Top Republicans and Democrats go back to the drawing board with their budget plans after nonpartisan analysts said their sums did not add up.

Only 7% of people claiming sickness benefits were unable to do any sort of work, according to tests of claimants.

The government is to scrap or simplify more than half of all regulations that affect retailers, says Business Secretary Vince Cable.

Retail sales in Japan rise for the first time since the earthquake and tsunami hit the country in March, official data shows.

Rising consumer prices are hurting growth in emerging East Asian economies, the Asian Development Bank says.

Fraudulent claims are costing £18m a week, according to the Association of British Insurers.

The conciliation service Acas sees a 15% rise in demand for its help in dealing with industrial disputes.

House Speaker John Boehner presses Republicans to support his budget-cuts plan as the US debt ceiling deadline looms.