President warns on $18tn debt ceiling, which must be raised within five weeks
Central America enjoys financial boost from migrant workers
There are still good reasons to lump countries into big baskets, argues the IIF
President shares out posts among allies in face of impeachment threat
Central bankers use influence to make economy more stable, not create despair, writes Philip Lambert
Labour department’s lower than expected September jobs data reveals 64,000 fewer jobs than forecast, making a rate rise by Federal Reserve less likely
A slump in world trade and a slowdown in China took their toll on the US economy last month as surveys revealed that firms delayed hiring and factory orders contracted.
US businesses created only 142,000 jobs in September, according to official figures, about 64,000 fewer than expected by analysts. The report by the US Labor department also found that employers kept average pay rises at zero and thousands of workers quit the labour market, taking the participation rate back to levels last seen in the 1970s.
Related: US jobs report: markets volatile as payroll misses forecasts – live updates
Related: IMF warns of new financial crisis if interest rates rise
New Delhi finally sets out plans for UN summit on global warming
Agency to borrow used vehicles and hire cars to check if other marques installed defeat devices
This could be the first move to exploring our solar system and a wider cosmos, writes Martin Rees