US Corporate Bankruptcies Surge Amid High Interest Rates and Supply Chain Strains
WASHINGTON, Aug 14 — Rising interest rates, persistent supply chain disruptions, and uncertainty over U.S. tariff policies are intensifying challenges for businesses across the country. The U.S. Federal Reserve kept its benchmark interest rate steady between 4.25% and 4.50% for the seventh consecutive month in July. However, financial pressure on corporations has continued to mount,…
