These kinds of businesses are driving a surge in US corporate bankruptcies | CNN Business

Editor’s Note: We’re making some updates to this newsletter and will be going on a hiatus starting tomorrow. In the meantime, you can stay up to date on the latest business news with CNN’s Business Nightcap newsletter.

Washington CNN  — 

Small and mid-sized businesses are struggling to survive. Many have already gone under water this year.

There were 346 companies that filed to either liquidate or re-organize through bankruptcy in the first six months of 2024, the highest half-year level since 2010 when 467 filed, according to data from S&P Global

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

US markets are steady following assassination attempt on Trump | CNN Business

New York CNN  —  US stock futures barely budged after an assassination attempt on former President Donald Trump on...

Americans are buying more Kei trucks from Japan. Is it a sign of a growing “tiny truck” movement? | CNN Business

CNN  —  Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in...

Everything You See Is a Computational Process, If You Know How to Look

The original version of this story appeared in Quanta Magazine.In the movie Oppenheimer, Niels Bohr challenges the physicist early in his career:Bohr: Algebra is like sheet...