World stocks rise after Fed programme

World stocks rose more than one percent on Tuesday after the Federal Reserve unveiled a programme to buy mortgage and consumer-related securities in its latest attempt to support the U.S. financial system.

Britons blame U.S. for the credit crisis

(Reuters) More than a third of Britons blame the U.S. for the financial crisis and economic downturn, according to a survey, and three-quarters say they have little or no faith in banks.

European stocks hit day’s high on Fed move

European stocks hit a day's high on Tuesday after the U.S. Federal Reserve announced a $600 billion programme to buy mortgage-related debt and securities and a $200 billion facility to support consumer

Obama to outline cuts to U.S. budget

President-elect Barack Obama will outline steps to trim the federal budget on Tuesday as he simultaneously plans a costly stimulus package to jolt the ailing U.S. economy. Though he does not take