The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.

Major financial institutions are abandoning net-zero climate alliances amid political pressure and legal threats, signaling a potential shift in the landscape of climate finance.

In recent years, State attorneys general have become increasingly creative and aggressive in antitrust enforcement, often ...

As I write this, Donald J. Trump has just been sworn in as the 47th President of the United States, marking a spectacular ...

BlackRock LifePath ESG Index 2065 Fund earns an Above Average Process Pillar rating. The largest contributor to the rating is the parent firm's five-year risk-adjusted success ratio of 58%.

As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations created one such institution, the “ Net Zero Asset Managers Initiative ,” ...

Given the roughly USD 55 billion in active global high-yield assets run by BlackRock, the strategy is less nimble than some of its competitors. It invests mainly in the market's larger ...