Drivers to summon Porsches with new $2000-a-month subscriptions

2017-10-10 21:08

Porsche will begin an app-based subscription service next month in the US, joining the ranks of automakers experimenting with more flexible ownership models.

Trump's business tax cut seen as major boon for top 1%

2017-09-28 06:30

Despite President Donald Trump’s statement that “the rich will not be gaining at all”, the tax plan he rolled out may contain over $1trn in breaks for the highest earners and the wealthy.

Fed hikes US rates despite inflation fears

2017-06-14 21:25

Federal Reserve officials have forged ahead with an interest rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.

US productivity flat in first quarter

2017-06-05 16:41

The productivity of American workers has been flat in the first three months of this year, while labour costs rose at the fastest pace since the second quarter of last year.

Sombre start to the Presidency of Donald Trump

2017-04-28 18:00

US growth slowed to its lowest level in three years in the first quarter, marking a sombre start to the Presidency of Donald Trump.

Investing in the age of Trump

2017-03-02 11:24

Markets have soared since the election of US President Donald Trump. But when will his planned infrastructure improvement programme get off the ground? And which stocks are winners in this environment?

Yellen sees more rate hikes needed if US economy stays on course

2017-02-14 17:32

Federal Reserve chairperson Janet Yellen says more interest rate hikes will be appropriate if the economy meets the central bank’s outlook of gradually rising inflation and tightening labour markets.

Trump said to meet with Dow's Liveris, labour leaders on jobs

2017-01-23 15:31

US President Donald Trump will meet separately with business and labour leaders as he seeks to show that US job creation is at the top of his agenda.

The firms singled out in Trump's Twitter crosshairs

2017-01-04 05:31

President-elect Donald Trump has used Twitter to voice his opinion about a number of companies. Here's a quick rundown of the businesses he's targeted.

Did Trump really create 8 000 jobs?

2016-12-30 18:15

Donald Trump has given himself kudos for the creation of 8 000 new US jobs by a Japanese tech mogul, saying it was proof of "the spirit and the hope" stirred by his presidential win.


September US payrolls contract in wake of Harvey, Irma

2017-10-06 20:26

US payrolls have contracted in September for the first time in seven years as major hurricanes left workers idled in southern states but unemployment continued to fall, data shows.

Payroll gains to 209 000 as US labour strengthens

2017-08-04 15:09

The US labour market has hit its stride in July as employers added workers at a solid clip, the jobless rate matched a 16-year low and monthly wage growth picked up.

US companies posted record number of open jobs in April

2017-06-06 18:34

US employers in April advertised the most open jobs in 16 years, yet hiring fell and fewer people quit work.

Fed keeps rates on hold, says US growth slowdown temporary

2017-05-03 22:15

Federal Reserve officials have stayed on track to gradually tighten monetary policy by keeping interest rates on hold and signaling they are not alarmed by economic weakness.

Markets cheer US interest rate hike

2017-03-21 13:01

The US Federal Reserve’s decision to increase its policy interest rate is a vote of confidence in the US economy, say two investment experts.

US growth pace unrevised as consumption, investment diverge

2017-02-28 15:54

The US economy has grown in the fourth quarter at an unrevised 1.9% pace, as slower investment by businesses and state and local agencies offset stronger household purchases.

Trump adds record $6.5m to war chest post-election win

2017-02-01 12:06

President Donald Trump’s campaign has finished last year with $16.1m in the bank after pulling in a record $6.5m after he’d already won, Federal Election filings show.

Sarb governor Kganyago worries over Trump's protectionism talks

2017-01-18 16:06

Reserve Bank governor Lesetja Kganyago discusses his outlook for economic growth and the impact of a Trump administration on South Africa at the World Economic Forum in Davos.

AP EXCLUSIVE: The pitfalls of a Trump presidency...

2017-01-03 20:46

The Trump International Golf Club in Dubai encapsulates the host of worries of possible conflicts of interest circulating around a president who is very different from America's past leaders.

US Fed adopts bank rule to prevent govt bailouts

2016-12-16 16:35

The US Federal Reserve has adopted one of the final banking reform steps following the 2008 financial crisis which aims to prevent government bailouts of major banks.

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