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.
Market Education
Learn how stocks, bonds and capital markets work. Explore plain-English explanations, worked examples and charts, then follow related coverage to connect market concepts with current events. Find your way around ECMSource.
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.
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.
Fox Factory Sells Marucci for $225M, Cuts Leverage to 2.7x
Fox Factory completed the $225 million sale of Marucci Sports, applying $200 million in closing cash to debt and reducing net leverage from 3.7x to 2.7x.
Brokered CDs vs. Bank CDs: How Liquidity and FDIC Rules Differ
How brokered CDs and bank CDs differ across secondary trading, interest rate risk, call provisions, early withdrawal penalties, and FDIC insurance rules.
Titan Sells ITM Undercarriage Unit for Up to $285M
Titan International agreed to sell its Italtractor ITM unit to USCO S.p.A. for up to $285M, reallocating capital to debt paydown and core wheel operations.
Mortgage Amortization: How Payments and Schedules Work
How mortgage amortization schedules work, from monthly payment math and principal reduction to 30-year vs. 15-year terms and paydown acceleration.
Lumen Transfers Listing from NYSE to Nasdaq in AI Strategy Shift
Lumen Technologies will transfer its common stock and Qwest notes from the NYSE to Nasdaq on Oct. 6, 2026, aligning its listing with its enterprise AI shift.