Because banks receive favorable capital treatment when a credit facility’s tenor is shorter than one year, lenders increasingly offer financing with 364-day tenors and uncommitted extension option ...
Thanksgiving is a joyous time centered around family, food, and of course, giving thanks. With life seemingly becoming faster paced by the day—whether that be due to technological advances or simply ...
PROVIDENCE – What difference would it makes to change the legal definition of "one year" to "364 days" in state law in the Trump era? All the difference in the world, according to advocates for Rhode ...
Happy New Year! It’s been a little over 24 hours since the clock struck midnight on Jan. 1, 2026. Now what? We have let go of 2025 and today we wonder what 2026 will bring. The season’s celebrations ...