Latest articles on Us Economy

The Donald exacerbates debt tsunami

The biggest pile of dollar bonds ever is coming due, which raises the spectre of major defaults.

​Globalisation is ticking along and it’s best not to mess with it

"Information flows (internet traffic and phone calls, mainly) have exploded but trade and capital flows are still below their prerecession peaks."

Will Trumpenstein wreck or bless?

The president-elect’s victory speech was encouraging but his temperament keeps everyone guessing.

Rand pares worst quarterly losing streak in 12 years on exports

The rand strengthened, ending its longest quarterly losing streak in almost 12 years, as exporters converted earnings from abroad.

Rand leads currency declines as bond yields rise to year high

The rand fell and bond yields rose on Monday morning, as lower commodity prices reflected soft Chinese industrial production figures.

Who’s afraid of the big bad cliff?

With the United States election now over, the world waits with bated breath to see how the country will address its looming "fiscal cliff".

Obama takes first swipe in year-end debt showdown

US President Barack Obama claimed he has a mandate to hike taxes on the rich, firing his first post-election shot at Republicans.

Obama handed a second term, but challenges await

President Barack Obama has won a second term in the White House, overcoming deep doubts among voters about his handling of the US economy.

Re-election: Obama won on the economy

In the end, US President Barack Obama won re-election on the issue that was supposed to send him packing: the country's sluggish economy.

Turning risk on its head

With the US at risk of default, bonds and cash are a bigger risk than you realise.

A snorkel or an aqualung?

Another way to think about the prospects of recovery is last week's US wealth data. Americans lost a collective $12.7-trillion last year.

Motown pleads for mo’ money

The bosses of the United States' big three carmakers appeared before Congress last week to plead the case for a $25-billion government aid package.

Borrow, buy, burn, bail out

With the United States election just around the corner, who'd want to be in the shoes of either front-runner Barack Obama or John McCain?

Bailing out Big Motor

Having sabotaged eco-innovations, the motor industry is now demanding billions, writes George Monbiot.

Not much can be done for taxpayers who face being fleeced

It was a bad plan -- but it was a plan. The refusal of the US House of Representatives to back Hank Paulson's bail out takes us into new territory.

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​No apology or comfort as another Marikana mother dies without justice

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