MINNEAPOLIS, MN – In a surprising move, UnitedHealth Group (NYSE: UNH) announced Tuesday the immediate departure of Chief Executive Officer Andrew Witty, who cited personal reasons for his decision. The nation’s largest health insurer simultaneously revealed the return of former CEO Stephen Hemsley to the top leadership role and the suspension of its 2025 financial outlook, […]
WALL STREET – Dow Jones Industrial Average futures surged by over 1000 points Monday morning following reports of adjustments to existing United States-China tariffs and growing anticipation of a potential trade agreement between the two nations. The significant pre-market rally signals strong investor optimism regarding improved economic conditions and corporate earnings.
Washington, DC – Federal Reserve Chair Jerome Powell, following the latest Federal Open Market Committee (FOMC) meeting, expressed heightened concerns about the U.S. economic outlook, citing increased risks of both rising inflation and potential increases in unemployment. These concerns have increased discussion of the possibility of stagflation. Powell emphasized that the Federal Reserve will closely […]
