The Overnight RateWho pays, who gets paid, what it costs you
The Overnight Rate
Where the money went while you slept.
Broadcom is guaranteeing the resale value behind a $63 billion chip lease to Anthropic, so the seller carries the risk. EQT's all-stock deal for Range builds a natural gas producer worth over $50 billion. Microsoft is paying staff to leave, with about 60,000 eligible. And Meta's $22.5 billion stock sale, with chipmakers lining up for up to $5.0 billion of it, lands on existing shareholders.
Money pages
- Savings and CD rates today The average savings and CD rates next to what a 3-month bill pays, in dollars.
- Treasury bills Latest auction results, what's coming up, and the two ways to buy.
- Credit card rates The Fed's average card APR, the prime rate, and what a Fed move does to a balance.
- T-bill vs. savings calculator Your after-tax return on each, with the state tax break counted.
Previous issues
- Brazil's crowded trade unwinds, and lenders get choosy about AI
Issue 034 · OCT 26, 2026
- Money runs to Treasurys as oil hits $113 and AI funding turns to the Gulf
Issue 033 · OCT 23, 2026
- Paychecks trail prices, and Meta outspends its cash
Issue 032 · OCT 22, 2026
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