New Delhi, Dec. 28 -- Corporate filings have surged to levels not seen since the depths of the Great Recession, with companies across industries succumbing to a toxic brew of lingering inflation, sky-high interest rates, and the Trump administration's aggressive tariff policies. In 2025 alone, US corporate bankruptcies reached a 15-year high, as S&P Global data reveals over 655 major firms collapsing under debt loads that have become unmanageable. From retail giants to manufacturing powerhouses, the wave of insolvencies signals deeper cracks in America's economic facade, even as stock markets flirt with record highs.

The numbers paint a stark picture. July saw the highest monthly total of bankruptcy filings in five years, according to S&...