Cracks appear as Ford drops another clanger

Three American scientists won the 2013 economics Nobel prize for research that has improved the forecasting of asset prices in the long-term and helped the emergence of index funds in stock markets.

Rory McIlroy was left with bitter memories of one hole in particular as he shot 74 today in what is likely to be his last round in America for over six months.

Chinese President Hu Jintao wrapped up a four-day US tour today with a visit to Yale University, where he sought to quell fears about the international effects of his country’s booming economy and pledged continued cooperation with the United States.