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Finance News
Stock Of The Week: Expert Opinion On What Stock To Watch
Experts share their opinions to help with your investment decisions.
US: Inflation Fears Push 2-Year Treasury Rate To Highest Level Since 2007
On Monday, US Treasury yields surged, led by short-term rates, as traders responded to last week’s data on inflation and considered the possibility of a recession hitting the nation.
US Inflation Jumped To 8.6% In May
According to the Bureau of Labor Statistics, US inflation accelerated further in May, with prices up 8.6% from a year ago. This is the fastest increase seen since December 1981 and exceeded the 8.3% Dow Jones estimate for the month.
UK Firms Hit By Challenging Hiring Crunch
According to a new survey, firms in the UK are being forced to reconsider their plans for growth as they struggle to recruit new staff amid a challenging hiring crunch.
Petrol Prices See Biggest Daily Jump In Almost Two Decades
On Tuesday, the average price of petrol in the UK saw its biggest daily jump in 17 years as it rose by over 2p per litre.
