Shares of UnitedHealth Group Inc. took a deep dive Tuesday, after the health insurer said it no longer backed its full-year financial outlook, as medical costs continued to rise more than expected.

J.P. Morgan chief U.S. economist Michael Feroli has dialed back his forecast for a recession in 2025 to "below 50%," according to a report shared with MarketWatch on Tuesday. Feroli also pushed ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ease the tax burden on older adults — although it would not end ...