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Companies going bankrupt at the fastest pace since 2020 in ‘historic surge’


Companies going bankrupt at the fastest pace since 2020 in ‘historic surge’

Companies going bankrupt at the fastest pace since 2020 in ‘historic surge’

“The economy has weathered the Fed’s higher-for-longer strategy admirably well, but there is a mounting threat that the ongoing pressure will expose fault lines in the financial system,” Moody’s chief economist Mark Zandi wrote in a recent Washington Post op-ed.