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Bond markets are back in the spotlight as the 10 year Treasury pushes above 5%, oil trades over $100, and the Fed leans into renewed rate hikes. That mix is reshaping how risk is priced across equities and credit. Investors who understand which businesses are most exposed to this rate shock, and which might be positioned to handle it, can gain an edge. This article walks through 3 stocks from our fixed income screener that look most directly exposed to this news backdrop and explains how...
IG Group, the London-listed online trading platform, is taking an axe to hundreds of jobs just weeks after unveiling a $1.3bn deal to buy a major US-based prediction markets operator. Sky News has learnt that IG Group has told staff that a reorganisation of the company will result in a significant number of layoffs. In a memo to employees seen by Sky News, Michael Healy, newly appointed as the chief executive of IG Group's consumer division, said staff in countries including the UK would be informed in a first wave of discussions, which took place last month.
Underdog is surrendering fantasy sports licenses in seven states after choosing its CFTC-regulated prediction market business over Draft. IG Group’s acquisition model shows prediction markets ...
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