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WorldBusinessHealth

UnitedHealth Raises 2026 Profit Forecast After Strong Third-Quarter Results

UnitedHealth Group has raised its full-year 2026 profit forecast for the third time this year after reporting stronger-than-expected third-quarter earnings, supported by tighter...

WorldEconomy

US Wealth Rises $26 Trillion as Inflation and Housing Costs Strain Households

The wealth of American households has increased by about $26 trillion since the end of former President Joe Biden’s administration, but persistent inflation,...

Wall Street Futures Slip as Oil and Treasury Yields Rise Ahead of Fed Minutes
WorldEconomy

Wall Street Futures Slip as Oil and Treasury Yields Rise Ahead of Fed Minutes

Wall Street futures edged lower on Wednesday as rising Treasury yields and a rebound in oil prices made investors more cautious after the...

PepsiCo Faces Pressure to Deliver Growth Targets as GLP-1 Threat Grows
WorldBusiness

PepsiCo Faces Pressure to Deliver Growth Targets as GLP-1 Threat Grows

PepsiCo is running out of time to deliver the growth and profitability targets it set after activist investor Elliott Investment Management acquired a...

US Consumers Raise Near-Term Inflation Expectations to Highest Level Since 2023
WorldEconomy

US Consumers Raise Near-Term Inflation Expectations to Highest Level Since 2023

US consumers raised their expectations for inflation over the next year to 3.9% in September, the highest reading since May 2023, according to...

US 30-Year Mortgage Rate Climbs to Highest Level in Nearly Three Years
WorldEconomy

US 30-Year Mortgage Rate Climbs to Highest Level in Nearly Three Years

The average interest rate on a 30-year fixed-rate US mortgage rose to 7.49% in the week ended October 2, its highest level since...

Vance Says Alaska LNG Project Still Needs Key Details Resolved
BusinessEconomyWorld

Vance Says Alaska LNG Project Still Needs Key Details Resolved

US Vice President JD Vance says the proposed Alaska liquefied natural gas project is expected to move forward, although Washington and Seoul still...

US Heads Into Midterm Elections With Low Unemployment but a Slowing Labour Market
EconomyBusinessPolitics

US Heads Into Midterm Elections With Low Unemployment but a Slowing Labour Market

The United States is entering the final weeks before the November 3 midterm elections with unemployment at 4.2%, a historically low level, but...