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A Columbia economist explains how the Iran war could hurt an already-fragile private credit market

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Blue Owl Capital Brendan McDermid/Reuters Columbia economics professor Brett House says the Iran war poses risks to private credit. The industry is already in a tenuous position amid a run of redemption requests. House says he's worried about slowing economic growth and tightening macro conditions. The Iran war's immense impact on markets hasn't eased up in recent days. Tensions spiked anew on Thursday, pushing oil sharply higher and stocks lower . But Brett House, an economics professor at Columbia, is focused on a different part of the market: private credit. He sees a convergence of conditions that could further compromise the already-fragile industry. "I'm concerned about the possible imbalances, bubbles and weaknesses that may exist in private credit markets, which are opaque and do not price and mark to market on a regular basis to ensure easy monitoring of those imbalances," House told Business Insider. He continued: "The combination of...
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Best Peacock promo codes we've tested in April 2026

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When you buy through our links, Business Insider may earn an affiliate commission. Learn more Peacock is touting 15,000 hours of on-demand content at launch. Peacock Update: After scouring the internet for Peacock promo codes, we've found no active coupons at this time. We'll continue to keep an eye out for new discounts and update this page accordingly, so keep checking back. In the meantime, you can learn more about saving with Peacock's annual plans and bundles below or head back to checkout . Over the years, Peacock has proven its worth as one of the best streaming services , thanks in no small part to its always-expanding slate of content, from network classics to new streaming originals. Fans of NBC mainstays like "Parks and Recreation" and "Law & Order: SVU" will find lots to love on the NBCUniversal app, but there's also a treasure trove of content for reality TV and sports fans. Peacock offers a variety of plans to fit any type...
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I tried Shake Shack's new Clubhouse Pimento Cheese menu. It puts a fun spin on a classic Masters snack.

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The Clubhouse Pimento Cheese Burger and the Clubhouse Pimento Cheese Chicken Sandwich. Gabbi Shaw/Business Insider Shake Shack debuted a new menu on March 31: the Clubhouse Pimento Cheese menu. It includes two new sandwiches and a new side for the chain's chicken bites. I tried the new items and left with a new pimento obsession. Little did I know that when I walked into the Shake Shack Innovation Kitchen on a March afternoon, I'd be walking out with a new favorite food: pimento cheese. As a lifelong New Yorker (with a brief interlude in New Orleans, where I somehow missed pimento cheese in favor of other Southern staples), I don't have much experience with this spread (or dip), which is traditionally made with cheese, mayonnaise, and pimento peppers. However, as I learned during my visit to try Shake Shake's new Clubhouse Pimento Cheese menu, it's a huge deal in the Southern US. In fact, it's been called the caviar of the South. You may be asking: ...
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We bought a family business for $40,000 and moved to Boise. We are raising our daughter to know it's OK to take risks.

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Heather Schoonover and her husband bought a family business for $40,000. Courtesy of Heather Schoonover Heather Schoonover and her husband, Levi, own two businesses and rental properties in Idaho. While it's busy, they say it allows them to spend more time together. She says running a mom-and-pop shop made them interested in trying a franchise. This as-told-to essay is based on a conversation with Heather Schoonover , owner of Painting With a Twist in Boise. It has been edited for length and clarity. Three years ago, my husband Levi got a call from family. His uncle had died, and the family was preparing to sell his business , which produced trophies and medals. They just wanted to be rid of it and were going to sell it for about $40,000. That was less than the truck we were considering purchasing. And unlike a truck, the business was something we hoped would appreciate in value. So, Levi and I loaded into a half-finished 1957 Airstream trailer and moved seven hours ...
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YouTube CEO says the best YouTubers will ‘never leave their home’

CEO Neal Mohan insisted that he isn’t worried about Netflix luring away YouTube's most popular creators. from TechCrunch https://ift.tt/adQs9jp via IFTTT
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‘Project Hail Mary’ becomes Amazon MGM’s biggest box office hit

Amazon’s bet on “Project Hail Mary” has paid off handsomely. from TechCrunch https://ift.tt/afHR0Gk via IFTTT
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I love Disney with my kids — but going without them is even better in some ways

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The author and her husband got married in Disney World. Courtesy of Disney PhotoPass I was able to do a lot less planning and had more room for spontaneity on our kids-free Disney trip. Our priority was food, and our plans revolved around delicious bites and sips. GEO-82: Lounge and dinner at EPCOT's Takumi-Tei were kid-free experiences we would happily repeat. I love visiting Disney World with my kids — seeing that first Mickey hug, the hysterical photos from Tower of Terror, their amazement at the castle lit up by sparkling fireworks. But, I also love visiting kid-free — trips for work, solo trips, with friends, and as a multi-day date with my best friend. My husband and I bundled up for a late January visit and four days of experiences geared toward adults . The Swan Reserve was the perfect resort for cocktails, late nights, and strolls to the parks One of the newest hotels at Walt Disney World, the Swan Reserve is bright, airy, and very kid-friendly. The one-b...
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