AI blow-up fears revive credit default swaps. Would they pay out?
The Economist asks whether CDS protection would actually cover an AI-driven debt crisis - and why the answer matters for CFOs and boards.

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The Economist asks whether CDS protection would actually cover an AI-driven debt crisis - and why the answer matters for CFOs and boards.
Citation Oil & Gas piled up more pollution incidents than any other Oklahoma operator - and regulators let it restart the wells that caused a toxic-waste crisis.
A succession crisis is forcing retiring owners to hand over cafés, farms, and guesthouses to a new generation, often for nothing.
Alan Milburn's call for welfare cuts to fund employment support opens a Labour fight over benefits and the Neet crisis.
The world's worst measles outbreak is spreading as routine vaccination falters. Here is why every country's immunization program should pay attention.
John Ternus, who took over as CEO on September 1, tells TIME that 'all options should be on the table' after reports Apple tested Chinese-made memory, a signal for supply chain leaders.