Federal Reserve building  in Washington, DC, US. Photograph: Andrew Harrer/Bloomberg

The dollar fell and US stocks climbed on Thursday night after the Federal Reserve indicated the central bank won’t be in a hurry to remove stimulus. W(...)

UK consumer prices were unchanged compared with a year earlier following an annual 0.1 per cent gain in July, the Office for National Statistics said in London. Photograph: PA.

UK inflation returned to zero in August, driven down by the cost of motor fuel and clothing. A measure of core price pressures also eased.Consumer pr(...)

John McDonnell, who will be shadow chancellor in Labour leader Jeremy Corbyn’s shadow cabinet. Photograph: Andrew Matthews/PA Wire 1:30

The new leader of Britain’s opposition Labour Party has named a hard-left former trade union official, who has backed re-nationalising the country’s b(...)

Fredrik Voss, third from left, and the Nasdaq team developing software to allow the trading of stocks in private companies on a blockchain, the kind of public ledger used in the Bitcoin market, in New York. Financial firms are looking at the network and software that make it possible for Bitcoin to move around the world instantly and inexpensively. Photograph: Sasha Maslov/The New York Times

Most people still think of Bitcoin as the virtual currency used by drug dealers and shadowy hackers looking to evade the authorities. But the innovati(...)

Jeremy Corbyn salutes the crowd shortly after his announcement as new leader of the UK labour party. Photograph: Getty

Jeremy Corbyn’s hopes of uniting Labour MPs were dealt a blow when a number of prominent front benchers said they would not serve in his shadow cabine(...)

Bank of England governor Mark Carney who has claimed China’s economic problems are “unlikely” to derail plans to raise interest rates in the UK. Photograph: Jonathan Brady/PA Wire

The Bank of England said on Thursday its rate-setters felt the threat to the world economy from China’s stock-market slump did not signal a slowdown f(...)

Japan’s benchmark Nikkei 225 Stock Average surged 7.7 per cent, gaining more than 1,300 points, as sentiment was bolstered by  rallies on Wall Street and optimism on China economy. Photograph: . Franck Robichon/EPA

Global markets continued to respond to positive developments in China. In the US, stocks struggled to add to their second best rally of the year, even(...)

Citigroup is sounding the alarm bells for the world economy.

Citigroup is sounding the alarm bells for the world economy. In an analysis the New York- based bank’s chief economist, Willem Buiter, said there is a(...)

The US Federal Reserve building in Washington, DC.  Photograph: Getty

How close is the US Federal Reserve to normalising monetary policy? This was the question addressed by Stanley Fischer, vice-chairman, at the Jackson (...)

Manchester United’s Wayne Rooney: the soccer club’s results are out on Monday. Photograph: John Sibley/Reuters
For your diary

TODAY Results: Green REIT; Manchester United. Meetings: Petroceltic EGM (Herbert Park Hotel, D4). Indicators: German industrial production (Jul). Othe(...)