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Bankruptcy-related job losses are grimly reminiscent of the Great Recession


The recent spate of bankruptcies in corporate America is taking its toll.

In the first seven months of the year, U.S.-based companies announced 42,937 job cuts due to bankruptcy, up 40% on the same period last year and nearly 20% higher than all bankruptcy-related job losses last year, a report released this month…


Sell some stocks, but it’s wrong to panic about a recession

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