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This is Money
Federal Reserve chairman Ben Bernanke will set out his vision for the future of the US economy on Tuesday. He is expected to detail how quickly he believes the turn-around will begin and when he expects the deepest recession in 70 years to come to an end.
Ben Bernanke to set out Federal Reserve's vision for US economy
Neil Barofsky, special inspector-general for the troubled asset relief programme, said that the various US schemes to shore up banks and restart lending exposed federal agencies to a risk of $23,700bn - a vast estimate that was immediately dismissed by the Treasury.
Tarp exposes US to $23,700bn risk, watchdog says
California lawmakers, their state broke and its credit rating shot, finally sealed the deal with the governor Monday night on a plan to close a $26 billion budget gap.
California reaches budget deal
The City is preparing for an expansion of the Bank of England's money creation programme after it emerged that bank lending to business is falling and home loan advances are down almost 50% on a year ago.
Flow of credit to businesses fell for second consecutive month
More than one in every three of the 100 biggest companies listed on the Alternative Investment Market fail to publish an executive remuneration report, a study has found.
One in three Aim companies 'fails to publish director pay'
The New York Attorney General has Charles Schwab in his sights after accusing America's largest online stockbroker of civil fraud over the marketing and sales of auction rate securities (ARS).
Andrew Cuomo accuses Charles Schwab over auction rate securities