A shopper is seen through large lantern decorations at a shopping mall in Beijing. Capital growth is falling after a huge investment boom in the 2000s, particularly in China. Photograph: Kim Kyung-Hoon/Reuters

It seems at first a puzzling scenario, and you might wonder whether it is possible at all: output can be at potential but still not be sustainable.(...)

 Ben Bernanke had the courage to defy all those tycoons demanding that they stop printing money. Photograph: Reuters/Jim Young

The Bank of Japan, the country’s equivalent of the Federal Reserve, has lately been making a big effort to end deflation, which has afflicted Japan’s (...)

Timothy Geithner, president and managing director of Warburg Pincus LLC and former US Treasury secretary, walks to the US Court of Federal Claims in Washington yesterday. Photograph: Andrew Harrer/Bloomberg

The failure of American insurance giant AIG in September 2008 would have been “even more damaging” than the failure of Wall Street bank Lehman Brother(...)

On the eve of the Great Recession, many conservative pundits and commentators had a world view that combined faith in free markets with disdain for government. Photograph: Spencer Platt/Getty Images

On Sunday the New York Times published an article by the political scientist Brendan Nyhan about a troubling aspect of the current American scene – th(...)

James “Jamie” Dimon, chief executive officer of JPMorgan Chase & Co, whose eight years atop the US bank have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising new questions about succession plans. Photograph: Jason Alden/Bloomberg

Jamie Dimon, whose eight years atop JPMorgan Chase and Co. have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for th(...)

Ben Bernanke: described European response as “striking”. Photograph: Gary Cameron/Reuters

The US Federal Reserve worried about “erratic” and “uncoordinated” European approaches to the financial crisis in the wake of the collapse of Lehma(...)

“Money doesn’t talk; it swears”:   New records throw fresh light on a debate over whether to loosen monetary policy in the face of a crisis that was fast engulfing financial markets in 2008. Photograph: Daniel Acker/Bloomberg

Federal Reserve policymakers, in a tense meeting on one of the darkest days of the 2008 financial crisis, were worried the failure of Lehman Br(...)

Planet Business

Image of the week: White House Musk Representing the entrepreneuri(...)

Chairwoman of the US Federal Reserve Janet Yellen: “The recovery in the labour market is far from complete.” Photograph: Bloomberg

Janet Yellen has turned a cold shoulder to the pleas of emerging markets by signalling that only a domestic slowdown will influence US monetary(...)

BMW rose 3 per cent to €84.45 after New York-based Goldman Sachs bank recommended buying the stock.  Photograph: Andrew Harrer/Bloomberg

PAMELA NEWENHAM Global equity markets rose yesterday after new Federal Reserve chair Janet Yellen said she expects the US central bank to(...)