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An outdoor job fair in South Los Angeles. Markets fear that the US economy is sliding back into recession. Photograph: Robyn Beck/AF...
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Markets in London and New York plummeted as US bank Morgan Stanley warned of a new global recession. Photograph: Stan Honda/AFP/Ge...
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Germany's chancellor Angela Merkel, Greece's PM George Papandreou, and France's president Nicolas Sarkozy. Photograph:...
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Some banks are using models instead of market values to mark down Greek assets, says the International Accounting Standards Board. P...
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Christine Lagarde, head of the IMF, warned of the risks of another global downturn and said banks need ‘urgent recapitalisation’. Ph...
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George Osborne received some unexpected good news as it emerged that Britain’s public finances moved into the black last month. Ph...
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The Markit household finance index has fallen for the third month running. Photograph: Graham Turner for the Guardian Hous...
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A home for sale in Haight Ashbury, San Francisco. The US housing crisis is a destabilising influence on the global economy. Photogra...
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Warren Buffett, at the 2010 meeting of his Berkshire Hathaway investment group, says that billionaires like himself have been 'c...
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Vince Cable: 'Banks are in a way trying to create a panic around something which they know has got to happen.' Photograph: S...
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