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BlackRock’s Larry Fink sounds off on investors expecting huge Fed rate cuts

BlackRock CEO Larry Fink told investors Tuesday. It would be a mistake to think that the Fed will cut rates significantly later this year because billionaire money men believe the U.S. economy will continue to grow. Mr. Fink dismissed market expectations for further rate cuts through the end of the year after Powell cut interest […]

BlackRock’s support of ESG resolutions falls to record low

Rick Rieder, CIO of Global Fixed Income at BlackRock, offers up some key investment advice on The Claman Countdown. BlackRock, the world’s largest asset manager, appears to be moving further away from environmental, social and governance (ESG) initiatives. Of the roughly 500 ESG-related proposals submitted by shareholders during the 2023-24 meeting season, only 4% were […]

Bitcoin ETF blowout wows even BlackRock’s Larry Fink

BlackRock Chairman and CEO Larry Fink discusses the economic outlook on “Craman Countdown.” BlackRock CEO Larry Fink, who runs the world’s largest asset manager with $10 trillion under management, is used to things getting bigger. Still, the explosive growth of the company’s Spot Bitcoin exchange-traded fund in particular caught even veteran Wall Street executives off […]

BlackRock’s CEO criticized for calling 65 a ‘crazy retirement age’

BlackRock CEO Larry Fink shared his thoughts on how to rethink the economic crisis of many people finding it harder to retire. “No one should have to work longer than they want to. But I do think it’s a bit crazy that our anchor idea for the right retirement age, 65 years old,” Fink said […]

Why Satoshi Nakamoto is smiling at BlackRock’s embrace of Bitcoin – Fortune

The number of monthly active open source developers in the crypto space has decreased by a quarter, according to a new report. Photo illustration: Fortune Original photo from Getty Images The SEC’s recent decision to approve nearly a dozen Bitcoin ETFs was hailed as a major victory for cryptocurrencies. But not everyone does that. On […]

BlackRock’s Bitcoin ETF wins approval

Ark Invest CEO Cathie Wood has responded to a hacker who posted an endorsement for a Spot Bitcoin ETF on “The Claman Countdown.” After years of hitting a wall, the Securities and Exchange Commission has finally approved a physical Bitcoin exchange-traded fund, making the cryptocurrency more accessible to Main Street investors, Commissioner Gary Gensler said […]