Black Swan

Usually, the Oscars highlight the chasm between Hollywood's elite and average Americans. But, says one movie critic: "This is one of the rare years when critics and paying audiences backed the nominees." Also notable in 2011 is a youth movement in the nominees -- and the show's hosts.

Odyssey Marine Exploration Inc. (OMEX), which shrouds its for-profit underwater archaeological digs in secrecy, suffered a very public setback today after a federal magistrate ruled that contents from a ship wreck codenamed "Black Swan," whose 2007 discovery was greeted by an avalanche of...

Nassim Nicholas Taleb doesn't want everyone to think he's predicting a bout of hyper-inflation for the U.S. economy, contrary to a much-discussed Wall Street Journal article earlier this week.One of the bearish sages who have catapulted to renown as the economy teeters, the former derivatives...

The Wall Street Journal reports (subscription required) that Universa Investments L.P., a hedge fund firm tied to bestselling author Nassim Nicholas Taleb, is betting big on serious inflation over the next few years. According to the Journal, "The new strategy . . . aims to post big gains if...

The next time you go treasure hunting, you might just want to leave the gold and silver where you find it...In May 2007, divers from Odyssey Marine, an American salvage company, gave their latest project the name "the Black Swan." In addition to conjuring exciting images of pirates and privateers,...