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  1. Home
  2. / Video

China's Growth Slows to 25 Year Low, Wall Street Mourns Glenn Frey

Economic Indicators in China show the country is growing at the slowest in 25 years.
By JANE KING Jan 19, 2016 | 07:18 AM EST
Stocks quotes in this article: UNH, ^DJI, ^GSPC, ^IXIC

Economic Indicators in China show the country is growing at the slowest in 25 years. But that was expected so global markets are surging higher. China's GDP grew at 6.9%. With growing debt and too much housing and factory capacity, economists-and even Chinese officials-project a tougher year ahead. The music industry loses another legend. Eagles Founder Glenn Frey died Monday at the age of 67. The Eagles were one of the most popular bands of all times. 'Hotel California' sold 16 million copies and the band released 4 number one albums consecutively between 1975 and 1979. The Eagles have sold more than 100 million records worldwide and were inducted into the Rock and Roll Hall of Fame in 1988. UnitedHealth (UNH) reported quarterly earnings that beat analysts' expectations. The company posted quarterly adjusted earnings of $1.40 per share, down from $1.55 a share in the year earlier period. In November, the health insurer warned investors it expects to see losses on its Obamacare health plans, an announcement that generated new debate about the law. UnitedHealth says it would consider exiting the exchanges that sell the plans in 2017.

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TAGS: Investing | Video | Healthcare | China | Music | Health Insurance |

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