Russia is spiraling closer to a historic debt default that could ripple throughout the global economy after the U.S. and its European allies hit the Kremlin with a slew of crippling financial ...

Rising national debt in the U.S., China, and Japan poses a significant risk to global financial markets, potentially triggering a sovereign debt default. GLD and precious metals are considered hedges ...

The U.S. hit its looming debt limit on Thursday morning, rendering the federal government unable to borrow more money and fueling the threat of a potential default. While Republicans and Democrats are ...

Vultures, rats and maggots are often the focus of disgust, less because of anything for which they can be blamed, and more because of the conditions with which they are associated. Death, disease and ...

WASHINGTON — A mass shooting in Allen, Texas, and another in Cleveland, Texas. The first-ever indictment of a former president, followed by a sex abuse verdict, followed by the indictment of a sitting ...

THE ECONOMIC fallout from Russia’s invasion of Ukraine now includes a sovereign default. On April 12th Sri Lanka said that it would suspend payments on the $35bn its government owes foreign creditors.

Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...

The ultimate arbiter of a sovereign default is an open question but markets may have the final word. By Alan Rappeport WASHINGTON — Russia is ambling toward a major default on its foreign debt, a grim ...