63 American companies filed for bankruptcy in August alone, including several large corporations with over $1 billion in liabilities.

US bankruptcy filings spiked in August after a July slowdown, leading to the highest total for the first eight months of the year since 2020 and the second-highest since 2010.

There were 63 bankruptcy filings in August of public and certain private companies, up from a revised 49 in July, according to the latest data from S&P Global Market Intelligence. This was the third-highest monthly total this year, behind 72 in June and 68 in April.
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