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UnitedHealth raises outlook after strong second quarter

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MINNETONKA, Minn. — UnitedHealth Group boosted its full-year outlook for a second time this year after a surprisingly strong second quarter despite sustained, elevated...

US stocks open lower, pulling further back from records

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Stocks are opening broadly lower on Wall Street, pulling major indexes a bit further below the record highs they marked at the beginning of...

As prices rise at rapid pace, Fed chief seeks patience

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WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...

As prices rise at rapid pace, Fed chief seeks patience

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WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...

UK inflation rises to highest level in nearly 3 years

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LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...

Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Europe takes another step toward introducing digital euro

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The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

JPMorgan’s 2Q profits more than double, beating expectations

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NEW YORK — JPMorgan Chase said its second quarter profits more than doubled from a year ago — a reflection of the improving global...

Company: Insured losses from Elsa could be $290 million

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ATLANTA — A company that estimates damage from natural disasters says insured losses on land from Hurricane Elsa will be around $290 million. ...