Financial News

Microsoft offered remedies in cloud gaming to earn the approval of European Union regulators for the $69 billion Activision Blizzard acquisition.

For the presidency — which is expected to be close — if no candidate wins more than 50%, the vote goes to a run-off two weeks later.

Google shares jumped after the company’s developer conference this week, and employees were quick to give the credit to engineers.

Tax revenues and emergency measures after June 15 will let Treasury “continue financing operations through at least the end of July,” said the CBO.

Bank of England Governor Andrew Bailey on Thursday defended an about-turn in the bank’s U.K. growth forecast.

The consumer price index was expected to rise 0.4% in April, according to Dow Jones.

The banking sector has been under the spotlight since March with the collapse of Silicon Valley Bank and the rescue of several other embattled lenders.

Warren Buffett, whose conglomerate is viewed as a barometer for the U.S. economic health, didn’t sound so cheery about the near future.

Janet Yellen on Sunday said that failure to raise the debt ceiling will cause a “steep economic downturn” in the U.S.

Berkshire Hathaway’s operating earnings jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business.