America’s corporate meltdown: 655 big firms bankrupt as 2025 crisis surges to 15-year high

US corporate bankruptcy 2025: American companies are facing a severe crisis. 655 firms have gone bankrupt this year, nearing last year's total. Rising costs, trade policy shifts, and inflation are squeezing businesses. Industrials and consumer discretionary sectors are hit hardest. Financial markets are also feeling the pressure. This marks the worst corporate collapse in 15 years.