A US default would have such devastating economic and financial consequences that many observers dismiss the possibility out of hand. But investors are not ruling out such a nightmare scenario. As ...

The median risk of default for publicly traded US companies rose across most sectors from the end of March through the end of May. Wild swings in US stocks followed President Donald Trump's April 2 ...

The market thinks there's a 94% chance that Russia defaults on its debts, according to the price of credit-default swaps. The risk of a Russian default has risen dramatically after the US Treasury ...