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Elevance Health’s stock tumbles as profit dented by ‘unprecedented’ Medicaid challenges

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“We remain confident in the long-term earnings potential of our diverse businesses as we navigate a dynamic operating environment and unprecedented challenges in the Medicaid business,” Chief Executive Gail K. Boudreaux said in prepared remarks.

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Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.

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Analysts say much of the recent inflation crisis was driven by government budget deficit

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U.S. business inventories expand for fifth straight month in August, bolstering economic outlook

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Business inventories rose 0.3% for the second straight month and for the fifth straight month overall in August, the Commerce Department said Thursday.

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A drop in mortgage rates has failed to ignite home-buying demand, but builders remain optimistic

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Builder sentiment inched up in October, the National Association of Home Builders said.

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