UnitedHealth Falls Most in 26 Years After Shock Forecast Cut

Apr 17, 2025 | Markets

UnitedHealth Group Inc. cut its annual forecast and reported its first earnings miss in more than a decade, in a foreboding sign that weighed on other insurance stocks. The company said it was blindsided by rising medical costs as the first quarter closed, upending a...

Whale Rock Lost 20% in First Quarter Amid Trade War Volatility

Apr 16, 2025 | Markets

Whale Rock Capital Management racked up double-digit losses in the first quarter as President Donald Trump’s trade wars rattled markets. The public equities hedge fund lost 15% in March, extending its loss over the first three months of the year to about 20%,...

Stock Rout Has Couples Taking Axe to Wedding Budgets

Apr 16, 2025 | Markets

Couples are cutting wedding budgets and delaying the event altogether in a sign that a sinking stock market and recession fears are causing a pullback on big purchases. Wedding planner Alyssa Pettinato said that four of the 15 couples she’s working with in the New...

For Wall Street, Worsening Economy Is a Problem for Later

Apr 15, 2025 | Markets

Bank executives’ commentary over the past week made clear they’re worried about where the economy is headed, but their first-quarter results showed little concern. The six biggest US banks bought back roughly $22 billion of stock in the quarter, a jump of more than...