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Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October.
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Americans stuck in the Middle East recount finding their way home with little government help AP NewsState Department Is Accused of Slow Assistance in Iran War for Americans Abroad The New York TimesIran, US war news, today: Chicago barber Axel Ramos stranded in Dubai, says has not heard from US government amid deadly strikes ABC7 Chicago
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Gold and silver rose after weak jobs data were reported, but still finished lower for the week.
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Private Debt Should Face ‘Full-Blown Default Cycle,' Pimco Says Bloomberg.comRetail private credit is an unsolvable problem Financial TimesPrivate Market Titans Warn of Pain as Credit Cracks Widen Yahoo FinanceOaktree's Howard Marks says there's no systemic problem with private credit CNBC
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Wall Street was on track to open lower again Friday as oil prices continued to climb, hitting the highest level in nearly two years less than a week since the U.S. and Israel began bombing Iran, one of the world's top oil producers.
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Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value
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