The Latest Breaking News from BlackRock

The Big Three passive asset management firms—BlackRock, State Street, and Vanguard—have been criticized for using investors’ money in pursuit of political goals. The firms use the funds that they invest on behalf of their clients and vote the proxies that, outside of a pooled index or mutual fund, investors would…

Coinbase shares have rallied significantly in 2023, even as regulatory concerns remain largely unresolved. Can the cryptocurrency stock continue to deliver outsized 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.

Nair explained how clients’ portfolios will be “much more personalized, much more customized, much more holistic.”

Cramer said that BlackRock has one thing Ark Invest doesn't.

“When the U.S. does lay down its rules,” added the Circle CEO, “it's going to be a highly competitive market.”

Larry Fink cites potential for crypto to transcend currency fluctuations and highlights broad-based global interest.

Lawmakers express concerns over potential antitrust violations in firms' ESG initiatives

House Judiciary Committee Chairman Jim Jordan (R-Ohio), along with Reps. Thomas Massie (R-Ky.) and Dan Bishop (R-N.C.), sent letters to the Big Three passive asset management firms—BlackRock, State Street, and Vanguard—on July 6 requesting information about their efforts to combat climate change through ESG. Jordan said such efforts could violate…