Why the rand will continue to appreciate

2016-04-05 11:40

The Nkandla verdict as well as domestic and global economic prospects will favour the movement in the rand in weeks to come, says an economist.

Fed scales back rate-rise forecasts as global risks remain

2016-03-17 06:20

Federal Reserve officials have held off from raising borrowing costs and scaled back forecasts for how high interest rates will rise this year.

Gold surges as turmoil skewers rate outlook

2016-01-26 07:39

Gold has re-established its credentials in the opening month of 2016 as the commodity that can outperform when aversion to risk increases.

US existing-home sales jump in December

2016-01-24 12:10

Sales of US existing homes have rebounded sharply in December from a November slump, scoring the biggest one-month gain on record.

No escape for SA from possible US rate shocks

2015-09-15 20:00

A US rate hike will have repercussions for all global financial markets including SA’s forex, bond, credit and equity markets, warns Overberg Asset Management.

Solid US jobs report bolsters case for rate hike

2015-08-09 13:45

US employment has increased at a solid clip in July and wages rebounded after a surprise stall in the prior month, opening the door for an interest rate hike.

Fed says US economy strong enough to handle rate hike

2015-06-18 07:59

The US economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, says the Federal Reserve.

Fed opens door wider for rate hike, cautions on economy

2015-03-19 05:11

The Federal Reserve has moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections.

US jobs market flexes muscle as Feb payrolls soar

2015-03-08 11:39

US employers have stepped up hiring in February and the jobless rate fell to a 7-year low, which could put pressure on the Federal Reserve to up interest rates in June.

Blizzard shuts down New York City, Northeast

2015-01-27 08:36

A life-threatening blizzard has barrelled into the US Northeast, affecting up to 20% of Americans by making people housebound and halting thousands of flights.


US consumers barely spend, save more of their income

2016-03-28 16:20

Personal spending barely increased in February and the prior month’s advance was revised down as Americans saved more of their incomes.

Yellen warns of rising risks to US economy

2016-02-10 23:28

Federal Reserve Chair Janet Yellen has warned that the US economy faces risks from tightening domestic financial conditions as well as global economic turmoil.

Suffer the in-store shopper

2016-01-26 06:39

Bricks and mortar still don’t get it – at least in the USA, says Daniel Silke.

Bond guru warns of Yellen's flawed inflation fear

2015-12-17 07:22

Bond guru Bill Gross says Janet Yellen is overly concerned about inflation, and that will hurt the world’s biggest debt market.

Next US recession will hit in 2018 - economists

2015-09-11 18:35

Citigroup's chief economist says there is a 55% chance of some form of global recession in the next couple years.

Bullish US data brightens growth picture

2015-07-02 10:46

US factory activity has picked up, providing fresh evidence the economy has been gathering solid momentum after contracting at the of the year.

US job growth fuels rate hike expectations

2015-05-08 16:56

US job growth has rebounded and the unemployment rate dropped to a near seven-year low, signs that could keep the Federal Reserve on track to hike interest rates.

Small US town opens first govt-run pot shop

2015-03-08 18:18

A small town in southern Washington has opened the state's first recreational marijuana store that is both owned and operated by the local government.

Fed upbeat on US economy, keeps rates steady

2015-01-29 08:34

The Federal Reserve says the US economy is expanding "at a solid pace" with strong job gains, signalling it still plans to raise interest rates this year.

US jobless claims rise

2015-01-02 13:00

The number of Americans filing new claims for jobless benefits has risen more than expected, but the trend was consistent with sustained labour market strength.

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