Government And Institutions

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.

GOP Lawmakers Press FBI Chief Over Lack of Consequence for Clinton

FBI Director James Comey strongly defended his decision not to recommend charges against Hillary Clinton on Thursday but told Republican lawmakers penalties such as revoking security clearances could be considered for mishandling classified information as Clinton and her staff did.

Apple Dispute Hinges on Centuries Old Law

The dispute between Apple Inc. and federal investigators over access to a terror suspect's phone could turn on a centuries-old law that the Justice Department uses to conscript reluctant companies into service.

White House Proposes New Cybersecurity Plan

White House officials plan to enact a range of initiatives this year that they believe will strengthen computer networks against cyberattacks, but part of the proposal--a big increase in federal spending--could hit a wall because it relies on congressional approval.

Fed's Fischer Says Brexit Implications Still Being Evaluated

Federal Reserve Vice Chairman Stanley Fischer said Friday the Fed will know more by its July meeting about the implications of the so-called Brexit vote for the U.S. economy, and said those effects will be weighed against positive incoming U.S. economic data.