WSJ What’s News
WSJ What’s News

A $140 Million BlackRock Loss Revives Private Credit Worries

January 30, 2026

AI Summary

5 min read

🎙️ The Voices & The Context

  • The Format: Fast-paced daily news briefing with top headlines, short reporter interviews, and quick global updates—think a PM edition snapshot of business, politics, and markets.
  • The Key Players:
    • Host: Alex Osola, delivering crisp reads on Wall Street Journal stories with promo plugs for subscriptions.
    • Guests: Matt Wirtz (WSJ credit reporter) on private credit risks; Kelly (WSJ reporter) on restaurant protein trends. Chemistry is professional and efficient—hosts tee up experts for bite-sized insights.
  • The Vibe: Educational and urgent, blending hard news intensity with light market analysis; a bit chaotic mirroring the "Washington whiplash" theme, but stays neutral and informative.

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What you'll learn

  • 1 (01:07) **Legal and Justice Headlines**
  • 2 (02:49) **🎙️ Private Credit Risks with Matt Wirtz**
  • 3 (05:28) **Trump's Fed Chair Pick: Kevin Warsh**
  • 4 (06:53) **Imminent Government Shutdown**
  • 5 (07:13) **🎙️ Protein Boom in Fast Casual with Kelly**
  • 6 (10:07) **Ukraine Energy Truce**
  • 7 (10:29) **Cuba Faces Oil Shortage**

+ Full timestamped outline available in the app

Show Notes

P.M. Edition for Jan. 30. A BlackRock fund surprised investors last week when it said that its net asset value declined 19%. Matt Wirz, who covers credit for the Journal, discusses why that’s reviving some fears around private credit. Plus, stocks fell, silver and gold plunged and the dollar strengthened after investors learned that President Trump picked Kevin Warsh to run the Federal Reserve. And fast casual restaurant chains like Starbucks, Chipotle and Subway are changing their menus and their marketing to lure diners with a hankering for protein. WSJ reporter Kelly Cloonan discusses what that could mean for their business. Alex Ossola hosts.


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