The Financial Conduct Authority is recruiting private law firms to help process applications and has spent almost £1m on headhunters this year as it battles to deal with almost twice its typical number of vacancies after a wave of departures, Travel & Tips. The news comes after Nikhil Rathi, the […]
Finance News
Market participants are trying to make sense of the recent stock market volatility. They want to know why it happened, why was there a significant drop in so many growth stocks, and was this recent sharp pullback just a shakeout before a year-end rally or the start of a bigger […]
This week saw two key pieces of economic data: the lowest number of jobless claims since September 1969 and the highest inflation since June 1982. Jared Bernstein, longtime economic aide to President Biden, was keen to drop some trivia on the more flattering number, noting “‘Honky Tonk Woman’ by the […]
Stock futures opened higher Thursday evening as investors awaited a key inflation report ahead of the Federal Reserve’s final policy-setting meeting of the year next week. Contracts on the S&P 500 gained. Earlier, the blue-chip index closed out the regular session in the red after three consecutive days of gains, […]
Stock futures opened relatively flat on Wednesday evening, though sustaining gains posted by a three-day recovery rally that was led by cooled investor concerns around the Omicron variant. Dow futures inched up 0.02{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, while contracts on the tech-focused Nasdaq Composite ticked up 0.10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. All major indexes closed up, with the […]
Stock futures opened higher Tuesday evening after a technology-led rally during the regular trading day, as investors looked through concerns over the Omicron variant and a potential policy pivot by the Federal Reserve. Contracts on the Nasdaq Composite opened in the green. Earlier, the index closed higher by more than […]