BlackRock maintains an overweight position on U.S. equities, backed by its confident outlook that Wall Street will continue to see further gains throughout the 2025 trading year.
BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street investors bracing for the S&P 500 to tread water.
BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..
Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.
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BlackRock CEO Larry Fink said Bitcoin will hit $700k, while Goldman Sachs CEO David Solomon said BTC is not a threat to the dollar.
While Trump’s pick to lead the SEC, Paul Atkins, is still awaiting US Senate confirmation, acting chair Mark Uyeda and another Republican commissioner, Hester Peirce, have put the regulator on a more crypto-friendly track, forming a task force and dismantling SAB 121.
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.
Texas Attorney General Ken Paxton wrote on Jan. 23 to the firms saying they appear “to unlawfully advance discriminatory” diversity, equity and inclusion efforts, and demanded they respond to a series of questions about their programs. He said the firms may have breached their fiduciary duties by pursuing an “ulterior political motive or agenda.”
Investors are widely expecting the Fed to hold its benchmark interest rate at the current level again, extending a pause in its rate-cutting cycle as markets keep a watchful eye out for whether inflationary pressures risk building under the new White House administration.
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some tangibly softer employment data," potentially in areas such as wage growth, said Rieder.
Buffer exchange-traded funds (ETFs) are an intriguing investment instrument that’s grown in popularity of late. Indeed, if you’re a more conservative investor looking to protect against potential downside risk,