UnitedHealth silent on Aetna merger rumors in market swoon
UnitedHealth Group declined to comment on takeover chatter after The Wall Street Journal fueled speculation of a UnitedHealth bid for Aetna. Analysts cited potential values from 42 to 64 billion dollars as the for profit health insurer sector eyed further consolidation amid regulatory and hospital pressure.
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Fed Signals Gradual Rate Rise Amid Mixed Economic Readout
The Fed aims to prepare investors for a cautious rate increase if the economy strengthens, while stressing gradualism to avoid spooking markets. Growth in the current quarter hints at solid expansion around 2.5 percent, supported by job gains and easing inflation, though wage growth remains tepid and risks like a Greek default linger.
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