US corporate failures set to register 13-year high – report

Sep 23rd 2023 5:35am EDT

Higher borrowing costs have been hurting companies Corporate bankruptcies in the United States could reach the highest level since 2010 due to a sharp rise in borrowing costs and economic uncertainty, Guggenheim Investments has said this week, according to MarketWatch. The report indicated that more than 450 corporations had already filed for bankruptcy protection this […]

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