The Latest Breaking News from BlackRock

The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments

Activists and US legislators say banking summit being used to legitimise the dismantling of city’s freedoms.

WASHINGTON — Institutional investment firms and activist asset managers are amplifying their message to congressional and state lawmakers: Stop equating environmental, social and governance investing with a political agenda.

As states restrict investment based on ESG, asset managers of all sizes say they are not pursuing a political agenda.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

A whale with a lot of money to spend has taken a noticeably bearish stance on BlackRock. Looking at options history for BlackRock (NYSE:BLK) we detected 26 strange trades.

BlackRock (NYSE: BLK) came out with quarterly earnings of $9.55 per share, beating the Zacks Consensus Estimate of $7.70 per share. This compares to earnings of $10.95 per share a year ago. These figures are adjusted for non-recurring items.

The Dow Jones Industrial Average dived Thursday on hot inflation data from the consumer price index. The 10-year Treasury yield topped 4%.

Welcome to the Thursday, October 13, Brew.