U.S. bankruptcies hit a 15-year high as Trump tariffs and high rates squeeze companies - News Summed Up

U.S. bankruptcies hit a 15-year high as Trump tariffs and high rates squeeze companies


Small-business and personal bankruptcy filings also rose in November, industry groups said. Cornerstone Research counted 17 such cases from January through June, the highest half-year total since 2020, the Washington Post reported. Business InsiderIn November alone, Subchapter V filings totaled 223, up 23% from the prior year, according to ABI data cited by Business Insider. Business InsiderPersonal bankruptcy filings rose 8% in November to 40,973, ABI figures cited by Business Insider showed. Business Insider


Source: Washington Post December 29, 2025 15:53 UTC



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