Black Swan

Labor force participation was slower to recover after the Great Recession in rural counties, while the income gap between metro and nonmetro areas has only widened over the last decade. As painful as the last economic downturn was for rural regions, the current crisis poses its own problems that could…

Market Extra Published: March 25, 2020 at 6:27 p.m. ET Volatility is extreme, sellers are trying to sell An empty restaurant at Grand Central Station in New York City. Getty Images Commercial real estate was supposed to be one of the safer bets of the past decade. But the coronavirus…

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"Westworld" and "Contagion" have been among WarnerMedia's most popular titles in recent weeks. More time indoors means more time for film and television binging, and HBO Now is enjoying a particularly large spike in popularity: The platform’s usage jumped 40 percent from its four-week average, according to WarnerMedia. WarnerMedia announced…

Carlo Allegri/Reuters IHS Markit's composite purchasing managers index plummeted to 40.5 in March from 49.6, reaching a record low for the metric and posting its steepest single-month drop since October 2009. The firm's services gauge sank 10.3 points to 39.1 in March, another record low and sharp contraction for the…

Cryptocurrencies are well known as a uniquely-volatile asset, as ominous terms like “flash crash” are baked into its very vernacular and the ethos. Since cryptocurrencies became a more-mainstream investment asset in 2017, several of these sudden, unexpected price drops – often referred to as black swans – have turned heads…

The notion of “black swan events” originates in the  ancient Latin saying “rara avis in terris nigroque simillima cygno” (translated roughly as “a rare bird in the lands and very much like a black swan”) that presumed that black swans did not exist. Once they were discovered in the wild…

It’s not everyday when you’re called upon to work with the biggest group in pop music, but Toronto native August Rigo was one of the few trusted to co-write two tracks on BTS’ latest album, “Map of the Soul: 7″ — “Black Swan” and “On.” The former, written alongside BTS…

poly-lt-wire-logo Photo: Paramount Pictures From A Quiet Place to Zodiac “Genre” is a nebulous concept, and no genre is as nebulous as the thriller. What one viewer may deem too scary, planting it firmly in the realm of horror, might not even raise the heart rate of another viewer. For…

The coronavirus outbreak is rampaging across the balance sheets of airlines around the world, as countries close borders, people shelter in place, and travel grinds to a halt. In the United States, carriers are looking to the federal government for immediate assistance to help cushion the blow that the pandemic…