US Large Corporate Bankruptcies Hit 15-Year High in 2025
A total of 749 large corporate bankruptcy filings were recorded by December 14, marking the fourth straight annual increase and a 9% rise year-over-year.
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Terms & Concepts
- Year-over-Year (YoY): A financial metric that compares statistics from one period to the same period in the previous year.
- Corporate Bankruptcy: A legal process where a business unable to meet its financial obligations seeks court protection to restructure or liquidate assets.
- Interest Rates: The cost of borrowing money, typically set by a central bank, influencing corporate debt servicing costs and financial stability.