The Latest Breaking News from BlackRock

The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about…

Russian casualties mark acceleration even when compared with first days of the war, says White House national security council spokesperson. Plus, all the coverage from the Met Gala

BlackRock and L&G among asset managers using funds with ESG label to invest in coal, oil and gas

Bondholders in French fashion group SMCP (SMCP.PA), the owner of labels such as Sandro and Maje, are expecting first-round, non-binding bids for their 37% stake in the company by mid-May, said two people with knowledge of the transaction. The bondholders, which include asset manager BlackRock and private equity firm Carlyle…

We need to shine a spotlight on the acquisition of such basics as housing, schools and water networks, says Brett Christophers, a professor of economic geography

Exclusive: Debt Justice says hardline stance is preventing progress on alleviating poverty

This year’s rally of more than +20% in with the Nasdaq 100 Stock Index ($IUXX ) (QQQ ) will be tested by results from the Q1 earnings season that begins later this week. Technology stocks rallied sharply in Q1 as investors rotated out of financial stocks amid the turmoil in...

Dozens of trade unionists railing against French President Emmanuel Macron's pension overhaul briefly invaded the central Paris building in which U.S.-based investment firm BlackRock has an office, chanting slogans and setting off firecrackers.

Five years ago it would have been unimaginable, but today there is a global movement convinced the world’s largest corporations are engaging in stealth warfare to transform liberal democracies into neo-communist dictatorships.

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.

Elon Musk spent much of 2022 selling off Tesla stock, though he remains the company’s largest individual stakeholder. However, many firms have plenty of shares.