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TheBadPlaceyahoo news | Larry Fink Reconsiders His Crypto Skepticism as BlackRock’s ETF Soars
Larry Fink, the longtime skeptic of cryptocurrencies, appears to be re‑evaluating his stance as BlackRock’s newly launched Bitcoin ETF begins to soar, signaling a possible shift in how traditional finance views digital assets. The move has drawn attention from investors and industry observers who see the ETF’s success as a validation of Bitcoin’s growing mainstream acceptance and a potential catalyst for broader institutional participation in the crypto market.
At the same time, raising venture capital has become increasingly difficult for cryptocurrency startups. Investors are pulling back and tightening their criteria in a cooling market, a trend highlighted by Sami Start, CEO and founder of crypto‑infrastructure firm Transak. Start notes that the current funding environment marks a clear departure from the previous boom cycle when capital flowed more freely across the sector, forcing founders to prove stronger fundamentals and clearer paths to profitability.
Despite the tighter financing, the constraints could ultimately deepen crypto’s utility and lift the industry’s overall appeal. By weeding out weaker projects, the market may see more sustainable growth, benefiting established players such as Riot Blockchain Inc. (NASDAQ: RIOT) and paving the way for innovations that integrate blockchain technology into mainstream finance and commerce.
AhevaqaFrühwald at 9 - News and Information from March 31, 2026#IranWar, #Prices,#Germany, #Inflation, #EnergyPrices, #MarcoRubio, #USA, #NATO, #Spain, #BlackRock, #EnergyTransition, #Woke, #LarryFink, #Wokeness, https://t.
bing news | America 250: BlackRock's Larry Fink says long-term investing can perform a kind of 'civic miracle'
America 250: In his annual chairman’s letter, BlackRock chief Larry Fink marked the United States’ 250th birthday and the 250th anniversary of Adam Smith’s *The Wealth of Nations*. He highlighted the historical coincidence of Thomas Jefferson drafting the Declaration of Independence while Smith was outlining modern economics, noting that what began as a chance alignment has become a deep interdependence: democracy thrives when citizens feel they own a stake in their nation’s future, and capital markets provide the mechanism to turn that stake into real economic value.
Fink argued that long‑term investing can act as a “civic miracle,” linking personal savings to the financing of companies, infrastructure and jobs. By committing capital for decades rather than days, investors help build the economy that, in turn, fuels their own prosperity. He stressed that expanding market participation is essential to narrow the wealth gap, especially as the global capital‑market ecosystem—now approaching $300 trillion—continues to grow amid technological change and an AI boom.
Drawing on his own upbringing—son of a shoe‑store owner and an English‑teacher who saved and invested modestly—Fink illustrated how ordinary families have historically benefited from and contributed to America’s economic expansion. He concluded that BlackRock’s mission is to broaden the reach of this civic miracle worldwide, helping more people invest in their country’s growth so that the rewards of prosperity are shared more broadly.
yahoo news | Larry Fink claims white-collar obsession misled generations
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Larry Fink, the chairman and CEO of BlackRock, warned that society has long over‑valued white‑collar professions such as banking, law and finance while undervaluing skilled‑trade careers. Speaking to the BBC, he said the United States “overdid” its push for university degrees and that television often portrays plumbers, electricians and welders in an unfavourable light, whereas investment bankers receive glamorous treatment. Fink argued that a career in plumbing or electrical work can be just as strong and fulfilling as any office job and that we need to rebalance cultural perceptions to give these trades the respect they deserve.
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He linked this cultural shift to the rapid growth of artificial intelligence, which is expected to generate massive demand for hands‑on workers. The AI boom will require large‑scale infrastructure—datacentres, power grids and hardware installations—that can only be built and maintained by electricians, plumbers, welders and other technicians. While some white‑collar roles may become uncertain, the surge in AI projects is set to create a robust pipeline of well‑paid trade jobs.
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Fink also highlighted a practical obstacle to AI expansion: the energy cost of powering the technology. He noted that Europe is “a lot of talk and no action” on clean energy, whereas China is heavily investing in solar and nuclear power. In the United States, despite being energy‑independent, policymakers must accelerate solar development to keep AI infrastructure affordable. BlackRock itself has bet on this future, joining a consortium to acquire Aligned Data Centres in a $40 billion deal, underscoring the firm’s belief that skilled‑trade talent will be central to the next wave of technological growth.
'A career can be just as strong in these fields of plumbing and electricians': Blackrock boss says getting an AI job shouldn't be the end goal for everyone
Larry Fink claims white-collar obsession misled generations while plumbers, welders, and electricians emerge as future career powerhouses
EL PAÍS: el periódico globalLarry Fink, presidente de BlackRock y el hombre más poderoso del mercado: “La economía mundial entrará en recesión si la guerra en Irán se alarga más de un año”
bing news | BlackRock CEO Larry Fink took home nearly $38M last year for leading world’s largest investment firm
BlackRock CEO Larry Fink’s 2025 compensation jumped to $37.7 million, up from $30.8 million the year before. The pay package consisted of a $1.5 million base salary, a $10.6 million cash bonus and a $6.5 million increase in stock awards, accounting for the bulk of the $7 million rise in total remuneration.
The increase drew criticism from proxy adviser Institutional Shareholder Services, which last year recommended that investors oppose the firm’s executive pay plans. Despite that, BlackRock reported that 67 % of votes cast supported the compensation package. In January, the asset manager disclosed that its assets under management had hit a record $14 trillion, and it posted a fourth‑quarter 2025 net profit of $2.18 billion, excluding one‑time charges.
In a letter to investors, Fink said the company is entering 2026 with “elevated momentum” and is positioned ahead of significant future opportunities. The firm’s shares rose 4.5 % in 2025, although they have declined more than 12 % so far this year.
Read more: https://nypost.com/2026/03/27/business/blackrock-ceo-larry-fink-took-home-nearly-38m-last-year/
#blackrock #larryfink #institutionalshareholderservices #assetmanager #compensationpackage
yahoo news | Larry Fink calls for Social Security reform, says investing a portion of funds...
Larry Fink, CEO of BlackRock, urged lawmakers to consider reforms to Social Security that would let a portion of the system be invested “carefully, broadly, and over decades,” similar to long‑term pension plans such as the federal Thrift Savings Plan. In his annual chairman’s letter, Fink praised Social Security as a vital poverty‑prevention program but noted that it “doesn’t allow most Americans to build wealth in a way that grows their country.” He argued that the current pay‑as‑you‑go model, which invests trust‑fund assets almost entirely in U.S. Treasury bonds, limits the program’s ability to keep pace with the broader economy and could jeopardize its future.
Fink highlighted a bipartisan proposal from Sens. Bill Cassidy (R‑La.) and Tim Kaine (D‑Va.) that would create a new investment fund running alongside the existing trust fund. The plan calls for an initial $1.5 trillion injection that would be managed for 75 years, investing in a diversified mix of stocks and bonds to generate higher returns. While the Treasury would continue to cover benefits during that period, the fund would eventually repay the Treasury and then supplement payroll taxes, helping close the gap between contributions and payouts without cutting any current or near‑retirement beneficiaries.
A nonpartisan analysis by the Committee for a Responsible Federal Budget warns that Social Security’s main trust fund is expected to become insolvent by 2032, at which point federal law would require benefit cuts of roughly 24 % to match payroll‑tax revenue. Fink stressed that doing nothing could “break” the promise of Social Security, and that a combination of solutions—including the proposed long‑term investment fund and insights from successful overseas retirement systems such as Australia’s superannuation—could help preserve the program’s core guarantees for future generations.
#larryfink #blackrock #socialsecurity #billcassidy #thriftsavingsplan
yahoo news | Larry Fink and Making BlackRock Great Again
Larry Fink, chief executive of BlackRock—the world’s largest asset manager with roughly $14 trillion under management and a fresh influx of $1.8 trillion over the past five years—has become more than just a financial overseer. Since 2012 he has issued annual public letters to the CEOs of every publicly‑traded company in BlackRock’s portfolio, laying out a vision of “purpose‑driven” capitalism. The letters, echoing the style of Warren Buffett’s shareholder missives, have turned the firm’s sheer scale into a platform for shaping the rules of the market, arguing that companies must serve broader societal goals, improve governance, and address climate risk.
In recent months Fink has embraced a distinctly American brand of “national capitalism,” urging companies to prioritize domestic investment, supply‑chain resilience, and infrastructure that supports U.S. strategic interests. The author of the piece, John Authers, contends that this rhetoric is misplaced: the United States’ historic investment dynamism has not stemmed from protectionist policies but from a system that welcomed global capital, allowed firms to pursue the most profitable opportunities abroad, and rewarded innovation through open markets. By turning BlackRock’s clout toward a nativist agenda, Fink risks sidelining the very drivers—cross‑border money flows and competitive risk‑taking—that have powered U.S. growth for decades.
Authers warns that conflating the stewardship of a massive fund with the advocacy of a nationalist economic doctrine creates a dangerous precedent. When the world’s largest pool of money starts policing where investment should go, it amplifies policy influence beyond democratic checks and may skew capital toward politically favored sectors rather than the most efficient uses. The article calls for a clearer separation between the fiduciary role of asset managers and the political ambitions of their CEOs, reminding readers that “national capitalism” cannot replace the open, globally‑connected investment landscape that has historically underpinned America’s prosperity.
Read more: https://www.bloomberg.com/opinion/articles/2026-03-27/larry-fink-and-making-blackrock-great-again
#larryfink #blackrock #assetmanager #climaterisk #nationalcapitalism
yahoo news | Here’s the most overlooked part of Larry Fink’s yearly letter to shareholders — ...
Larry Fink’s 2026 annual letter to shareholders, while filled with the usual market cautions, ends on a surprisingly upbeat note: “people need to get on the investment train or be run over by it.” As the head of the world’s largest asset manager—$14 trillion across every asset class—Fink uses that metaphor to stress that ordinary investors now have the tools to participate in the economy’s upside, just as Wall Street has traditionally served Main Street.
The letter also flags two emerging risks. First, Fink warns that artificial‑intelligence breakthroughs could widen wealth inequality if ownership of the technology’s gains does not broaden, echoing growing concerns about AI’s societal impact. Second, he skirts overt criticism of the Trump administration’s tariff‑heavy trade policy and offers a measured take on ESG investing, noting that BlackRock tailors its products to diverse client needs—from a Texas retirement fund to New York pension plans—rather than pushing a one‑size‑fits‑all green agenda.
Finally, Fink underscores how market access has been democratized. Exchange‑traded funds, a core BlackRock offering, let the “average Joe or Jane” assemble diversified portfolios that include everything from the S‑P 500 to crypto, with liquidity far superior to private‑equity holdings. This focus on broad‑based investing has helped BlackRock grow assets under management and lift its share price nearly 30 % over the past five years, positioning the firm as a key bridge between Wall Street and the emerging middle class.
#larryfink #blackrock #wallstreet #s-p500 #exchange-tradedfunds
