Episode Details
Back to Episodes
Bankruptcies Surge in 2025, Economy Grows
Published 1 week, 4 days ago
Description
Corporate bankruptcies surge in 2025, mirroring Great Recession levels, as companies grapple with inflation, high interest rates, and steep tariffs. Industrials and consumer-facing businesses bear the brunt, with manufacturing losing over 70,000 jobs. PosiGen, Nikola, Spirit Airlines, and Claires among casualties. Despite overall economic growth, struggling sectors face culling.
The Daily News Now! - Every city. Every story. AI Powered.
Hosted on Acast. See acast.com/privacy for more information.