Stock up your savings now if you want to enjoy retirement
Yes, Larry Fink really stepped in it when he started messaging woke Environmental Social Governance as the savior of mankind. But this column has always sought to put his career…
Who said what at the World Economic Forum (WEF)
People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. Denis Balibouse | Reuters The potential for generative artificial intelligence, when interest rates…
An ‘R.I.P.’ FOR ESG is near
ESG is on its last legs. How do I know this? Consider the actions of BlackRock, the big money manager and one of the initial and fiercest advocates of the…
How the Mideast is preparing for post-oil, EV era of transportation
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images When BlackRock, the world’s…
Bitcoin touches a 13-month high on optimism ETF will lift prices
Bitcoin touched a 13-month high on Thursday as the drumbeat for institutional bitcoin demand grew louder following comments from BlackRock CEO Larry Fink. The cryptocurrency was last flat at $30,548.68,…
Larry Fink doesn’t see a big recession this year, but expects inflation to stay higher for longer
Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022…
GOP opposition has ties to Trump allies, wealthy donors
A group of Republican state financial officers gathered last February at a Hyatt hotel in downtown New Orleans to take aim at one of the party’s corporate enemies: BlackRock CEO…
GOP lawmakers vilify ESG moves at BlackRock, Vanguard
Republican lawmakers who railed against “woke capitalism” in the 2022 midterm elections have taken tens of thousands of dollars in campaign donations from some of the same Wall Street money…
Davos is a Swiss ‘miss’ at solving world problems
Covering the World Economic Forum in that smallish village of Davos, Switzerland, is an odd affair. Big news should come out of the conference given its list of attendees —…
BlackRock cutting up to 500 jobs: report
Larry Fink’s BlackRock is cutting up to 500 jobs, Insider reported on Wednesday, citing a memo. Major financial firms in the US have been forced to reduce their headcount in…