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Global Economic Headwinds and Geopolitical Tensions Mount as Consumer Confidence Dips and EU Budget Faces Scrutiny
Stock Market News· 2025-10-29 06:38
Key TakeawaysU.S. consumer confidence has fallen to 94.6 in October, a 1.0-point decrease, as Americans express growing anxiety over a weakening labor market and persistent inflation.UnitedHealth Group (UNH) has raised its 2025 earnings outlook, with adjusted net earnings now projected at at least $16.25 per share, despite anticipating pressure on its Medicaid business in 2026.The Reserve Bank of New Zealand (RBNZ) confirms its recent interest rate cuts are effectively easing borrowing costs and improving c ...