Bankruptcies Hit 15-Year High Amid Trade Wars

By The BriefBrief

Bankruptcies surged in 2025, with Spirit Airlines and PosiGen among the firms affected.

WHO: Spirit Airlines, PosiGen

WHAT: Bankruptcies soared to a 15-year high

WHEN: Dec 26, 2025 at 7:00 PM ET

WHERE: United States

WHY: Companies struggled to cope with Trump's trade wars

Sources (1): The Independent

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