Murray (D-WA) (R) and House Budget Committee chairman Paul Ryan (R-WI) hold a news conference to introduce The Bipartisan Budget Act. Photograph: Jonathan Ernst…

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08 Jan 2014

US unemployment claims rise sharply but recent economic growth intact
US unemployment claims rise sharply but recent economic growth intact

Reports indicate the labour market is strengthening, with nonfarm payrolls increasing solidly in October and November. Photograph: Getty Images…

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08 Jan 2014

House Republicans set to vote for bipartisan budget bill
House Republicans set to vote for bipartisan budget bill

Paul Ryan and Patty Murray announce their budget deal. Photograph: J Scott Applewhite/AP…

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08 Jan 2014

The winners and losers of the Murray-Ryan budget deal
The winners and losers of the Murray-Ryan budget deal

Senator Patty Murray and Representative Paul Ryan depart after a news conference to introduce the Bipartisan Budget Act. Photograph: Jonathan Ernst/Reuters…

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08 Jan 2014

Fragile US budget deal under fire from both Republicans and Democrats
Fragile US budget deal under fire from both Republicans and Democrats

'They're using our members and they are using the American people for their own goals,' Boehner said of groups attacking the deal. Photo: J Scott Applewhite /AP…

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08 Jan 2014

Everything you need to know about the Volcker Rule
Everything you need to know about the Volcker Rule

Federal Reserve Board chairman Ben Bernanke and Janet Yellen, vice-chair at a meeting to discuss the Volcker Rule. Photograph: Alex Wong/Getty Images…

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08 Jan 2014

US congressional leaders unveil two-year budget deal
US congressional leaders unveil two-year budget deal

Senator Patty Murray and Representative Paul Ryan hold a news conference to introduce The Bipartisan Budget Act of 2013. Photograph: Jonathan Ernst /Reuters…

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08 Jan 2014

Congress should stop the Scrooge routine and extend jobless benefits
Congress should stop the Scrooge routine and extend jobless benefits

Act Jim Carrey as Ebenezer Scrooge. Photograph: Disney …

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08 Jan 2014

Wall Street facing tighter scrutiny as regulators move on Volcker rule
Wall Street facing tighter scrutiny as regulators move on Volcker rule

The rule is named after the former Federal Reserve chairman Paul Volcker. Photograph: Jim Young /Reuters…

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08 Jan 2014

America's reputation for sound economic policymaking takes a beating
America's reputation for sound economic policymaking takes a beating

US economic growth outstriped that of Europe in 2013 and the budget deficit shrank. But America the could have – and should have – done better. Photograph: Mark Lennihan/AP …

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08 Jan 2014

Let's get this straight: AIG execs got bailout bonuses, but pensioners get cuts
Let's get this straight: AIG execs got bailout bonuses, but pensioners get cuts

City of Detroit pensioner Donald Smith sits across the street from the Federal Court House, to protest cuts in city workers' pensions. Photograph: Rebecca Cook/Reuters …

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08 Jan 2014

Millennials may be disgusted with Washington, but we're not all apathetic
Millennials may be disgusted with Washington, but we're not all apathetic

Youth participation has been critical in American political actions from climate change to Occupy. Photograph: James Fassinger …

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08 Jan 2014

David Simon: 'There are now two Americas. My country is a horror show'
David Simon: 'There are now two Americas. My country is a horror show'

David Simon, creator of The Wire, near his office in Baltimore. Photograph: Stephen Voss/Redux / eyevine …

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08 Jan 2014

Barack Obama urges Congress to extend benefits for long-term jobless
Barack Obama urges Congress to extend benefits for long-term jobless

President Barack Obama speaks during the National Christmas Tree Lighting ceremony near the White House on Friday. Photograph: Nicholas Kamm/AFP/Getty …

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08 Jan 2014

Breakthrough in landmark trade talks – as it happened
Breakthrough in landmark trade talks – as it happened

Women perform a traditional dance during a protest against the World Trade Organisation (WTO) in Nusa Dua, Bali. Trade negotiators meeting on the island say they are on the brink of a deal. Sonny Tum…

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08 Jan 2014

US unemployment falls to lowest level for five years as 203,000 jobs added
US unemployment falls to lowest level for five years as 203,000 jobs added

A job fair for veterans at the VFW Post 2681, Marietta, Georgia. Unemployment for African Americans remains at 12.5%. Photograph: David Goldman/AP…

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08 Jan 2014

US fast-food workers strike over low wages in nationwide protests
US fast-food workers strike over low wages in nationwide protests

MoveOn members are protesting at McDonald's locations in Seattle, San Francisco, New York, Los Angeles and Chicago. Photograph: Eduardo Munoz /Reuters…

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08 Jan 2014

Hollywood has blockbuster impact on US economy that tourism fails to match
Hollywood has blockbuster impact on US economy that tourism fails to match

Famously vacuous, surprisingly valuable. Photograph: Fred Prouser/Reuters…

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08 Jan 2014

US economy grew 3.6% in third quarter at fastest rate since 2012
US economy grew 3.6% in third quarter at fastest rate since 2012

A trader works on the floor of the New York Stock Exchange on Wednesday. Photograph: Andrew Burton/Getty Images…

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08 Jan 2014

Obama throws support to minimum wage movement in economy speech
Obama throws support to minimum wage movement in economy speech

President Barack Obama speaks about the economy and growing economic inequality in Washington. Photograph: Evan Vucci/AP…

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08 Jan 2014

ADP numbers show US job market growth despite government shutdown
ADP numbers show US job market growth despite government shutdown

ADP’s report suggests that the government shutdown and argument over raising the debt ceiling had little impact on hiring. Photograph: Getty Images The US job market remained “surprisingly resilient”…

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08 Jan 2014

Tax breaks for CEOs pay for million-dollar salaries
Tax breaks for CEOs pay for million-dollar salaries

While minimum-wage workers are living from paycheck to paycheck, executives are raking in millions of dollars' worth of compensation. Photograph: Martin Godwin…

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08 Jan 2014

Gridlocked Congress on track for least productive year in history
Gridlocked Congress on track for least productive year in history

'The House continues to do its job; it's time for the Senate to get serious about its,' Boehner said. Photo: J Scott Applewhite /AP…

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08 Jan 2014

Detroit granted bankruptcy protection after judge rules in city's favour
Detroit granted bankruptcy protection after judge rules in city's favour

Unions said Kevyn Orr had not taken enough time to negotiate with creditors before filing for bankruptcy. Photograph: James Fassinger/theguardian.com…

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08 Jan 2014

Detroit bankruptcy: historic ruling looms over struggling city
Detroit bankruptcy: historic ruling looms over struggling city

Protesters demonstrate against cuts in Detroit city workers' pensions and healthcare during Detroit's bankruptcy eligibility trial in Detroit. Photograph: Rebecca Cook /Reuters…

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08 Jan 2014

Thanksgiving sales numbers down as US waits for new economic forecast
Thanksgiving sales numbers down as US waits for new economic forecast

Shoppers at a J Crew factory store north of Atlanta on Black Friday. Photograph: Robin Nelson/Zuma Press/Corbis…

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08 Jan 2014

Bank of America to pay $404m to Freddie Mac to settle home loan claims
Bank of America to pay $404m to Freddie Mac to settle home loan claims

Earlier this year, Bank of America agreed to pay $3.6bn in cash to Freddie's sibling company, Fannie Mae. Photograph: Brendan Smialowski /AFP /Getty Images…

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08 Jan 2014

Housing bubble 2.0 can only end badly
Housing bubble 2.0 can only end badly

A foreclosed home in Las Vegas, 2008. Is the housing boom and bust about to repeat? Photograph: Ethan Miller/Getty  Images …

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08 Jan 2014

Gold price plunges as confident investors pile out of safe havens
Gold price plunges as confident investors pile out of safe havens

Pawnbroker Albemarle & Bond has been melting down gold jewellery to pay its debts. Photograph: Alamy …

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08 Jan 2014

Black Friday events and protests – live
Black Friday events and protests – live

Instead of waiting for Black Friday, which is typically the year's biggest shopping day, more than a dozen major retailers opened on Thanksgiving day this year. Photograph: Jeff Chiu/AP…

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08 Jan 2014
 
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