Corporate bankruptcies are edging back up after a two-year lull as pressures in the economy grow, a situation sure to worsen if the nation’s political leaders fail to reach a deal to prevent the government from defaulting on its debt.
Democracy Dies in Darkness
Corporate bankruptcies are creeping up as pressures in the economy grow
Bankruptcy filings are still relatively low but are edging up after a two-year lull as interest rates rise and government stimulus ends
May 23, 2023 at 6:00 a.m. EDT