Us Economy

Stablecoins, especially dollar-pegged ones, are a looming danger. Europe’s digital euro is a good counter-move but the US leads this digital financial race

The biggest challenge to the dollar comes from China, the US’s main economic rival

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

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

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

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

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

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

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

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

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

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.

Barack Obama’s economic team is working on an overhaul of the -billion programme, with the aim of doing more to spur the flow of credit to the US.

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.