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America may need a third dose of quantitative easing (QE) to avoid its economy slumping back into recession, Ben Bernanke predicted last night.
The chairman of the Federal Reserve defended his decision to launch a second $600bn (£382bn) stimulus programme – dubbed QE2 – last month. Appearing on CBS News's 60 Minutes, Bernanke said it was "certainly possible" that the Fed would open the QE floodgates again, if the US recovery does not pick up pace.
Delta Air Lines is having what might possibly be the most-popular job search in a long time: More than 100,000 people have applied for just 1,000 openings as flight attendants.