Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from BlackRock

ASX rallies to five-week high on hopes US inflation numbers will show rate rises working — as it happened

The ASX and Wall Street rally as investors hope that US inflation has cooled and will prompt the Fed to scale back its interest rate rises. Look back on the day's events and insights from our business reporters on the ABC News live markets blog.

ABC News

Kentucky threatens to divest from 11 banks over ESG policies

On January 2, Kentucky State Treasurer Allison Ball (R) issued a statement notifying 11 banks that their ESG policies amounted to energy boycotts that harmed the state’s economy according to definitions passed into law last spring. The statement says the banks have 90 days to stop what Kentucky argues are…

Ballotpedia

America might just do the impossible and avoid a recession, according to top economist Mark Zandi

Moody’s chief economist says a “soft landing” for the U.S. economy is in the cards. But BlackRock’s Rick Rieder warns, “Policymakers’ ability to stick this landing for the economy and markets is still very much up in the air.”

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

If you think your company isn't a software company, you're mistaken, according to McKinsey

Traditional companies realize they must look, think, and act like a software company to stay competitive, research finds.

Fortune

Vanguard: 60-40 Investment Portfolio Isn't Dead

Conventional wisdom has it that your baseline portfolio should contain 60% stocks and 40% bonds.

The Street

The GOP war on green investing

From the U.S. House to state governments, the GOP takes aim at pro-climate finance strategies

Salon

Federal opposition to ESG in 2023

From state treasurers divesting pension and operating funds from BlackRock and other ESG providers to state attorneys general investigating the same providers over the impact of ESG on assorted policy matters, state officials led the pushback against environmental, social, and corporate governance investing in 2022.

Ballotpedia

Read news from The Economist, FT, and more,
with one subscription

Business trends, risks and people to watch in 2023

What to look for this year in the corporate world in sectors from energy to private capital and technology

Financial Times

BlackRock Stock Shows Rising Relative Strength

BlackRock sees its Relative Strength Rating enter the 80-plus level.

Investors Business Daily

Republicans ramp up anti-ESG campaign for 2023

The investing strategy known as ESG is under attack, and virtually no one expects the backlash to die down.

Tribune News Service

Editorial: Economic downturns hurt Americans. They can kill Somalis

Federal Reserve Chair Jerome Powell kicked off the holiday season with another interest-rate increase. He also lit the fuse for a sell-off in the stock market by telling the world, “We have more work to do,” signaling additional rate hikes in 2023. A year-end “Santa Claus Rally” could still materialize,…

Chicago Tribune

AT&T, BlackRock To Form Joint Venture Expanding Fiber-Optic Network

AT&T and BlackRock have agreed to form a joint venture that will expand fiber-optic network services outside AT&T's current wireline footprint.

Investors Business Daily

Amex, Wells Fargo Make Morningstar List of Best Stocks

Morningstar created a list of the best stocks to own. Here are 10 of its choices in the financial services sector.

The Street

Republicans map out their agenda on ESG and antitrust

The Republican Party’s majority in the House of Representatives will take office in January, and some members and committees have already started laying out their ESG agendas for the new Congress. Among those are members of the Judiciary Committee, who have indicated that they would like to understand better how…

Ballotpedia

Get all your
news in one place.

100’s of premium titles.
One news app.

Fortune

The ESG investment craze might be over

ESG investments are coming under greater scrutiny, and some analysts say the acronym’s days are numbered.

Investors Business Daily

5 Unlucky Investors Loaded Up On Year's Worst Stocks

Few investors can hit all the year's best S&P 500 stocks. But some were unlucky enough to own big stakes of the worst.

Investors Business Daily

Investing 2022: Painful Or Profitable?

Was investing 2022 a nightmare or did smart investors find strategies with options, short-selling and bond ladders to profit in a tough year?

Ballotpedia

Voters approved 71% of constitutional amendments on the ballot in 2022

Welcome to the Friday, December 16, Brew.

Get all your
news in one place.

100’s of premium titles.
One news app.

Axios

Dept. of Labor ESG rule targeted by GOP Congressmen

The move is one of many steps top conservatives are taking to dismantle financial ESG policies.

The Texas Tribune

GOP lawmakers accuse investment firms of breaking a law that prohibits divesting from oil and gas

At a senate committee hearing in Marshall, Texas Republican lawmakers accused investment firms of pulling back on fossil fuels, running afoul of a 2021 law that prohibits the state from contracting with or investing in companies that “boycott” oil, natural gas and coal companies.

Investors Business Daily

10 Tesla Investors Lose $132.5 Billion From Musk's Twitter Fiasco

Tesla investors are growing tired of Elon Musk's Twitter fiasco. And for good reason.

Ballotpedia

Vanguard announces exit from net zero climate investment alliance

On December 2, the Federal Reserve’s board of governors released its proposed rule on climate risks for big banks, including its proposed environmental stress tests. The board asked for public comments:

The Street

BlackRock Sees Recession Coming, Offers View on Stocks

'Central banks [are] pushing policy rates up to levels that damage economic activity,' BlackRock said.

The Street

BlackRock, Vanguard ESG Policies Get Political Pushback

Right-wing politicians are pushing back against the new environmental, social and corporate governance (ESG) investment policies of the world's largest asset managers.

Salon

Wall Street reneges on climate promises

Vanguard, the world’s second-largest asset manager, announced it is resigning from a global net-zero initiative

1 … 19 20 21 22

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

House of Representatives

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.