BlackRock CEO says Social Security's retirement age 'a bit crazy' as crisis looms
BlackRock CEO Larry Fink issued a warning about the fiscal crisis facing Social Security in his annual letter to investors, saying the retirement age should be re-assessed.
BlackRock pushes back after Texas withdraws $8.5 billion investment
BlackRock pushed back on Texas' decision to pull a roughly $8.5 billion investment for its Permanent School Fund from the asset manager over an alleged boycott of oil and gas companies.
BlackRock says 'mega forces' like AI, green energy transition are sparking structural economic changes
Massive financial asset manager BlackRock is warning that major forces, like artificial intelligence and green energy, are driving change across the economy.
Spot Bitcoin ETFs approved by SEC
The SEC is approving for the first time Bitcoin spot ETFs for trading, the move is considered a game-changer for cryptocurrency investors big and small.
BlackRock layoffs coming as firm matures, ESG pullback and Bitcoin ETF approval
Money management firm BlackRock plans to announce layoffs of about 3 percent of its global workforce in the coming days, totaling about 600 employees.
BlackRock, State Street face subpoenas in House ESG probe
The House Judiciary Committee announced Friday that leading asset managers BlackRock and State Street will face subpoenas amid the panel's investigation of ESG investing.
Nikki Haley vows China won't 'threaten or intimidate' American businesses under her administration
Nikki Haley told Fox News Digital that, should she be elected president, she won't allow China to "threaten of intimidate" American businesses,
BlackRock CEO Fink: ‘World needs to get back its moral compass’
BlackRock CEO Larry Fink said in appearance on "The Claman Countdown" that the "world needs to get back its moral compass" in the wake of Hamas' terror attack on Israel.
Blackrock CEO Fink weighs in on Bitcoin ETF rumor
A false rumor rippled through the crypto world on Monday, sending Bitcoin prices higher after a report said the SEC had approved BlackRock's Bitcoin ETF application. CEO Larry Fink weighs in.
BlackRock's third-quarter profit rises as investors flock to its funds
On an adjusted basis, BlackRock earned $1.64 billion, or $10.91 per share, for the three months ended Sept. 30, from $1.45 billion, or $9.55 per share, a year earlier.
BlackRock’s Rick Rieder says the Fed will cut interest rates in 2024
BlackRock's Rick Rieder told FOX Business' Liz Claman he sees the Fed raising interest rates one more time before holding steady and then cutting rates in the second half of 2024.
Vanguard joins BlackRock in rejecting more ESG proposals from shareholders
Mutual fund giant Vanguard reported Monday it has rejected 98% of the environmental and social proposals brought by shareholders this year, joining BlackRock in cutting ESG.
BlackRock turned down record number of climate proposals amid inflation, ESG pushback
BlackRock, which manages trillions of dollars in investments worldwide, turned down the vast majority of climate and social proposals it faced during the most recent voting season.
BlackRock, MSCI being investigated by House Select Committee on China
The House of Representatives’ Select Committee on the Chinese Communist Party filed a letter Monday announcing a probe into asset management titan BlackRock.
GOP attacks Blackrock as Fink pivots on ESG
Congressman Bill Huizenga (R-MI), today sent letters to ten of the largest asset managers requesting how the investing giants balance their ESG initiatives with investor returns.
BlackRock gives proxy vote to retail investors of its biggest ETF
On Monday, BlackRock announced that U.S. retail investors of its largest exchange-traded fund will now have an opportunity to cast a proxy vote in the 2024 voting season.
BlackRock's Bitcoin spot ETF will ‘democratize’ crypto: CEO Larry Fink
BlackRock CEO Larry Fink says investors are at a disadvantage without a proper Bitcoin exchange-traded-fund and his firm is hoping the SEC will feel the same way.
BlackRock's Larry Fink on why he won't mention ESG anymore: 'It's been weaponized by left and right'
BlackRock asset management CEO Larry Fink sounded off on 'The Claman Countdown,' saying he will no longer use the term ESG due to its hyper-politicization.
PacWest sells loan portfolio for over $3.5B
PacWest Bancorp confirmed on Monday the sale of a $3.54 billion loan portfolio to asset firm Ares Management after the LA-based bank began selling real estate loans in May.
Republican attorneys general move to block BlackRock’s ESG push
More than a dozen Republican state attorneys general filed a motion with a key federal energy regulator seeking to block BlackRock from pushing an ESG agenda on utility companies.