Silla Brush

BlackRock Inc. criticized Texas’s decision to divest $8.5 billion from the asset manager’s funds, calling the move “reckless” and detrimental to the finances of the state’s schools and families.

Young people “have lost trust in older generations,” Fink wrote. “The burden is on us to get it back."

(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said the US public debt situation “is more urgent than I can ever remember” and that the country needs to adopt policies to spur economic growth. Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionBiden Gains Ground Against Trump in Six Key States, Poll ShowsVital Baltimore Bridge Collapses After Being Struck by ShipAf

(Bloomberg) -- BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm of making “fraudulent” statements regarding its climate strategy.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump Vows to Pay Fraud Trial Bond Cut by 68% to $

Bluebell Capital Partners is escalating its activist campaign against BlackRock Inc. with a shareholder proposal to bar Larry Fink from serving as both chief executive officer and chairman.

BlackRock Inc. unveiled incentive awards for its next generation of leaders as part of succession planning at the world’s biggest asset manager.

BlackRock Inc. Chief Executive Officer Larry Fink said he expects the Federal Reserve to cut rates twice at the most this year, and that it will be difficult for the central bank to curb inflation.

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The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out to make sure the asset management giant gets a share

Bond powerhouses including Pacific Investment Management Co., BlackRock Inc. and Capital Group are dangling the prospect of 5% yields to convince investors it’s time to plow more assets into actively managed fixed-income funds. Clients are paying attention.