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Alex Ossola

👤 Speaker
9500 total appearances
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Podcast Appearances

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

It's 55-year-old Kevin Warsh.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Wall Street isn't sure what to make of Warsh yet.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Many are optimistic that Warsh will preserve the Federal Reserve's independence, even as they're also concerned he might be far from the easy-money kind of Fed chair that President Trump wants.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The conflicting views were reflected today by falling stocks, a rallying dollar, and the worst day for gold and silver in more than four decades.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Gold fell 11 percent and silver dropped 31 percent.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Warsh still has to be confirmed by the Senate, and the government's criminal investigation into current Fed Chair Jerome Powell might complicate that.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Republican Senator Tom Tillis of North Carolina said today that, though he considers Warsh a qualified nominee, he would oppose Warsh's confirmation until the Powell probe is resolved.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Coming up, are you trying to eat more protein?

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Fast casual restaurant chains want to help you with that.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

That's after the break.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

With just hours to go, the Senate is grinding toward a vote later today to fund the government.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

If it passes the Senate, it still needs approval from the House, which isn't expected to return until Monday.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

That means at least a brief partial shutdown of the government is likely.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Many Americans are obsessed with eating more protein.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The government now recommends that you eat a whole lot more of it.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

And restaurant chains like Chipotle and Starbucks are changing up their marketing and their menus to emphasize it.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

New protein refreshers, only at Dunkin'.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The companies are hoping that extra protein can help bring in more diners.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Market research firm Black Box Intelligence says restaurant traffic fell 1.9% last year.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Kelly Clunan covers corporate news for the journal and is here to tell us how protein became the new industry watchword.