Corporate Bankruptcies Surge to 14-Year High Amid Economic Strains
By Tom Ozimek U.S. corporate bankruptcy filings have soared to a 14-year high as U.S. businesses continue to face pressure from tighter credit conditions and softer consumer demand. A report released on Jan. 7 by S&P Global Market Intelligence indicates that at least 694 U.S. companies filed for bankruptcy in 2024, the highest single-year tally since 2010, in the aftermath of the…
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