A former corporate lawyer at two large U.S. law firms pleaded guilty on Wednesday to charges stemming from his failure to pay federal income taxes. Donald Trump's sentencing for his conviction on criminal charges stemming from hush money paid to a porn star was delayed on Tuesday until Sept. 18, less than seven weeks before the U.S. election.

The healthcare giant slashed its 2025 projections, citing higher-than-expected costs for people enrolled in its Medicare plans.

UnitedHealth Group surprised investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and it lowered its outlook for the full year due to higher-than-expected medical costs,

UnitedHealth Group (NYSE:UNH), long regarded as a stable investment, shocked Wall Street by missing earnings estimates for the first time since 2008. Shares of the largest U.S. health insurer tumbled over 22% Thursday,

The insurance giant “did not perform up to our expectations,” CEO Andrew Witty said amid rising Medicare costs and challenges within Optum Health. Shares of ​​UnitedHealth Group (NYSE: UNH) plunged by more than 22% Thursday morning after the company reported underwhelming first-quarter earnings and revised its full-year outlook.

U.S. stocks are mostly higher in the final day of trading for their holiday-shortened week. The S&P 500 was 0.3% higher in early trading Thursday, and a recovery for tech stocks following their sell-off the day before helped push the Nasdaq composite up 0.