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SoftBank Credit Risk Rises As Firm Mulls $20 Billion Bond Sale For OpenAI Stake
SoftBank Credit Risk Rises As Firm Mulls $20 Billion Bond Sale For OpenAI Stake
SoftBank Group's 8.5% notes due 2036 fell as much as 2.5 cents to about 98 cents on the dollar after Bloomberg reported that Masayoshi Son's conglomerate is considering a $10 billion to $20 billion bond offering, prompting traders to price in additional leverage and supply risk as the investment firm plans to refinance the massive bridge loan backing its OpenAI investment.
Sources familiar with SoftBank's plans said the potential bond offering could be denominated in dollars and...
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Apr 8, 2026 / Tyler Durden
Raising A Child Now Costs About $303,000: Study
Raising A Child Now Costs About $303,000: Study
Authored by Jill McLaughlin via The Epoch Times,
Parents who start raising a child in 2026 will spend around $303,418 from birth to 18 years old, according to a study published April 6 by Lending Tree. The cost increased 1.9 percent from last year.
The average annual cost works out to about $16,857 over 18 years, pushing this year’s estimate over $300,000 for the first time since Lending Tree began calculating it in 2023, the online loan marketplace reported.
Hawaii is the most expensive state to...
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Jul 16, 2026 / Tyler Durden
Ex-Fed Adviser Sentenced To 38 Months For Passing Sensitive Info To China
Ex-Fed Adviser Sentenced To 38 Months For Passing Sensitive Info To China
Authored by Frank Fang via The Epoch Times,
A former senior Federal Reserve official has been sentenced to more than three years in prison for lying to federal investigators about sharing sensitive economic information with Chinese intelligence operatives.
The Department of Justice in Washington on March 11, 2026. Madalina Kilroy/The Epoch Times
John Harold Rogers, 64, was senior adviser for the international finance division of the Federal Reserve Board of Governors, the main governing body for the U.S. central bank, from...
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Aug 15, 2026 / Tyler Durden
Record Highs: Should You Chase The Rally?
Record Highs: Should You Chase The Rally?
Authored by Lance Roberts via RealInvestmentAdvice.com,
Pinned and Stretched
There is nothing bearish about the tape, and the overall trend could not be much cleaner. The S&P 500 sits above every major moving average and above a rising 200-day line it has not closed beneath since April. That is a healthy, intact uptrend, and it deserves respect. The problem is not the direction, but the distance from the longer-term trend, which is more concerning. As is always the case, deviations above the long-term trend eventually “revert...
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