Central Bank Liquidity Swaps: How Global Dollar Funding Works
Central bank liquidity swaps provide foreign central banks with dollars during market stress. Here is how swap lines, pricing, and collateral mechanics work.
Bruno M.
Kyndryl Closes $1B Senior Notes to Refinance 2.05% Debt
Kyndryl closed a $1B dual-tranche senior notes offering to repay $700M of 2.05% debt due in 2026, navigating higher interest rates to extend maturities.
Nvidia Expands Buyback Program With $150B Authorization
Nvidia expanded its share repurchase program by $150 billion, raising total remaining authorization to $235 billion through fiscal 2028.
Mortgage Points Explained: Discount Points, Math & Tax Rules
Learn how mortgage discount points work, calculate your exact break-even timeline, and understand IRS and CFPB rules before buying down your rate.
Sabre Closes $1.35B Notes and Multi-Tranche Debt Tender
Sabre closed a $1.35B senior notes offering due 2032 to refinance 2029 debt, cutting coupons by up to 125 bps and extending maturities by three years.
Vail Resorts Net Income Falls to $147.5M as Pass Units Drop 12%
Vail Resorts posted fiscal 2026 net income of $147.5M, down 47%, as record-low Western snowfall cut skier visits and early 2026/27 pass units fell 12%.
Margin vs. Cash Accounts: How Leverage and Margin Calls Work
Understand how cash accounts differ from margin accounts, including Reg T rules, leverage risks, margin call mathematics, and tax treatment of interest.
AMD to Acquire World Labs for $8.2B in All-Stock AI Deal
AMD agreed to acquire spatial AI startup World Labs for $8.2 billion in common stock, leveraging its $1T valuation to avoid debt in a high-yield market.
MongoDB CEO CJ Desai Exits for Meta; Dev Ittycheria Returns
MongoDB CEO CJ Desai has stepped down to join Meta. Former CEO Dev Ittycheria returns as interim chief as MongoDB reaffirms FY2027 guidance.
SOFR vs. Fed Funds Rate: Secured vs. Unsecured Benchmarks
Understand the key differences between SOFR and the Fed Funds Rate, from collateral and calculation methods to how they drive lending and policy.