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Investor Kyle Bass: Globalization Isn't Over, Just Don't Invest in Countries Run by Despots
The founder of Hayman Capital Management took a different view than BlackRock’s Larry Fink on the future of the idea of an interconnected global economy.
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Bill Gates and Blackrock Are Backing the Start-Up Behind Hydropanels That Make Water Out of Thin Air
Source Global is a climate startup that uses hydropanels to produce clean water out of the air. It’s backed by Bill Gates’ Breakthrough Energy Ventures.
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New Balance Bulks Up Manufacturing Presence in U.S. Amid Global Supply Chain Backlogs
New Balance has opened a manufacturing facility in Methuen, Massachusetts, the sneaker retailer’s fifth in North America.
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Vanguard Reclaims Top Target-Date Fund Manager Spot, Leapfrogs Fidelity and BlackRock
Until 2020, Vanguard had collected the most new investor money in target-date funds each year since 2008, according to Morningstar.
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What to Watch Today: Stock Futures Rebound After the Dow's Worst Session in Weeks
U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure Russia further for invading Ukraine.
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BlackRock's Fink Says Russia-Ukraine War Could Accelerate Use of Cryptocurrencies
Russia’s invasion of Ukraine could accelerate the adoption of digital currencies by people and central banks, according to BlackRock’s Larry Fink.
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5 Things to Know Before the Stock Market Opens Thursday
U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure Russia further for invading Ukraine.
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BlackRock's Larry Fink, Who Oversees $10 Trillion, Says Russia-Ukraine War Is Ending Globalization
Larry Fink, CEO and chairman of the world’s biggest asset manager, BlackRock, said Russia’s invasion of Ukraine has ended globalization.
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More Women in the Boardroom Could Drive Higher Credit Ratings and Stock Returns for Firms — They Still Hold Just 29% of Seats
About a third of corporate board seats are now held by women, and gender diversity in boardrooms could lead to higher credit ratings and stock performance.
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Investing App Acorns Taps ‘Choppy' Private Markets at $1.9 Billion Valuation After Scrapping SPAC
The move shows that ample funding is still available for late-stage start-ups with good prospects
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A New BlackRock Shareholder Power That May Tilt Proxy Battles of the Future
The world’s largest money manager is making a move with this year’s shareholder meeting proxy battles that has huge implications: it’s giving votes away.
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Global Investors Snap Up Chinese Stocks Despite Market Declines
International investors are putting more money into Chinese stocks, even as local investors have remained cautious on the mainland markets.
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Banks Haven't Quit Coal. Study Says Commercial Lenders Have Channeled $1.5 Trillion to the Industry Since 2019
The research shows how a tiny number of financial institutions from a handful of countries play an outsized role in keeping the coal industry afloat.
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Here's What's New With 401(K) Plans This Year
There are a few things you may notice that are different with your 401(k) plan, two of which address workers’ interest in having guaranteed retirement income.
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Climate Activists Criticize BlackRock CEO's Support for Slow Transition Off Oil and Natural Gas
BlackRock CEO Larry Fink says oil and gas companies are going to be an important part of the bridge to a decarbonized future. Climate leaders reject this idea.
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Stocks Making the Biggest Moves Midday: Activision Blizzard, Goldman Sachs, Peloton, Moderna and More
These are the stocks posting the largest moves in midday trading.
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Larry Fink Says the Next 1,000 Unicorns Will Be Green Energy Companies
In his carefully watched annual letter, BlackRock CEO Larry Fink said the potential for start-ups and investors in climate technology is unprecedented.
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5 Things to Know Before the Stock Market Opens Tuesday
The Dow was set to open nearly 1% lower, hit by Goldman Sachs’ drop on disappointing earnings. The Nasdaq was tracking for a 1.7% drop as bond yields jump.
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Turkish Mobile Gaming Start-Up Defies Economic Turmoil to Hit a $2.75 Billion Valuation
Mobile gaming — and tech more broadly — is proving to be a bright spot in an otherwise hellish economic landscape in Turkey.
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BlackRock CEO Larry Fink Says Stakeholder Capitalism Is Not ‘Woke'
“Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not ‘woke,'” Fink said.