A derivative swap agreement is a contractual agreement between two parties that allows them to exchange cash flows based on a certain underlying asset or benchmark. This type of agreement is commonly used in the financial industry as a risk management tool, as it allows parties to hedge against potential fluctuations in the market. […]

The DC 37 union contract is one of the most significant labor agreements in New York City. It covers over 100,000 workers across multiple city agencies, including the Department of Education, the Department of Health, and the Department of Social Services. The contract, negotiated by the District Council 37 (DC 37) union, includes provisions […]