Financial Times: US corporate bankruptcies hit record high


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Yemen News Agency SABA
Financial Times: US corporate bankruptcies hit record high
[07/ January/2025]
London-Saba:
The British newspaper "Financial Times" confirmed that US corporate bankruptcies have reached their highest level in 14 years due to interest rates.

The newspaper reported today, Tuesday, that this situation has reached US companies for the first time since the global financial crisis, as "high interest rates and weak consumer demand punished struggling groups."