How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants

How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants

The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal: the threat of automatic cuts if they fail to do so.
Reassessing Engine No. 1’s Fight Against Exxon Mobil

Reassessing Engine No. 1’s Fight Against Exxon Mobil

As investors press Exxon Mobil on climate issues, activists say that a hedge fund’s eco-focused victory over the oil giant two years ago has achieved little.
Investors See Hope for a Debt Limit Deal

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.