Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
PYMNTS.com - 2024-05-12T21:41:16.000Z

U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data from S&P Global Market Intelligence which shows companies pressured by continued high interest rates. The data showed 66 new bankruptcy filings last month, up from 61 in March. S&P Global said the […]

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In related news

Unemployment level up 777,000 since April 2023 as unemployment rate creeps up to 3.9 percent

Federal student loan interest rates highest in more than a decade

Federal student loan interest rates highest in more than a decade