BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion
BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash…
Turkish lira hits fresh record low against the U.S. dollar
The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback…
Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth
Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the…
BlackRock CEO Larry Fink accuses DeSantis, Ramaswamy of deliberately false attacks
BlackRock CEO Larry Fink on Thursday accused two Republican presidential contenders of lying about him during their fourth debate Wednesday…
SEC meets with Grayscale, BlackRock about potential bitcoin ETFs
The U.S. Securities and Exchange Commission is formally engaging with asset managers ahead of a much anticipated decision on whether…
Tim Cook, Elon Musk, Steve Schwarzman spotted at Xi Jinping dinner with U.S. CEOs
Apple CEO Tim Cook, Tesla chief Elon Musk and Blackstone’s Steve Schwarzman were among the guests Wednesday night at a…
This trade is where big investors are hiding out amid choppy markets, Goldman Sachs says
Investors have piled into short-term U.S. government bonds in a bid to wait out the upheaval caused by a blowout…
Britain’s $4.5 billion digital bank Monzo debuts investments feature
Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into…
Top Republican China hawk says White House investment restrictions fall short
WASHINGTON — A leading House Republican voice on the national security threat posed by China said the White House’s plan…
