LLJ Ventures Defaults On $10M Loan

LLJ Ventures defaults on $10M loan for Chicago property LLJ Ventures has defaulted on a $10 million loan for a Chicago property. The loan was taken out in 2015 for The Armitage Collection, a 33,000-square-foot property in Lincoln Park. The special servicer, Midla

Grail Shares Rise 14% On Earnings Report

Grail shares rose 14% this week on earnings report Grail shares increased 14% this week due to its first-quarter earnings report. The company's stock is down 28% this year following disappointing trial results. The trial showed a substantial increase in early can

Bitcoin Holds Above $80,000

Bitcoin stays above $80,000 into weekly close Bitcoin preserved its $80,000 level over the weekend, avoiding a drop below this key price point. The cryptocurrency had previously reached near $83,000 but was unable to hold this level. Traders now expect a retest o

US Consumers Face Rising Inflation

Consumer price index expected to rise 0.6% in April A sharp increase in the consumer price index is anticipated for April, with a 0.6% rise expected. This follows March's biggest monthly advance since 2022. Gas prices have surged over 50% since late Februar

AMD Gains Ground in AI Chip Market

AMD ranks third in AI and data center stock picks Advanced Micro Devices (AMD) is making strides in the AI chip market, with a strong position as a second option to Nvidia. The company's products are used in systems that train and run artificial intelligence, with its