US corporate bankruptcies hit a 14-year high in 2024 amid high rates and record debt levels
Briefly

Corporate bankruptcies in the U.S. reached a 14-year high in 2024, with 694 firms filing for bankruptcy, reflecting increased economic distress in various sectors.
The consumer discretionary sector faced significant challenges, evidenced by 108 bankruptcies, revealing how shifting consumer trends and inflation tightened budgets.
Read at Business Insider
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