blackrock

The Securities and Exchange Commission, under Chair Gary Gensler, has approved several spot bitcoin exchange-traded funds, which will track the cryptocurrency's price.

Economy

U.S. says yes to new bitcoin funds, paving the way for more Americans to buy crypto

10:46pm January 10, 2024

by David Gura

Bitcoin ETFs get greenlight from top federal regulator, after years of resistance. The fund will track the price of the cryptocurrency.

BlackRock Chairman and CEO Larry Fink, seen here in Paris in July, wrote in his annual letter to CEOs that climate change will soon cause "a significant reallocation of capital."

Environment

World's Largest Asset Manager Puts Climate At The Center Of Its Investment Strategy

4:52pm January 14, 2020

by Laurel Wamsley

"We believe that sustainability should be our new standard for investing," BlackRock CEO Larry Fink says. The investment giant's move puts pressure on companies to reduce reliance on fossil fuels.

Investors are spending billions of dollars to align their portfolios with their personal values. But there's little agreement on what exactly qualifies — or disqualifies — an investment option from being marketed as sustainable. Above, pedestrians wal

Environment

As Investors Try To Be More Ethical, Some Find No Escape From Businesses They Detest

6:00am October 26, 2019

by Avery Ellfeldt

Investors are spending billions to align their portfolios with their personal values. But what happens when funds that claim to be "sustainable" are not as clean as they profess to be?