The Fed won't be able to bring inflation down to its target, and Americans will have to live with high prices for years, BlackRock says

Tech Insider : Politics
A woman shopping in a grocery store

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BlackRock, Jeffrey Gundlach, and Jeremy Siegel have renewed recession warnings as banking turmoil leaves economic confidence in tatters

Tech Insider
global recession
BlackRock, Morgan Stanley and others warned about the threat of a recession.

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Nvidia, Tesla and Meta are helping power a growth-stock surge that has challenged BlackRock and Goldman Sachs

Tech Insider
A smiling trader works on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City.

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Bond giants Pimco and Invesco are facing losses of hundreds of millions on rotten Credit Suisse debt

Tech Insider
Credit Suisse
Some of the world's biggest bond investors have suffered massive losses after Credit Suisse imploded.

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It's too early to call a bottom for the stock market because there's more pain coming for regional banks, BlackRock strategist says

Tech Insider : Economy
stock market investing

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Warren Buffett, BlackRock and Goldman Sachs find energy stocks irresistible even as 2023 proves another turbulent year for markets

Tech Insider
Warren Buffet
Warren Buffet.

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ESG Is ‘Satan’s Plan,’ Utah's Treasurer Says

Gizmodo : Economy

Calling all asset managers, mid-tier bank employees, and financial sustainability advocates: You’re in league with the Devil, according to Utah’s State Treasurer.

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SVB's Parent Company Declares Bankruptcy While Tech Investors Return to the Failed Bank

Gizmodo : Economy

The entity that once owned the poor, beleaguered Silicon Valley Bank, the main banking house for numerous tech-focused firms and venture capitalists, is officially holding up a white flag as it suddenly declared bankruptcy.

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BlackRock's Larry Fink says the US banking system may face 'more seizures and shutdowns' after Silicon Valley Bank's collapse

Tech Insider
BlackRock CEO Larry Fink, pictured in November 2022, gesturing while sitting in front of a blue background.
BlackRock CEO Larry Fink.

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BlackRock says there's a good chance the Fed will have to hike interest rates to 6%, the highest level in 20 years

Tech Insider
Rick Rieder
Rick Rieder, CIO of fixed income at BlackRock.

Steve Marcus/Reuters

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