BlackRock has said the global economy has exited the cycle of ‘boom and bust’ due to a fundamental shift driven by the emergence of “mega forces” including artificial intelligence ...
The asset manager pointed to growing expectations of a soft landing for the US economy, with markets anticipating that falling inflation will induce the Fed to deliver several rate cuts this year.
A clash between BlackRock and the FDIC over the money manager’s holdings of US banks will play out in the waning days of ...
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