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 of intense financial tightening by central banks. Wall Street’s equities benchmark S&P 500 slid 3.9 per cent in New York […]
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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 ease rising prices. The Nasdaq fell as much as 4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in morning trade, while the S&P 500 dropped over 3.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} […]
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 […]