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Private credit and the AI boom carry risks, but neither has the leverage or fragility that typically trigger a systemic crisis. Source link

The stock market’s most hated rally keeps getting stronger — and the tape is starting to look historically unusual. The Nasdaq Composite (^IXIC) is now riding a 13-day winning streak, a run it has matched only once in four decades. The Philadelphia Semiconductor Index (^SOX) has gained 13 days straight only one other time in…

Oil prices plunged on Friday after Iran’s foreign minister said the Strait of Hormuz was fully open to commercial traffic for the remainder of the 10-day ceasefire between Israel and Lebanon and President Trump said Iran had agreed to indefinitely suspend its nuclear program. Futures on Brent crude (BZ=F), the international pricing benchmark, fell as…

‘The Big Money Show’ panel discusses why small businesses are struggling. A Kansas-based restaurant group with several steak and seafood locations in Kansas, Missouri, Minnesota, Colorado, Virginia, Nebraska and Iowa, has filed for bankruptcy. 801 Restaurant Group LLC filed for Chapter 11 reorganization last Friday in U.S. Bankruptcy Court in Kansas, the company confirmed to…

President Donald Trump previously railed against the company for rejecting broad government demands. Source link

The project looks to be a build-to-suit, with no builder or architect attached. Kidder Mathews helped Overlake Christian Church sell its west parking lots in March, for nearly $15.5 million. The Redmond property at 9900 Willows Road N.E. was listed about two years ago. New owner G3 Partners of Kirkland…

Iran on Friday declared the Strait of Hormuz is open to commercial ships during the ceasefire between Israel and Lebanon, but confusion quickly emerged about whether the sea lane was really open without conditions. “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open…

Allbirds (BIRD) stock fell on Friday, capping a roller-coaster week for the company following its announcement that it’s shifting from a sustainable sneaker business to an artificial intelligence company. On Wednesday, the stock soared nearly 600% on news of the AI pivot. Then, on Thursday, the stock fell 35%, still a far cry from its…

The price of oil plunged sharply and two U.S. stock indexes hit all-time highs Friday, after Iran’s foreign minister said the Strait of Hormuz was open for commercial vessels. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil plunged 11.4% to $83.85 per barrel, its lowest…