With new doubts about the recovery’s staying power, borrowing could become tougher, a particular blow to small businesses.
Tag: Credit and Debt
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WeWork Reaches a Debt Restructuring Deal With SoftBank
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
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Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.
Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that prediction has proved.
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Inside the Collapse of Silicon Valley Bank
While its leader extolled innovation and the future of tech, the bank paid less attention to risk management and was caught flat-footed by economic change.
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Wall Street rises on relief over banks and inflation.
A rebound in bank stocks provided a pause in the market panic over the health of the financial system.