US bankruptcy filings spike to the highest level in 14 years, excluding 2020’s filings

Bankruptcy filings from US-based companies have broken a 14-year record, excluding the pandemic levels, by recording more than 500 bankruptcies year-to-date. So far, the year is only 6 companies away from attaining the bankruptcy levels witnessed in 2020 during the COVID-19 pandemic. source: https://www.cryptopolitan.com/us-bankruptcy-filings-rise-highest/