Health insurance stocks slide after UnitedHealth warns more surgeries will drive up medical costs
Shares of UnitedHealth, Humana, Elevance Health and CVS Health all declined, while medical device manufacturers and hospital operators edged higher.
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Fed holds off on rate hike, but says two more are coming later this year
The Federal Reserve on Wednesday released its decision on interest rates.
How to shift your bond portfolio as the Fed pauses interest rate hikes
The Federal Reserve on Wednesday announced a break from raising interest rates, while projecting two more hikes. Here's what it means for bond portfolios.
Bud Light loses spot as top-selling U.S. beer in May in the wake of boycott fight
Bud Light sales have sagged following a conservative boycott over its partnership with trans social media influencer Dylan Mulvaney.
Here's what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in May.
Attorney General Garland defends special counsel in first comments about Trump indictment
The remarks were Garland's first public comments about the federal indictment against Trump, who faces 37 counts related to his handling of classified records.
Here's how the Federal Reserve's pause in interest rate hikes affects your money
At the end of its two-day meeting Wednesday, the Fed said it would skip a rate hike in June.
A 'string of successes' fueling the IPO market, and the ETF that tracks it
As major indexes continue to charge ahead to new year-to-date highs, the long-standing drought among new IPOs entering the market might be coming to a close.
Pence says he can't defend alleged Trump crimes in classified documents indictment
Trump pleaded not guilty to 37 counts related to his alleged mishandling of classified records stored at Mar-a-Lago after he left the White House.
Blinken reschedules trip to China for this week after postponing for months over spy balloon
Blinken's visit was slated for earlier this year but postponed after a reconnaissance balloon linked to China was discovered lingering over U.S. airspace.
Lawmaker who opposed tech antitrust bills to become top Democrat on House subcommittee
Correa's voting record deviates from that of his predecessor, who launched a sweeping investigation into Amazon, Apple, Google and Facebook.
Covid vaccine maker Novavax sees a pathway to survival – but it won’t be easy
Cash-strapped Covid vaccine Novavax still faces a nunber of challenges, chiefly competing with Pfizer and Moderna in the U.S. commercial market this fall.
Here's everything the Federal Reserve is expected to do Wednesday
The Federal Reserve on Wednesday is expected to take a break and let the U.S. economy catch its breath.
Mortgage demand surges as interest rates ease off recent highs
Mortgage rates pulled back for the second straight week last week, and it was enough to get both current and potential homeowners on the phone with lenders.
Jack Dorsey’s plan for decentralized social app may be thwarted by Apple’s strict payment rules
Damus, a decentralized social app backed by the Twitter co-founder, has integrated Lightning bitcoin payments. Apple isn't sure that's allowed.
Illumina acquisition of Grail wins support from GOP lawmakers, state AGs as FTC tries to block it
The groups argued in the briefs that the FTC overstepped its authority in trying to unwind Illumina's $7.1 billion acquisition of Grail.
Eli Lilly CEO says Medicare price negotiations could harm drug development
The CEO said the "biggest problem" with the Inflation Reduction Act provision stems from a difference in timeline for negotiating prices on two types of drugs.
Judge grants E. Jean Carroll's request to amend $10 million complaint against Trump after CNN town hall remarks
The judge's decision was made public shortly after Trump pleaded not guilty to federal criminal charges during a historic arraignment in Miami.
Starbucks union claims dozens of stores aren't allowed to decorate for Pride
Starbucks denied it has changed its policy and said local store leadership and employees have the latitude to decorate locations for Pride month.
Climate change has fueled larger wildfires in California, scientists say
Scientists estimate the area burned during an average summer could rise as much as 50% by 2050 as hotter and drier conditions intensify California wildfires.
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