Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

Tech Insider
Recession outlook, going out of business, economy
The US economy is showing resilience, but experts warn a recession is still on the table.

Robert Alexander / Getty

WeWork's bankruptcy is the beginning of a broader collapse in zombie companies, Wall Street veteran says

Tech Insider
wework building facade
There are hundreds of zombie companies that risk facing the same fate as WeWork, according to one investment research firm manager.

Reuters / Kate Munsch

Defaults of high-yield corporate bonds are accelerating and could bring a $46 billion wave of distressed debt in 2024, Bank of America says

Tech Insider
Trader NYSE
Defaults could accelerate 1.5x next year, resulting in a $46 billion pile of distressed high-yield corporate debt, Bank of America warned.

REUTERS/Brendan McDermid

Subscribe to corporate-bankruptcies