Today we learned U.S. bankruptcies rose 7% year over year. "May data reflects a continued but measured uptick in bankruptcy activity, particularly among small businesses," said Michael Hunter, vice president of Epiq AACER. But even before the latest data was available, the trend has already been well established as higher. So while Wall Street has been elated by the rising market, most individuals and small businesses continue to struggle. Source: Administration of US Courts
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