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US in recession

| The United States has slipped into recession, the head of the San Francisco branch of the Federal Reserve, the nation's central bank, said on Tuesday.
  • TOP STORIES »

    Rice price vice

    | World rice markets are likely to remain tight next year despite an expected record harvest.
  • Obama campaigns in games

    | US presidential candidate Barack Obama is fighting for the White house on a new front: videogames.
  • HIGHLIGHTS »

    Priceless humour

    | As the financial crisis spreads, a string of bad jokes has inevitably followed in its wake.
  • Be a made market man

    | The promo, one of the marketer's favoured tools, works very well in the online world.
  • Shell eyes Russian oil field

    Royal Dutch Shell is in talks to acquire at least 50 percent of Russian company Taas-Yuriakh.
    AFP

    Bailout plan another 9/11?

    This week will probably see the most important event in the lifetime of many of us.

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    » WORLD NEWS

    Turmoil in the stars

    Astrologer Raj Kumar Sharma believes current market turbulence was written in the stars.
    » BUSINESS NEWS
    » RAND & JSE

    Rand weakens sharply

    The rand was sharply weaker against major currencies in late trade on Wednesday.

    JSE crashes nearly 7%

    AFP Stocks plummeted nearly seven percent on Wednesday following severe drops in overseas markets.
    » WORLD MARKETS

    Euro gains again

    AFP European stock markets closed with solid gains for a second straight day on Tuesday.

    Wall St euphoria fades

    Wall Street shares dipped on Tuesday as euphoria faded from a massive rally a day earlier.
    » PERSONAL FINANCE/PROPERTY

    World Cup rate cut

    The ANC's crisis-hit bailout assurance was a good move, says economist Chris Hart.

    Huge centre to be built

    The largest entertainment and shopping centre in Africa will soon be built on Durban's north coast.