The Federal Reserve's rate hikes in 2022 to fight inflation are likely enough to put its officials on hold, limiting the risk of too much tightening damaging the U.S. economy, BlackRock said.
This position was expressed in...
The world's largest fund manager, BlackRock, has announced its entry into the cryptocurrency market, which will partner with the Coinbase exchange to offer access to Bitcoin to institutional investors.
In particular, BlackRock's top clients will be able...
Volatility in markets will intensify as central banks believe they can tame high inflation without "crushing growth," the world's biggest asset manager, BlackRock, said.
"We expect more volatility ahead as central banks choose sides in the difficult...
As global warming leaves behind fires, droughts and human casualties across much of the northern hemisphere, there are new signs that the financial commitments needed to protect the environment may not be enough to meet that...
By Marc Rubinstein
BlackRock Inc is used to breaking records. The world's largest asset management company was the first company to break the $10 trillion mark in assets under management. But the bigger they are,...
BlackRock's second-quarter profit fell 30% as jitters in global markets discouraged investors, shrinking fee income at the world's biggest asset manager.
Specifically, BlackRock reported adjusted earnings of $1.12 billion, or $7.36 per share, for the quarter ended...