The $69 Billion Microsoft-Activision Deal Faces a Big E.U. Test

The $69 Billion Microsoft-Activision Deal Faces a Big E.U. Test

The bloc’s antitrust regulators could side with Microsoft on Monday, but the tech giant still faces an uphill battle to gaining full approval.
The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds

The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds

Short-term costs for insuring U.S. bonds are skyrocketing, and the long-term effects of repeated flirtations with debt default are already a burden, our columnist says.