US: Recession hits small businesses, commercial bankruptcies up 33%
Edited By WION Video Desk
Published: Oct 05, 2020, 21:45 IST | Updated: Oct 05, 2020, 21:45 IST
U.S. commercial bankruptcy filings are up 33% so far this year with new cases in September surging by 78% from a year earlier as the recession triggered by the COVID-19 pandemic hits small businesses, data released on Monday showed.
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