Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag 7,000 "zombie" companies globally, with 2,000 in the US, face loan repayment challenges due to low-interest rates and inflation.

The number of "zombie" companies, those with insufficient profit to cover loan interest, has risen to nearly 7,000 globally, including 2,000 in the US, amid low-interest rates and inflation, according to an Associated Press analysis. These companies, often small and mid-sized, could face a reckoning when loan repayment deadlines approach. Valens Securities Managing Director Robert Spivey warns that the weakest of these "zombies" will be "crushed."

52 Articles