BlackRock’s Assets Soar to Record $10.5 Trillion Amid Global Market Rally

BlackRock’s Assets Soar to Record $10.5 Trillion Amid Global Market Rally

BlackRock’s assets hit a record $10.5 trillion in the first quarter, and the investment firm posted a 36% rise in profit as rising global equity markets boosted its revenue from investment advisory services and from the administration, reports the Reuters agency, quoted by News.ro. Global stock markets rallied in the first quarter on expectations that … Read more

Larry Fink Warns of Looming Retirement Crisis: What You Need to Know

Larry Fink Warns of Looming Retirement Crisis: What You Need to Know

Retirement Crisis: Larry Fink Warns Americans of Looming Financial Struggles Retirement Crisis: Larry Fink Warns Americans of Looming Financial Struggles Influential financier Fink raises concerns about retirement crisis In a recent letter addressed to Americans, Larry Fink, renowned Wall Street financier and Chairman and CEO of BlackRock, issued a dire warning about an impending retirement … Read more

Bitcoin’s Inflows Soar as BlackRock and Fidelity Cement Their Dominance in Spot Bitcoin ETFs

Bitcoin’s Inflows Soar as BlackRock and Fidelity Cement Their Dominance in Spot Bitcoin ETFs

Highest-Ranking Bitcoin ETFs: BlackRock and Fidelity Dominate, Fee Wars Ensue Highest-Ranking Bitcoin ETFs: BlackRock and Fidelity Dominate, Fee Wars Ensue Record Inflows into Bitcoin ETFs The blistering rally of Bitcoin has led to record-breaking inflows into spot Bitcoin ETFs, making these investment vehicles even more popular among investors. According to data, BlackRock Inc.’s iShares Bitcoin … Read more

European Bitcoin ETPs See Significant Outflows as US ETFs Gain Preference Among Institutions

European Bitcoin ETPs See Significant Outflows as US ETFs Gain Preference Among Institutions

Earlier this month, US bitcoin (BTC) spot ETFs were approved and have been available for trading since then. But what is less known is that such bitcoin products have been traded in Europe for some time. However, since the launch of the American bitcoin ETFs, these European ETFs have seen a significant outflow of capital. … Read more

2024 Set to Be Most Important Week in Crypto History as SEC May Approve Bitcoin ETFs

2024 Set to Be Most Important Week in Crypto History as SEC May Approve Bitcoin ETFs

There is a good chance that the first week of 2024 will immediately become the most important week in the entire crypto history. Reuters reports namely that the US Securities and Exchange Commission (SEC) may give the green light to the launch of several bitcoin (BTC) ETFs as early as Tuesday or Wednesday. Reuters claims … Read more

Is the Fixed Deposit Era Over? BlackRock Economist Urges Investors to Put Cash into Stocks

Is the Fixed Deposit Era Over? BlackRock Economist Urges Investors to Put Cash into Stocks

The fixed deposit era is over! Cash is expected to underperform both assets (Brostock via Getty Images) Interest rates have continued to rise this year, with money market funds receiving record inflows of $1.4 trillion in 2023 as investors look to earn about 5% interest on their cash. But BlackRock says the situation may be … Read more

“BlackRock CEO Larry Fink predicts further interest rate hikes in response to persistent inflation”

BlackRock CEO Larry Fink said on Monday that inflation remains persistent and the Federal Reserve must raise interest rates further to contain price pressures. said it might not. FILE PHOTO: BlackRock CEO Larry Fink speaks to CNBC at the New York Stock Exchange April 14, 2023. REUTERS/Brendan McDermid [ニューヨーク 31日 ロイター] – BlackRock CEO Larry … Read more

“Business News Roundup: OTP Bank Sponsorship, Economic Outlook, and Car Sales in Ukraine”

The Hungarian OTP Bank added to the list of sponsors of the war, Vadim Novinsky’s licenses were taken away and real estate in Ukraine was arrested, the Kiev Pechersk Court canceled the arrest of Igor Kolomoisky Ukrneftebureniya, and in the meantime, Ukrainians are buying up new cars. Read about these and other main events of … Read more

Irish Prime Minister Unfazed About Banks Amid Market Turbulence Caused by Credit Suisse

The Taoiseach of Ireland, Micheál Martin, has remained calm and assured in the face of recent market jitters, which have been sparked by Credit Suisse’s involvement in a series of hedge fund losses. Despite concerns about the stability of Irish banks, Martin has stated that he is “not concerned” about the impact of the Credit … Read more