re: Is the Hillary campaign really dead?

That's exactly what she's doing. Hillary still has a lot of debt, and she needs to get rid of as much of it as possible before her next senate race.

Choosing to "suspend" rather than "end" her campaign allows it to continue legally accepting donations.

Quickie: http://www.dallasnews.com/sharedcontent/dws/news/politics/national/stories/DN-suspendbox_08pol.ART.State.Edition1.46d8a20.html