BREAKING:
The wave of corporate distress in the U.S. is accelerating. So far this year, 717 major companies have entered bankruptcy — the highest year-to-date count in more than 15 years, and already exceeding the entire annual totals seen in every year since 2010.
This marks the third year in a row of rising bankruptcies, pushing the tally 93% higher than 2022.
The pressure isn’t slowing either: November saw 62 large filings, after 68 in October and 66 in September.
Overall, 2024 corporate bankruptcies are tracking 30% above the 2011–2024 average, signaling widespread financial strain across sectors not buoyed by AI-driven growth.
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