Business

UnitedHealth falls short of second quarter expectations and offers weak outlook for 2025

UnitedHealth falls short of second quarter expectations and offers weak outlook for 2025

UnitedHealth missed Wall Street’s second-quarter earnings expectations and offered a new and conservative take on the rest of 2025. The health care giant said Tuesday that it expects rising medica...

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1 in 10 Americans now millionaires, but the status loses some luster

1 in 10 Americans now millionaires, but the status loses some luster

NEW YORK (AP) — As a child, Heidi Barley watched her family pay for groceries with food stamps. As a college student, she dropped out because she couldn’t afford tuition. In her twenties, already ...

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Wall Street hits an all-time high for the 5th time this week

Wall Street hits an all-time high for the 5th time this week

NEW YORK (AP) — U.S. stocks capped another strong week with more records on Friday. The S&P 500 rose 0.4% to set an all-time high, the fifth time it did so this week. The Dow Jones Industrial ...

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Chinese and US trade officials meet in Sweden to tackle tariffs

Chinese and US trade officials meet in Sweden to tackle tariffs

STOCKHOLM (AP) — Chinese and U.S. trade officials arrived for a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ...

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Stellantis faces $1.7B hit from US tariffs this year

Stellantis faces $1.7B hit from US tariffs this year

MILAN (AP) — Stellantis has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tall...

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Temu accused by EU regulators of failing to prevent sale of illegal products

Temu accused by EU regulators of failing to prevent sale of illegal products

LONDON (AP) — Chinese online retailer Temu was accused by European Union watchdogs on Monday of failing to prevent the sale of illegal products on its platform. The preliminary findings follow an...

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