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Today In Retail: Bed Bath & Beyond Completes Sales Of Cost Plus World Market; Starbucks To Help Out Washington State With Vaccine Distribution

PYMNTS

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm. Bed Bath & Beyond Inc.

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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). More importantly, the bank’s held-to-maturity (HTM) securities portfolio was $91.3B

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Report: Washington Post’s Arc Publishing On Delivering Digital Payments Choice

PYMNTS

The trouble then becomes how to maintain and manage payment systems that use multiple payments integrations at once. Researchers are also predicting that the global demand for such integrations will likely drive double-digit market growth over the next five years. percent through 2025, when it is expected to total $42.9

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Understanding US Market Returns in Presidential Election Years

TrustBank

Recently, many of our clients in Wealth Management & Advisory Services have been understandably curious about how this year’s elections might affect market returns. Putting aside the partisan noise, I decided to take a closer look at US market performance during presidential election years since 1980.

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Square Partners With Washington Nationals To Offer In-Seat Concessions

PYMNTS

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Fans can use the Square-owned Caviar app and the Square POS terminal to order everything from food to beer and wine while enjoying the game from the stands.

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Dynamic Hedging and Washington Trust Bank

TrustBank

After a strong surge off the market’s March 23 rd low, volatility returned to the markets last week. Practitioners of this strategy believe that trading in and out of positions in response to daily market gyrations increases costs, reduces returns, and is almost guaranteed to undermine an investor's long-term objectives.

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IMF Managing Director Sounds Brighter Economic Tone

PYMNTS

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said in remarks prepared for delivery Tuesday (Oct. The picture today is less dire,” she said, speaking from Washington, D.C., Emerging markets and low-income and fragile states continue to face a precarious situation. They have weaker health systems.