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Corporate Bankruptcy Filings Are Piling Up at Worst Pace Since 2020

Filings rose to 62 in September from 56 in August, bringing the total so far this year to 516, according to an S&P Global Market Intelligence report.

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Big-Company Bankruptcies Hang Over Economy

Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure.

United statesGray christmasAmy quackenbossStephen brownRonald coughlinNick kraemerBed bath beyondCornerstone researchLehman brothersSilicon valley bankAmerican bankruptcy instituteFederal reserveVoyager aviation holdingsFinancial groupBed bathNorth america

The rise of the MEGA bankruptcy: 459 US firms have filed for bankruptcy this year - the most since 2020 - and 16 had more than $1 billion in assets

Large-scale corporate bankruptcies are at their highest level since 2020 as elevated interest rates continue to batter businesses.

United statesAmy quackenbossSilicon valley bankCornerstone researchFinancial groupVoyager aviation holdingsAmerican bankruptcy instituteBed bathSteven blitzWall street journalConsumer finance

Higher interest rates send business bankruptcies soaring

The number of commercial bankruptcies increased nearly 17% in August compared to July.

United statesEd flynnFederal reserveVoyager aviation holdingsAmerican bankruptcy instituteAmerican bankruptcy

Business Bankruptcies Soar in August as Rising Interest Rates Bite

Business Bankruptcies Soar in August as Rising Interest Rates Bite
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