Month: April 2025
UnitedHealth is making struggling doctors repay loans issued after last year’s cyberattack
UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee on Capitol Hill in Washington, May 1, 2024. Kent Nishimura | Getty Images Following the massive cyberattack on UnitedHealth Group’s Change Healthcare unit last year, the company launched a temporary funding assistance program to help medical practices with their short-term cash flow needs, offering no-interest […]
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Trump says 5 more law firms will provide $600 million total in free legal work for causes he supports
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters President Donald Trump on Friday said five more law firms have struck agreements with his administration that involve them committing to at least $600 million total in pro bono work for causes […]
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DOJ misses judge’s deadline for revealing plan to return Abrego Garcia from El Salvador prison
U.S. Attorney General Pam Bondi looks on during her first press conference at the Justice Department in Washington, D.C., U.S., Feb. 12, 2025. Craig Hudson | Reuters The Department of Justice missed a Friday morning deadline set by a federal judge in Maryland to inform her of the Trump administration’s plan for securing the return […]
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Stocks making the biggest moves midday: Frontier Group, JPMorgan, Apple, Stellantis, BlackRock and more
Check out the companies making headlines in midday trading. Frontier Group — Shares plunged 11% after the airline cut its first-quarter outlook and pulled its full-year outlook, citing weaker-than-expected demand and economic uncertainty. Stellantis — Stellantis shares dipped about 1% after the company said its global shipments fell to 1.2 million vehicles in the first […]
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Apple may hike iPhone prices as Trump tariffs on China remain high
Apple is once again in the crosshairs of a global trade war. This time, the stakes may be even higher. On April 2, President Donald Trump signed a sweeping executive order instituting reciprocal tariffs on a wide range of imported goods, including those from China, India, Vietnam and other countries critical to Apple’s supply chain. […]
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Bank of America’s Hartnett says sell into rallies until the S&P 500 falls further
Investors should be selling into market strength until further notice, according to Bank of America’s top market expert. With investors on edge over President Donald Trump’s tariffs and all of their ramifications, the best bet is to wait for policymaker action before putting more money to work, said Michael Hartnett, the bank’s chief investment strategist. […]
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Mattel and Hasbro stocks notch new lows after Trump’s China tariff escalation
Toys made by Mattel, Hasbro and others are seen at a Macy’s store in New York. Staff | Reuters There’s trouble in Toyland. Toy giants Mattel and Hasbro have seen their stocks battered by President Donald Trump’s escalated trade war with China. On Friday, Mattel shares hit a new 52-week intraday low of $13.95 apiece, […]
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Tech stocks head for winning week with Nvidia tracking for 15% bounceback
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | Reuters Technology stocks were on pace for a winning week Friday on the heels of a volatile stretch spurred by ongoing tariff uncertainty and economic fears. […]
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Senate Democrats ask SEC to probe Trump and others for potential market manipulation in tariff pause
Sen. Adam Schiff, D-Calif., questions Brooke Rollins, President Donald Trump’s nominee to be Agriculture secretary, during her Senate Agriculture, Nutrition and Forestry Committee confirmation hearing in Dirksen building on Thursday, January 23, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images A group of Senate Democrats on Friday asked the Securities and Exchange Commission […]
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Why are European stocks holding up much better than U.S. equities amid the trade war?
European stock markets are holding up significantly better than their American peers amid the escalating tit-for-tat trade war between the world’s largest economies. While the S & P 500 has fallen nearly 11% year-to-date, European indices have fared considerably better. The STOXX Europe 600 is down just 4.4%, France’s CAC 40 has slipped 4%, Britain’s […]
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