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August 25, 2016

Corporate America's debt is a hidden risk

  • There's a wealth gap among companies. About $1.8 trillion in cash is sitting in U.S. corporate accounts, but half of it belongs to 25 companies. Outside of the corporate 1 percent, debt has been rising.
    • By BERNARD CONDON
    AP Business Writer

    NEW YORK — America has a debt problem, but it's not what you think.

    Yes, the federal government owes trillions of dollars more than it did a few years ago. Yes, Americans are still struggling to pay off mortgages and student loans. But it's the buildup in debt elsewhere that is most worrying some experts, and the big borrower this time may come as a surprise: Corporate America.


     
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