Famed economist Claudia Sahm shares 2 things to watch for at the Fed policy meeting this week — and why the central bank should start cutting rates soon despite a seemingly strong economy
Claudia Sahm says Jerome Powell will subtly indicate where monetary policy is headed in coming months. Sahm believes the Fed should start cutting...
Read MoreMarkets recover from DeepSeek turmoil ahead of key rate decisions
Global stock markets rebounded from the previous day's selloff, ahead of major tech earnings and central bank rate decisions.
Read MoreSoftBank-backed education startup GoStudent conducts another round of layoffs
GoStudent, valued at $3 billion two years ago, is laying off staff again. The Austrian edtech unicorn raised $95 million in equity and debt last...
Read MoreDefaults 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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