Covid-19 has created difficult circumstances for world vitality markets, and the US shale business is dealing with “an awesome compression” that may end in big losses within the first half of this 12 months, accounting agency Deloitte says. ...

Whereas the US unemployment fee barely dropped from April’s excessive, it could be too early to pop the champagne because the rise in companies bankruptcies nonetheless threatens to shake the labor market, RT’s Increase Bust has realized. ...

Greater than 200 oil and fuel corporations in North America have filed for chapter since 2015, and the record of casualties may proceed to climb this yr. ...

Medical bills are partly chargeable for two-thirds of all bankruptcies filed within the US, new analysis says. Astronomical healthcare prices imply that the majority People are simply “one critical sickness away from chapter.” Learn Full Article ...