Bob Dudley says high oil prices threaten economic recovery

Mr Dudley said that US consumers were on track to spend $200bn more on oil in 2011 than they had done last year, due to the higher crude prices. Photo: AP By Emily [...]

Mr Dudley said that US consumers were on track to spend $200bn more on oil in 2011 than they had done last year, due to the higher crude prices. Photo: AP By Emily [...]
AP - President Barack Obama pressured Republicans in Congress on Monday to extend a payroll tax cut, saying the economic recovery is “still fragile” and middle class families need the money.[Read more...]

Most U.S. companies, even in the interconnected world of finance, aren’t nearly as vulnerable to Europe’s woes as MF Global Holdings Ltd., which filed for bankruptcy protection after its big bets on European government bonds spooked investors. But even a mild recession in Europe would be felt both on American corporate balance sheets and [...]

Ros Altmann: ‘Inflation can have a huge impact on the purchasing power of your retirement income’ Photo: DANIEL JONES By Rosie Murray-West 1:56PM BST 18 Oct 2011 Comments [...]

Reuters - Asian stocks held steady on Wednesday ahead of the conclusion of a two-day U.S. Federal Reserve policy meeting in which Chairman Ben Bernanke is widely expected to announce further steps to stimulate a flagging economic recovery.[Read more...]

Reuters - Stocks rebounded after a wobbly start on Tuesday on cautious optimism that the U.S. Federal Reserve’s policy panel would add more monetary stimulus to a flagging economic recovery,[Read more...]

Reuters - Stocks rose in choppy trading on Tuesday as investors hoped the Federal Reserve’s policy panel would add more monetary stimulus to kick-start economic recovery.[Read more...]

Reuters - Stocks fell in volatile trading on Monday on concerns the euro zone’s sovereign debt crisis could undermine a global economic recovery, but a U.S. tech deal limited losses on the Nasdaq composite index.[Read more...]

Reuters - Stocks fell more than 1 percent on Thursday on investor disappointment that Federal Reserve Chairman Ben Bernanke gave no new details of steps policy makers might take to mend the economic recovery.[Read more...]

Alistair Darling (right) says the ‘dark days’ were a defining moment in his relationship with Gordon Brown Photo: PA 11:30AM BST 04 Sep 2011 In his forthcoming book, Mr Darling says that in 2008 [...]
Israel envoys ‘target of attacks’
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Czech statesman Vaclav Havel dies
Elated, last US troops leave Iraq, ending war
(AP)
Last US troops elated to leave Iraq as war ends
(AP)
Final U.S. Troops Leave Iraq
Last US troops leave Iraq as war ends
(AP)
Last US troops withdraw from Iraq
Philippines steps up flood rescue
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(AP)
Cairo Protesters, Police Clash; 9 Dead
Police Clash With Cairo Protesters; 9 Dead
Clashes in Cairo Leave 8 Dead
Senate OKs $1T budget bill, payroll tax cut
(AP)
Senate OKs short-term extension of payroll tax cut
(AP)