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THE TRUTH ABOUT: 3 - The Untold Story

BlackRock's billionaire CEO says companies need to address AI's impact on white collar jobs and wealth inequality

“Many of the people most affected by what we talk about here will never come to this conference,” Larry Fink said at the World Economic Forum.

Fortune

Davos warning from BlackRock's Fink: Capitalism must evolve

"Many of the people most affected by what we talk about here will never come to this conference."

Axios

Cryptocurrency slump erases 2025 financial gains and Trump-inspired optimism

Last few months of the year have seen $1tn in value wiped from the market, despite all-time-high price of bitcoin

The Guardian - US

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America's $38 trillion national debt 'exacerbates generational imbalances,' warns think tank, with Gen Z and Millennials paying the price

”Without significant policy changes to reduce debt growth, future generations will inherit a budget where significant resources are locked into servicing past borrowing,” the think tank wrote.

Fortune

BlackRock CEO Calls Crypto an ‘Asset of Fear’ — Do Other Experts Agree?

Larry Fink is still down on crypto, calling it a bastion for nervous investors, or perhaps better to say speculators, and placing gold in a similar bucket.

GOBankingRates

CEOs are making the business case for AI—and dispelling talk of a bubble

Also: All the news and watercooler chat from Fortune.

Fortune

Ken Griffin's Citadel Advisors Bumps Stake by Over 12,000% in Meta Platforms, Visa, Norfolk Southern in Q3

Ken Griffin's Citadel heavily boosted its holdings in the Magnificent 7 stocks in Q3, as industry experts say high AI investment is vital for the US to stay ahead globally.

International Business Times UK

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Why These 2 Crypto ETFs Could Soar After the Sell-Off

By early October, crypto ETF inflows surpassed last year’s total. For investors more comfortable with the equity markets, these funds offer easy exposure.

MarketBeat

A BlackRock-led $40 billion data center deal highlights the unstoppable AI gold rush

The $40 billion bet on Aligned highlights the demand for AI-ready infrastructure—and Wall Street’s determination to cash in.

Fortune

BlackRock's CEO Says Crypto Will Grow 'Rapidly' — Here's How

BlackRock Inc. (NYSE:BLK) reported strong third-quarter results on Tuesday, with CEO Larry Fink saying the cryptocurrency market will grow "rapidly" as the firm builds proprietary tokenization technology to move traditional assets on-chain.

Benzinga

BlackRock Hits $13.5 Trillion AUM, CEO Sees Building Momentum

Investment manager giant BlackRock, Inc. (NYSE:BLK) reported that third-quarter 2025 revenue grew 25% year-over-year (Y/Y) to $6.51 billion, beating the consensus of $6.22 billion.

Benzinga

BlackRock CEO Larry Fink Says There's A Role For Crypto 'In The Same Way There Is For Gold'

BlackRock Inc. (NYSE:BLK) CEO Larry Fink said cryptocurrencies have a legitimate role similar to gold, reversing his earlier skepticism during an interview with CBS' 60 Minutes.

Benzinga

Nvidia’s CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

The $4 trillion tech CEO warns the future won’t be powered by tech bros—but rather the blue-collar workers.

Fortune

Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy

Private investment firms that are helping finance America’s artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver electricity to regular customers — and the servers that power AI

The Independent UK

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Benzinga

Analysts Split On Trump's Push To Scrap Quarterly Earnings: 'A 90-Day Cycle Is Not How Business Operates,' Says Tom Lee

President Donald Trump's plan to scrap the quarterly earnings reporting requirement for public companies has sparked a sharp debate among market commentators, with opinions split on whether the move would strengthen or weaken U.S. equity markets.

Benzinga

Billionaire Blackrock CEO Larry Fink Says We Spend 'Tremendous Energy' Extending Life, But Little On How To Pay For Those Extra 20 Years

If you're counting down the years until you hit 65 and can finally put your feet up, BlackRock CEO Larry Fink thinks you might be stuck in an outdated playbook. In his 2024 letter to investors, the head of the world's largest asset manager called out America's retirement system as…

The Guardian - US

Trump signs order to allow crypto and real estate investments in retirement plans

Experts say allowing alternative assets like cryptocurrency in 401(k) portfolios carries a high degree of risk

Fortune

RGA CEO Tony Cheng: Americans are living longer—adding risk for insurers—but the real danger is people outliving their savings

As life expectancy continues to rise globally, RGA CEO Tony Cheng exclusively told Fortune that the growing risk of individuals outliving their savings will eventually force a slow but necessary reckoning across governments, insurers, and consumers.

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Benzinga

Indian Billionaire Mukesh Ambani's 50-50 Joint Venture With Larry Fink's BlackRock Raises $2.1 Billion In Debut Fund Offering

Jio BlackRock Asset Management raised more than $2.1 billion across three cash and debt mutual fund schemes in its maiden offering, marking a significant milestone for the joint venture between Indian billionaire Mukesh Ambani‘s Jio Financial Services and BlackRock Inc. (NYSE:BLK).

Fortune

Lowe’s CEO warns young workers to stay away from the corner office: ‘AI isn't going to fix a hole in your roof’

The home-improvement retail executive has a reminder for Gen Z: Human-facing jobs are not on the AI chopping block.

Fortune

Carried interest is no longer just for PE firms. A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance

Carried interest is no longer just for PE firms.

Fortune

BlackRock CEO Larry Fink says leaders have to be 'much more guarded' about what they say because of social media and populism

Fink said the level of public scrutiny was the biggest change leaders had to contend with over the past 30 years.

The Texas Tribune

Data centers are building their own gas power plants in Texas

Not long ago, developers of the massive server farms talked about powering them with wind and solar energy. Now they’re bypassing the grid and building their own gas-fired power plants on site.

Fortune

Larry Fink has BlackRock pay package targeted by proxy advisor

Fink’s compensation jumped 33% from $26.9 million to $36.7 million after a banner year in 2024.

Fortune

BlackRock’s Larry Fink is all in on U.K. after country found its ‘capitulation point’

Larry Fink is hitting the U.K. economy with all guns blazing, provided he can find the office space.

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