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Workforce solutions provider ManpowerGroup (NYSE:MAN) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 7.1% year on year to $4.09 billion. Its GAAP profit of $0.12 per share was 76.4% below analysts’ consensus estimates.

As recession fears mount on Wall Street, management is still reportedly setting ambitious long-term goals.

An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the next 12 months approaching 50%, according to economists polled by Reuters. A sudden 90-day pause in reciprocal tariffs on trading partners imposed by President Donald Trump hasn't done much to improve the U.S. outlook given a trade war with its biggest trading partner, China, is escalating and damaging business sentiment. Most forecasters, like U.S. consumers in recent months, have significantly raised their inflation expectations.

Galaxy Digital CEO warns U.S. market is starting to behave like an emerging economy amid rising rates and soaring debt.

Shares of UnitedHealth Group tumbled 22% Thursday morning after the healthcare giant's first-quarter results fell short of analysts' estimates and it cut its profit forecasts for 2025.

The threat to U.S. Bitcoin manufacturing comes even as the President's sons are planning to launch a mining venture.

U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer reported first-quarter results that topped analysts' estimates and stuck with its 2025 revenue outlook despite the growing trade war.

Health insurance company UnitedHealth (NYSE:UNH) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 9.8% year on year to $109.6 billion. Its non-GAAP profit of $7.20 per share was 1.3% below analysts’ consensus estimates.

Investors are left to wrestle with backward-looking figures that haven't captured the present and unpleasant surveys that anticipate a dismal future.

The S&P 500 and the Nasdaq rose on Thursday on the final trading day of the week, with focus on U.S.-Japan tariff talks, while a slump in UnitedHealth's shares following a forecast cut by the insurer weighed on the Dow. After steep losses on Wednesday, investors found some optimism from U.S. President Donald Trump's comments on "big progress" in trade talks with Japan. Meanwhile, UnitedHealth plummeted 17.2% after lowering its annual profit forecast on expectations of high medical costs for the rest of the year.