For public companies and the directors that serve them, managing through financial distress can attract a significant amount of scrutiny and litigation risk. In this week’s post, my colleagues discuss ...

Imagine your business steadily climbing the ladder of success when a misstep in the market suddenly leads to a financial stumble. Assets underperform, capital markets dry up, and cash flows dwindle, ...

Photo by Jeremy Wong from Pexels. JACKSONVILLE, Fla. – This month, WalletHub has released its 2025 study detailing which cities across the nation have the most people in financial distress. According ...

The top three states that had the most people who were in financial distress in 2025 were Texas, Florida and Louisiana. More residents in red states said they were in financial distress compared to ...

Vigilance in detecting red flags—such as declining cash flow, increasing debt and falling sales—can help prevent severe outcomes, like bankruptcy, and provide an opportunity for management to make ...

Chicago and Houston rank as the cities with the most people in financial distress, according to a new report from the personal finance site WalletHub. The analysis ranked 100 large cities on several ...

One of finance's most perplexing anomalies challenges a bedrock principle of investing: companies facing financial distress often deliver lower stock returns, even though they appear riskier by ...

Houston, Atlanta, and Jacksonville were ranked as the top three cities with the most people in financial distress – in that order, according to WalletHub. The WalletHub report analyzed factors like ...

While financial hardship affects many across the US, Texas ranks as the number one state struggling the most financially, according to a new WalletHub report. WalletHub conducted a comparison of all ...

The Santa Monica City Council unanimously approved a resolution declaring fiscal distress Tuesday night, citing the financial strain from $229 million in sexual abuse settlements and declining ...

NASHVILLE, Tenn. (WKRN) — Nashvillians are among many who are feeling distressed amid the rise of significant financial challenges, according to a new study. An analysis by WalletHub broke down the ...