Morning Bid: No let up from dollar, US yield squeeze
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A sea of red across most equity markets and no end in sight to the rise in the dollar and U.S. bond yields is the backdrop to what
Synthetic: Definition in Finance, Types of Assets
What Is Synthetic? Synthetic is the term given to financial instruments that are engineered to simulate other instruments while altering key characteristics, like duration and cash flow. Key Takeaways Synthetic is the term given to financial instruments that
Bakery franchise chain Crumbl explores $2 billion sale, sources say
By Abigail Summerville NEW YORK (Reuters) – The owners of Crumbl are exploring a sale that could value the popular cookie chain at nearly $2 billion, including debt, according to people familiar with the matter. The Lindon, Utah-based bakery franchise chain is
Markets can weather a ‘no landing’ scenario, Deutsche Bank says
Investing.com — Markets are struggling in the wake of a surging Treasury yields on fresh fears disinflation could be stalling even as growth remains solid, but Deutsche Bank (ETR:DBKGn) believes that markets can weather this ‘no landing’ scenario. “Recent
Castle Biosciences stock tumbles following guidance concerns
Investing.com — Shares of Castle Biosciences, Inc. (NASDAQ:CSTL) fell 14% today as investors reacted to the company’s preliminary performance results and a recent decision by Novitas that has implications for one of the company’s key products. Despite reporting that it