Reuters reporting showed how U.S. companies that gorged on cheap, easy credit during the era of near-zero rates are now choking on it as rates and costs rise, posing a risk to the broader economy. Small firms are beginning to feel the squeeze, which could have a chilling effect on hiring, wages and consumption, adding to headwinds from wobbly financial markets and ebbing global growth.
Reuters reveals how U.S. companies shackled by past cheap debt and forgiving terms
05 February 2019, 12:00 am 1 minute
Topics of Interest: Politics
Type: Reuters Best
Sectors: Economy & Policy