US government debt revealed, inflation hotspots and more: Wednesday's 5 things to know
U.S. national debt is closing in on $31 trillion after Congress spent at an amazing clip and borrowed before the pandemic. Stocks suffered the worst day in two years as inflation rises.
BlackRock CEO Larry Fink discusses inflation, ESG investing in the energy sector
BlackRock CEO Larry Fink discussed inflation issues and ESG investing in the energy sector Tuesday during a phone interview on "The Claman Countdown."
Texas demands documents from BlackRock, other financial service firms in ESG probe
A Texas state Senate committee has requested documents from investment giant BlackRock and other financial services firms in a probe into ESG practices.
BlackRock invests $700 million into Australian battery storage and renewable energy projects
BlackRock said Tuesday it would invest nearly $700 million into an Australian firm that creates battery storage and renewable energy projects.
Consumer group issues alert over BlackRock's woke crusade: 'No regard for American families'
Consumer's Research is warning residents of a dozen states to be wary of massive investment firm BlackRock over its environmental, social and governance (ESG) standards.
BlackRock launches spot Bitcoin private trust
The move comes as the world's largest asset manager has seen "substantial interest" from some institutional clients despite the digital asset market's recent downturn.
Blackrock warns of growing recession risk as Fed fights inflation
The Federal Reserve's "hawkish pivot" has raised the risk of an economic recession, according to BlackRock, the world's largest asset manager.
BlackRock plans first China ETF product this year
Currently, the U.S. firm manages overseas assets of a handful of China's large state-backed investors such as the country's sovereign wealth fund and national pension fund via offshore units, as all products sold are foreign-domiciled.
BlackRock dismisses 3 managing directors for engaging in 'coordinated' effort to quit
Steve Lessar, Konnin Tam and Veena Isaac worked for BlackRock's Private Equity Partners business.
BlackRock's Larry Fink says Ukraine war 'put an end' to globalization
BlackRock CEO Larry Fink says Russia's invasion of Ukraine "has put an end to the globalization we have experienced over the last three decades."
BlackRock's Larry Fink says U.S., allies will win 'economic war' against Russia
BlackRock chairman and CEO Larry Fink says the U.S. and its allies will win the "economic war" being waged against Russia over Vladimir Putin's attack on Ukraine.
Consumers' Research blasts BlackRock's Larry Fink for going 'all-in on China'
Consumers’ Research lit up BlackRock CEO Larry Fink in a new digital ad exclusively obtained by FOX Business that highlights his kowtowing to China.
Investing in BlackRock 'a clear conflict of interest,' hurts West Virginians, treasurer says
West Virginia Treasurer Riley Moore has pulled banking contracts from BlackRock over anti-energy concerns.
BlackRock CEO Larry Fink says stakeholder capitalism is not 'woke'
Larry Fink, BlackRock founder and CEO, defended his push for corporate America to adopt more climate-friendly policies, arguing that stakeholder capitalism is about turning a profit – not being "woke."
West Virginia dumps BlackRock fund over anti-energy stance
The state of West Virginia will no longer use a BlackRock Inc. investment fund due to the firm's push for climate-focused strategies that state Treasurer Riley Moore says threaten the state's economy
BlackRock investments in China: Consumers' Research warning consumers, governments
Consumers' Research, an educational nonprofit that shares consumer information, on Thursday morning sent a letter to 10 governors, warning them of investment management company BlackRock's ties to China.
Larry Fink’s BlackRock to benefit from government ESG push
A newly proposed rule by the Labor Department that could force U.S. companies to offer ESG funds into their employees’ 401K plans has promising implications for BlackRock.
BlackRock responds to Soros' criticism of its China investments
Hedge fund tycoon George Soros condemned Blackrock's recent billion-dollar investment in China in a Monday op-ed published by The Wall Street Journal.
BlackRock’s China blunder
President Xi Jinping's "Common Prosperity" program puts foreign investors in danger, seeking to reduce inequality by distributing the rich's wealth to the general population.
Hundreds of Alabama coal miners protest outside BlackRock's NYC headquarters
The United Mine Workers of America claim Warrior Met Coal's workers made numerous concessions totaling over $1.1B to help the company stay afloat and emerge from bankruptcy in 2016