US stocks sink 3.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to close in bear market as inflation fears mount

US shares closed in a bear market on Monday soon after a dramatic late-session promote-off, while govt bond yields soared, with buyers unnerved about stubbornly higher inflation and the prospect…

Stocks slide as inflation, rate hike jitters mount

U.S. stocks traded sharply lower Monday, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to help…

FCA hires law firms and headhunters as staff vacancies mount

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…