Apple's Steve Jobs has resigned as chief executive of the technology giant, announcing he could no longer continue in the position following his battle with cancer.
Warren Buffett has revealed he has exploited recent sell-offs to buy up cheap stocks.
GAM has opened its long-running US Equity fund to UK retail investors with the launch of a mirror fund.
Fidelity International's Trevor Greetham has warned the "fiscal masochism" of US and European policies is leading to a new risk of recession and stagflation.
The US was hit with a further blow today as Standard & Poor's warned the economy is unlikely to regain its AAA-credit rating anytime soon.