Why So Many US Companies Are Going Bankrupt

From Bed Bath & Beyond to Pyrex and Party City, some of America’s best known brands are declaring bankruptcy. After years of cheap borrowing, the Federal Reserve’s push to curb inflation has also pushed up interest rates—and made the price of debt more expensive. So what does it mean for the economy and which industries are most at risk? -------- Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you’ve known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.