'Black Swan' author Nassim Taleb says the US is heading for a debt 'death spiral'
The US is headed for a debt "death spiral" if politicians don't rein in spending, Nassim Taleb said. "The Black Swan" author said debt troubles will...
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Defaults skyrocketed last year to the highest tally since the start of the pandemic - and 2024 is set to bring more pain to corporations
Non-financial corporate defaults almost tripled from 2022 to 2023, Moody's said. Analysts expect defaults to climb further in 2024. In the fourth...
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