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MACROSTORY 588· JUNE 22, 2026

Former Olympic Canoeist David Hearn Charged in Reflecting Pool Vandalism; ActBlue Ties Emerge

David Hearn, a 67-year-old three-time summer Olympian, was charged with a misdemeanor for destruction of government property after he allegedly grabbed a hose from a National Park Service worker at Washington's Reflecting Pool on Saturday…

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Iran warns of retaliation if the United States follows through on attack threats

Iran has vowed retaliation if the United States follows through on threats of new attacks against the country. Retaliation, in diplomatic terms, means a counterstrike triggered by an adversary's action rather than a first move. Iranian…

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Prime Drink extends private placement and delays annual financial filing

A private placement, meaning a fundraise conducted by selling shares directly to a select group of investors outside a public stock exchange, is running past its original deadline at Prime Drink. The beverage company has extended that…

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31MACRO

Blackstone Private Credit Fund's payment-in-kind income held at 5.6% of total in second quarter

When a borrower skips a cash interest payment and hands the lender more debt instead, rolling what is owed back into the loan balance, that arrangement is called payment-in-kind, or PIK. Blackstone Private Credit Fund disclosed that PIK…

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