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Mexico arrests suspect in US agent’s death

Mexico’s army said it had arrested a man suspected of killing a US special agent and wounding another earlier this month

Prison costs spur unlikely alliance in US

State budget deficits are encouraging a rare coalition of reformers on both the left and the right of US politics to look for ways to slim down the largest prison system in the world

Emanuel confronts deficit in Chicago

Rahm Emanuel faces the daunting task of tackling the city of Chicago’s perilous financial situation after winning a landslide victory in Tuesday’s mayoral election

Goldman sees danger in US budget cuts

The Republican plan to slash government spending by $61bn in 2011 could reduce US economic growth by 1.5 to 2 percentage points in the second and third quarters of the year, a Goldman Sachs economist has warned

Data watch

The latest key economic indicators from around the world

Province woos investors after Potash saga

Saskatchewan officials head to the UK, US, China and India to reassure investors as the commodities boom reshapes the province’s economy

US home resales jump unexpectedly in January

Sales of existing homes in the US rose unexpectedly in January, as buyers bought foreclosed homes at bargain prices

Lex: US economic distortions

Crisis-induced state intervention has seeped into every corner of economics and finance and the natural balance of things may not be known again for decades

Emanuel wins Chicago mayor race

Rahm Emanuel won a landslide victory in Chicago’s mayoral election on Tuesday, securing comfortably more votes than the 50 per cent he needed to avoid a second-round run-off

Somali pirates kill four US hostages

The attack, which came in the midst of negotiations for the hostages’ release from their hijacked yacht, comes amid rising insecurity and ransoms in the region

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Money Supply blog

Insights into the Fed, plus US data, graphics and video as part of the Money Supply blog

Clive Crook’s blog

Clive Crook

From Washington: Clive Crook, the FT’s Washington columnist and a former deputy editor of the Economist, writes mainly about the intersection of politics and economics

John Gapper’s blog

John Gapper

The business world: John Gapper, the FT’s chief business commentator, shares his pithy observations from New York on business, finance, media, technology and related matters in the US and elsewhere

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