US equities slumped more than 2 per cent on inflation fears caused by CPI data

US stocks suffered their worst losses in months and government bonds also fell after government data showed the US inflation rate jumped to a 13-year high, and the Colonial pipeline has resumed operations following last week’s ransomware attack. Plus, the FT’s Taylor Nicole Rogers discusses a labour shortage in the US that is making it hard for employers to find enough workers as the economy opens up. 


Wall Street ends lower as inflation debate intensifies

https://www-ft-com.ezp-prod1.hul.harvard.edu/content/fd3abbb8-955a-46b3-bc45-9a4fb7b95265


Colonial pipeline resumes operations following ransomware attack

https://www-ft-com.ezp-prod1.hul.harvard.edu/content/b6ac99ea-d7c6-49dd-b7d7-1284ce2e85c0?


US employers struggle to find willing workers after pandemic year

ft.com/content/52ecab21-c90d-4ee7-be7f-612da5355c77



See acast.com/privacy for privacy and opt-out information.

A transcript for this podcast is currently unavailable, view our accessibility guide.

Get alerts on FT News Briefing when a new story is published

Copyright The Financial Times Limited 2021. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Comments have not been enabled for this podcast.

Follow the topics in this podcast