CDS to hedge private credit, Pentagon to use Google AI, GM, Ford & Oshkosh, DeepSeek to raise $300M, Live Nation monopoly, commodity currencies surge, Cartes Bancaires for EU, Schroders sold to Nuveen

This Business and Finance Weekly Deep Dive details the collapse of the U.S. private credit market and the financial struggles of companies like Spirit Airlines and Barry Callebaut amid rising energy costs from the Iran war. It tracks an intensifying AI infrastructure race involving major players like OpenAI, Anthropic, and Google, alongside a notable shift in U.S. defense strategy that leverages commercial automotive manufacturing for weapons production. The updates also cover major corporate mergers and legal battles, including the historic sale of Schroders and an antitrust ruling against Live Nation. It describes regulatory changes in the U.S. stock market and international efforts in Europe and Asia to reshape payment systems and digital currencies.