BlackRock

Markets

Vanguard names BlackRock veteran as CEO: WSJ

Vanguard, the firm founded by John C. Bogle, may soon appoint the first outsider to be CEO in its 50-year history.

Markets

Bitcoin ETF blowout wows even BlackRock's Larry Fink

Spot bitcoin ETFs are on fire, with investors pouring billions into the funds — surprising even the most seasoned Wall Street bigwigs, such as BlackRock CEO Larry Fink.

Markets

BlackRock CEO Larry Fink tells a 'tale of two parts of the economy'

No S&P bubble, but more rate hikes? BlackRock CEO Larry Fink details a market with large-cap momentum but looming Federal Reserve and macroeconomic uncertainty.

Economy

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.

Politics

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.

Politics

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.

Markets

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.

Economy

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.

Politics

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.

Politics

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,

Markets

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.

Markets

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.

Markets

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.

Markets

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.

Markets

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.

Politics

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.

Politics

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.

Politics

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.

Markets

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.

Markets

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.

news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news