The end of pandemic relief and steep interest rates have ramped up corporate bankruptcies. Business bankruptcy rates had been falling in the U.S. for a decade, but jumped 30% between September 2022 and September of this year, the Financial Times (FT) noted in a report...
July 14, 2024
U.S. corporate bankruptcies are at a level not seen since the early days of COVID. So far this year, there have been 346 business bankruptcy filings in the U.S., Seeking Alpha reported Saturday (July 13), citing S&P Global Market Intelligence data. Last month’s filings were at their highest level since early 2020, the report said, […]
December 18, 2023
The end of pandemic relief and steep interest rates have ramped up corporate bankruptcies. Business bankruptcy rates had been falling in the U.S. for a decade, but jumped 30% between...
