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Friday marked worst day for Nasdaq of 2026, Google propping up SpaceX investment with $920M / month commitment for compute, astronauts on ISS okay after air leak scare, oil futures up on news of Israeli attack on Lebanon, jobs across Montana continue to fall, KPMNG survey shows only 26% of companies know their AI costs, pro mountain biker Carson Storch rebuilds trails in Bend.

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PNW Market Look

As of market close 6.6.26

Key Events This Week: (X)
1. May Existing Home Sales data - Tuesday
2. May CPI Inflation data - Wednesday
3. May PPI Inflation data - Thursday
4. OPEC Monthly Report - Thursday
5. MI Inflation Expectations data - Friday
6. MI Consumer Sentiment data - Friday

Headline Roundup

  • U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3% (CNBC)

  • ISS astronauts return to planned operations after air leak prompts NASA evacuation alert - as it happened (Reuters)

  • Fastest-Growing Companies, Lighthouse Award Winner: Smith Teamaker (PBJ)

  • An old T-Mobile data center in Bothell is now a fully leased life sciences building. Here's how a California investor pulled off the contrarian flip. (PBJ)

  • The Metric CFOs Struggle to Track: AI Usage (WSJ)

  • Alliance pays over $16M for Vulcan dirt, with 384 Renton units to start ‘immediately' (DJC)

  • McKinstry and Hermanson join team for $1.74B Harborview expansion (DJC)

  • Boise Airport receives $8.88M in federal grants for infrastructure upgrades (IBR)

  • Saint Alphonsus breaks ground on major Meridian project (IDP)

  • Building the Dream Vol 2. 'The Lair' Bend, OR (YT)

  • St. Charles cedes management of rehabilitation unit to Tennessee company; 12 employees impacted (BB)

  • Big solar tied to Meta data center needs comes online in Oregon (PBJ)

  • Environmental groups sue to stop 400 acres of logging in WA’s Elwha Watershed (WSS)

  • (MT) Job openings jump, but labor market stuck in 'low-hire, low-fire pattern' (NBCMT)

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Community Highlight

  • World Cup Seattle 2026: Everything you need to know off the field (ST)

  • Oregon Gov. Kotek sends chief of staff to head troubled state transportation agency, ODOT (KTVZ)

“Chris Warner, who has worked with Kotek since 2023, will serve as the Oregon Department of Transportation’s interim director until the agency finds its next director.

Before joining Kotek’s team, Warner held leadership roles at the Portland Bureau of Transportation for six years — including three as the local agency’s director. He previously worked as a legislative aide to former U.S. Rep. Peter DeFazio, who spent years as the chair or ranking member on the House Transportation and Infrastructure Committee, and a transportation adviser for former Gov. Ted Kulongoski. 

Warner will be leading a state agency that doesn’t know how it will fund basic road maintenance and operations at its current levels beyond the 2025-27 budget cycle. Last month, Oregonians overwhelmingly voted against hikes to the gas tax and other transportation fees that would have covered the agency’s budget shortfalls for the next decade. “

Rip’s Spotlight

‘Unexpected situation’: Tamarack’s mountain biking season on hold after windstorm  (VL)

“The resort discovered after the May 25 windstorm that damage to its Tamarack Express Chairlift will cost the resort about a month of its downhill mountain biking season. 

The resort’s lift-served downhill mountain biking trails and bike park will remain closed while the replacement lift tower is installed, with no uphill access allowed. The resort’s lifties and bike park staff remain employed during the closure. 

The resort is contracting with the lift manufacturer, Leitner-Poma of Grand Junction, Colorado, to complete the replacement. A crane will be used to hoist the new lift tower into place, Turlington said. “

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