Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Stock markets fall and oil jumps as Middle East conflict...
Business & Finance

Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live

The Guardian Business Monday 08 June 2026, 06:47 UTC By Graeme Wearden 1 min read
Key Points

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%UK companies opting to hire temporary workers over permanent staff, recruitment firms sayBritain’s jobs market cooled rapidly in May after employers cut back on hiring permanent staff, a survey this morning shows. The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed permanent job placements fell at the fastest pace since July...

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%

Britain’s jobs market cooled rapidly in May after employers cut back on hiring permanent staff, a survey this morning shows.

The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed permanent job placements fell at the fastest pace since July 2025.

Continue reading...
Middle East (LOCATION) South Korea’s (LOCATION) KOSPI (ORG) sayBritain (ORG) KPMG (ORG) the Recruitment and Employment Confederation (ORG)
Originally published by The Guardian Business Read original →

Related Stories

What all 30 MLB teams must do before the trade dea...

This season's MLB trade deadline -- Aug. 3 -- is a little later than usual. Still, it's not too early in the season to begin pondering how teams might approach it. As we do with Stock Watch each June, let's take a look at how all 30 clubs are grouped in terms of postseason outlook, and what needs to happen between now and then to clarify each team's deadline status.

ESPN 1h ago

The World Cup will likely be the biggest gambling event in history

The 2026 FIFA World Cup is expected to be the biggest betting event in history — and the first to test the U.S. sports-wagering market at full scale. The tournament kicks off Thursday in Mexico City and will end about six weeks later at MetLife Stadium in East Rutherford, N.J. Between those two bookends, 48 teams will compete in 104 matches.

CNBC 1h ago

Social Security could face an automatic 22% cut in 2032. These 4 moves will protect your retirement.

The countdown to insolvency is accelerating — and the rules of retirement planning just broke.

MarketWatch 1h ago

Labour urged to ‘call time’ on the triple lock to cut welfare spending

Labour urged to ‘call time’ on the triple lock to cut welfare spending The cost of the state pension guarantee is ‘exorbitant’, researchers warn - Bookmark - CommentsGo to comments Labour has been urged to bring the triple lock state pension policy to an end to save millions in government spending, which could be used to tackle Britain’s youth unemployment crisis. New research from the influential Resolution Foundation think tank found the state pension is already the single largest driver...

The Independent UK 1h ago