The two retailers are part of a small but growing segment of corporate America: the ranks of bankruptcy recidivists, those that are returning to US court to have their debts written down or sell ...

US corporate bankruptcies surged to their highest levels since the aftermath of the global financial crisis last year, driven by rising interest rates and weak consumer demand. According to data from ...

The US will default on its growing federal debt unless major and immediate action is taken to curb spending Elon Musk has ...

Corporate bankruptcies rose to a 14-year peak in 2024, jumping to the highest level seen since the years following the Great Financial Crisis, according to data from S&P Global. A total of 694 US ...

US corporate bankruptcies have hit their highest level since the aftermath of the global financial crisis as elevated interest rates and weakened consumer demand punish struggling groups.

According to the most recent federal statistics, bankruptcy filing surged by a total of 16.2% between September 2023 and September 2024, reflecting rising costs, mountain debt, and unexpected ...

Another US airline has filed for bankruptcy, just one month after the collapse of Spirit. Silver Airways flies to vacation hotspots across Florida and the Caribbean - prompting fears for the ...

Corporate bankruptcies soared to a 14-year high in 2024, underscoring the Catch-22 facing the Federal Reserve as it wrestles with interest rate policy to battle sticky price inflation.

Corporate bankruptcies soared to a 14-year high in 2024, underscoring the Catch-22 facing the Fed as it wrestles with ...

PARTY City emerged from bankruptcy in October 2023, freed from US$1 billion of debt and with “an excellent foundation in place to drive long-term growth”, as then-CEO Brad Weston put it. Just 14 ...

US corporate bankruptcies have hit their highest level since the aftermath of the global financial crisis as elevated interest rates and weakened consumer demand punish struggling groups.