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...

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...