The Latest Breaking News from BlackRock

As the world prepares to gather for COP27 in Egypt this weekend, Matt Hay on why climate tech isn’t the only answer to the crisis

The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments

As a warming planet brings economic tensions to a boil, following the money can reveal some critical stories

WASHINGTON — Institutional investment firms and activist asset managers are amplifying their message to congressional and state lawmakers: Stop equating environmental, social and governance investing with a political agenda.

As states restrict investment based on ESG, asset managers of all sizes say they are not pursuing a political agenda.

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.

A whale with a lot of money to spend has taken a noticeably bearish stance on BlackRock. Looking at options history for BlackRock (NYSE:BLK) we detected 26 strange trades.

BlackRock (NYSE: BLK) came out with quarterly earnings of $9.55 per share, beating the Zacks Consensus Estimate of $7.70 per share. This compares to earnings of $10.95 per share a year ago. These figures are adjusted for non-recurring items.

The Dow Jones Industrial Average dived Thursday on hot inflation data from the consumer price index. The 10-year Treasury yield topped 4%.