The Latest Breaking News from BlackRock

The world’s largest asset manager filed an application with the SEC for a spot Bitcoin ETF in June.

More than 30 US states have proposed or implemented legislation in recent years to stop the government and its pension funds from investing in environmental social and governance (ESG) funds. These products integrate ESG issues into their investment strategies, which mainly involve buying stocks but also bonds.

The assets manager joins a line of other firms that have refiled or updated ETF applications after BlackRock waded into the fray.

Biden previously tweeted that the loophole was costing the government $18 billion in lost tax revenue.

The Waratah Super Battery is due for completion in 2025.

The stock’s rebound has mirrored Bitcoin’s recent gains.

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.

Some fear that the entry of more traditional financial firms could sway Bitcoin—and crypto—from its original mission.

Northwestern Mutual’s 2023 Planning & Progress Study shows how much money Americans believe they need to retire.