The Latest Breaking News from BlackRock

Soaring oil prices spark fear of global recession

Fears of a global recession have emerged due to soaring prices, exacerbated by the conflict in the Middle East. Larry Fink, CEO of BlackRock, has predicted a global recession if oil prices reach $150 a barrel, citing "profound implications" should Iran remain a threat. UK Chancellor Rachel Reeves warned that…

The Independent UK · Mar 25

Billionaire Larry Fink says you're wrong to think that AI stealing your job is the big problem—it's really about what it's doing for his class

AI-driven benefits are still contained to a small portion of Americans, a bad sign for the growing wealth gap.

Fortune · Mar 24

Invesco takes over Superstate's $900 million T-bill fund as Wall Street accelerates tokenization push

Superstate is a pioneer in the fast growing field of RWAs, a term that describes real world assets that are traded as crypto tokens.

Fortune · Mar 24

TV host Mike Rowe slams schools for portraying skilled trades as a ‘consolation prize’—when he’s met data center electricians making $280K a year

America pushed a generation toward college—now it’s short hundreds of thousands of skilled workers, and “Dirty Jobs” host Mike Rowe is joining CEOs of top companies like Nvidia, Ford, and BlackRock in sounding the alarm.

Fortune · Mar 19

BlackRock CEO Larry Fink warns AI is creating a ‘crisis’ for Gen Z workers: the class of 2026 could face the highest unemployment in years—even without a recession

New college graduates hoping for a white-collar career shouldn’t hold their breath, BlackRock boss Larry Fink warns: “AI is going to disrupt many of those types of jobs.”

Fortune · Mar 18

The Growing Risk in Private Credit: Why BlackRock and JPMorgan Are Raising Alarms

The private credit contagion is spreading beyond Blue Owl to Wall Street titans like JPMorgan and BlackRock. Here's what investors need to know now.

Barchart · Mar 18

BlackRock’s Larry Fink predicts AI bankruptcies: ‘That’s capitalism’

Competition among AI's biggest spenders will produce winners and losers—and that's a good thing, he said.

Fortune · Mar 13

BlackRock is splashing $100 million on training plumbers, electricians, and HVAC technicians as its CEO flags a skilled trade worker shortage

As BlackRock CEO Larry Fink warns the U.S. could run out of electricians needed to build AI data centers, his investment company is putting $100 million to the training of skilled trades workers.

Fortune · Mar 11

The great central London office crisis

Far from being killed off by the pandemic, the office is back — so much so that the City is running out of space...

Evening Standard · Mar 9

‘When You See One Cockroach, There are Probably More’: Blackrock Forced to Halt Redemptions As $2 Trillion Private Lending Bubble Starts Showing Cracks

Cracks are beginning to show in the $2 trillion private lending space, as multiple investment firms limit redemptions in their billion-dollar flagship funds.

Barchart · Mar 8