- Moderator
- #1
This is not the sign of a booming economy. Americans from all walks of life are taking notice of this. This is why Trump's approval is so low and why an R+10 seat in Tennessee is seemingly competitive today in a special election, despite the Democratic candidate being a far left extremist.
High borrowing costs, cautious consumers and the Trump administration’s trade war are weighing on earnings for the smallest businesses while owners’ optimism fell to a six-month low in October. The number of Subchapter V cases is rising faster than the overall rate for Chapter 11 bankruptcies, which businesses and wealthy individuals typically use to restructure their debts.
Year to date through November, Subchapter V cases increased more than 8% to 2,221, compared to the same period last year, Epiq data show. At the same time, Chapter 11 petitions are up about 1% to a little more than 6,000. Epiq collects information from the federal courts on the various types of bankruptcies filed every day in the US.
High borrowing costs, cautious consumers and the Trump administration’s trade war are weighing on earnings for the smallest businesses while owners’ optimism fell to a six-month low in October. The number of Subchapter V cases is rising faster than the overall rate for Chapter 11 bankruptcies, which businesses and wealthy individuals typically use to restructure their debts.
Year to date through November, Subchapter V cases increased more than 8% to 2,221, compared to the same period last year, Epiq data show. At the same time, Chapter 11 petitions are up about 1% to a little more than 6,000. Epiq collects information from the federal courts on the various types of bankruptcies filed every day in the US.