US president Barack Obama is expected to voice his opposition to a British exit from the European Union during his visit to Britain beginning on Thursday night. Photograph: Michael Reynolds/EPA

US president Barack Obama lunches with Queen Elizabeth on Friday at Windsor Castle and meets prime minister David Cameron, but the focus on his visit (...)

5th Avenue in New York. The Obama administration – preoccupied with the aftermath of financial crisis and the struggle with bitterly hostile Republicans – has only recently been in a position to grapple with competition policy. Photograph: Chris Goodney/Bloomberg

When Verizon workers went on strike last week, they were mainly protesting efforts to outsource work to low-wage, non-union contractors. But they w(...)

Greatish expectations: Tom Hollander and Stefanie Martini in ‘Doctor Thorne’

If there’s one thing we know by now it’s that Julian Fellowes is a dab hand at writing period dramas. It’s not so long since the dustcovers were put o(...)

Convenient for criminals? €500 notes, aka ‘Bin Ladens’

Farewell, €500 note, we hardly knew ya. According to reports coming out of the European Central Bank this week, Mario Draghi and co have decided that (...)

‘Valuations aside, market history does not suggest rising rates need prove disastrous for stocks.’ photograph: getty

The US Federal Reserve decided last month to leave interest rates on hold while signalling it expects to raise rates sooner rather than later – 13 of (...)

Winners and losers: “The more often people look at their portfolios, the less willing they will be to take on risk, because if you look at it more often, you will experience more lossesm” says Richard Thaler. Photograph: Spencer Platt/Getty Images

In a world populated by Spock-like econs, all of us would conduct our financial affairs in a rational, self-interested manner. However, the world is p(...)

Janet Yellen, chair of the US Federal Reserve whose officials left interest rates unchanged last week. Photograph: Andrew Harrer/Bloomberg

Last week the Federal Reserve chose not to raise interest rates. It was the right decision. In fact, I’m among the economists wondering why we’re even(...)

The odds of a US Fed rate increase hit 54 per cent in early August before plunging to 24 per cent three weeks later, following the sudden upsurge in volatility. Photograph: Issei Kato/Reuters

Will Fed hike rates? One question will dominate financial markets this week: will the Federal Reserve hike interest rates on Thursday? The odds of a r(...)

Traders outside the New York Stock Exchange. Global markets plunged again on Monday. Photograph: Lucas Jackson/Reuters

A tumultuous fall in Chinese equities dubbed “Black Monday” by Xinhua, the official state news agency, triggered a ferocious sell-off in international(...)

‘Merkel, for her part, used Schäuble’s exit plan as a bargaining tool, certain that Tsipras would eventually cave in and get rid of Varoufakis.’ Above,  Wolfgang Schäuble, in Dublin last year. Photograph: Cyril Byrne / The Irish Times

Now the dust has temporarily settled over the ruins of Greece’s economy, it is worth asking if there wasn’t a brief moment when the actors had found a(...)