Defaults skyrocketed last year to the highest tally since the start of the pandemic - and 2024 is set to bring more pain to corporations
Non-financial corporate defaults almost tripled from 2022 to 2023, Moody's said. Analysts expect defaults to climb further in 2024. In the fourth...
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Lagarde hints at further ECB rate cuts, rules out Bitcoin reserves
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and...
Read MoreThe Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to...
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