Government And Institutions

Justice Department to Challenge Two Health-Insurance Mergers

The Justice Department is close to challenging Anthem Inc.'s proposed acquisition of Cigna Corp. and Aetna Inc.'s planned combination with Humana Inc., according to people familiar with the matter, moves that would represent strong government pushback against consolidation in the health-insurance industry.

Economists Say BOE's Possible Rate Cut Won't Offset All Brexit Ills

The Bank of England is expected on Thursday to cut its benchmark interest rate to a new low, or at the least send a strong signal that a cut is imminent, in a further step aimed at cushioning the U.K. economy after voters' decision to exit the European Union.