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Troubled Borrowers Seen Fighting for Runway Without Fed Cuts

Troubled Borrowers Seen Fighting for Runway Without Fed Cuts

(Bloomberg) The surprising resilience of the US economy would seem, on the face of it, to be good for corporations. But as the expansion plows ahead, pressures are forming beneath the surface to threaten some of the country’s riskiest companies.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTikTok Divest-or-Ban Bill Expected to Become US

Big Banks Are Copying From Private Credit's Playbook

Wall Street has lost out on billions in fees as direct lenders lured away corporate borrowers. The future of their businesses depends on how they adapt.

Big banks are copying from private credit's playbook

Wall Street Couldn't Beat Private Credit. Now It Wants a Cut