The Latest Breaking News from BlackRock

'Central banks [are] pushing policy rates up to levels that damage economic activity,' BlackRock said.

Right-wing politicians are pushing back against the new environmental, social and corporate governance (ESG) investment policies of the world's largest asset managers.

Vanguard, the world’s second-largest asset manager, announced it is resigning from a global net-zero initiative

It’s been a tough couple weeks for BlackRock Inc., the world’s largest money manager, which endured fresh blows from Republican officials sharply critical of ESG.

BlackRock warned investors to expect a recession, persistent inflation, and an era that requires a more “nimble” approach in its 2023 Global Outlook this week.

That was quite the bill of particulars that Mark Brnovich and Doug Peterson laid against BlackRock, the world's largest money management firm, back in August.

They want companies to stay out of politics.

Vanguard Group, the investment giant whose offices in Malvern, Pennsylvania, have been targeted by environmentalists demanding it pressure companies to stop burning carbon fuels, now faces backlash from states who say its efforts to address climate change threaten investment profits for pension funds and other clients.

Hedge fund says company still too attached to fossil fuels as it promotes eco-conscious strategy

Stock futures lower as growth, inflation worries mount; Toll Brothers gains after solid Q4 earnings, home building outlook; BlackRock edges lower as activist investor targets CEO Larry Fink; GameStop higher ahead of Q3 earnings with costs in focus and Raphael Warnock wins Georgia senate runoff over Herschel Walker.

Last week, the state of Florida, at the direction of Governor Ron DeSantis (R) and State Chief Financial Officer (CFO) Jimmy Patronis, became the latest state to divest funds from BlackRock over its sustainability and ESG policies: