Larry Fink Raises Spectre of Slow Rolling Crisis after Svb Failure
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FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
Larry Fink Says World Leaders Must Address Growing Retirement Crisis
The BlackRock CEO’s annual letter says demographics will strain retirement systems.The Wall Street Journal - World -
Larry Fink warns retirement crisis looms for ageing world population
BlackRock chief’s annual letter also embraces ‘energy pragmatism’ amid attacks over climate stanceFinancial Times - Business -
BlackRock’s Larry Fink calls for urgent national action on retirement crisis
The retirement crisis facing America is so “big and urgent” that government and corporate leaders need to stop business as usual and tackle the problem so that future generations will be able to grow older with dignity, according to the chair and ...MarketWatch - Business -
BlackRock's Larry Fink sees Social Security crisis, says 65 retirement age 'a bit crazy'
The issue of retirement took center stage in Fink's letter to shareholders.CNBC - Business -
BlackRock's Larry Fink says young people have a lot going for them, but retirement crisis looms
In an interview with CNBC's Jim Cramer, BlackRock CEO Larry Fink said he's hopeful about the younger generation.CNBC - Business -
Why BlackRock’s Larry Fink Wants to Rethink Retirement
Larry Fink, who leads the world’s biggest asset manager, warns in his annual investor letter that an aging population will soon pose huge economic troubles.The New York Times - Business -
Larry Fink’s retirement warning highlights fight over ‘hardest problem in finance’
Money managers and insurers vie for the assets of a generation worried it has not saved enoughFinancial Times - World -
BlackRock’s Larry Fink is worried about ‘snowballing’ U.S. debt. Here’s how soon it could hit a record.
In his annual letter to BlackRock investors, the chairman and chief executive of the investment-management company said: “More leaders should pay attention to America’s snowballing debt.”MarketWatch - Business -
BlackRock CEO Larry Fink says 65 retirement age is too low. Here's what experts say
As a record number of Americans will turn age 65 in the coming years, that is no longer the traditional retirement age.CNBC - Business -
Bank of England Holds Interest Rates After U.K. Inflation Slows
Britain’s central bank held its key interest rate at the highest level in 16 years for the fifth straight meeting.The New York Times - Business - United Kingdom -
French PM backs school head who faced death threats after Muslim veil row
Gabriel Attal says state will file a complaint against student over accusation against principal who had to resign for his safety. The French prime minister, Gabriel Attal, has defended French secularism following the resignation of a Paris school ...The Guardian - World - France -
France raises security to highest level after attack in Russia, worried about IS
After the IS claim of responsibility, France considers the threats against it.ABC News - World - Russia -
Italy follows France in raising security after the IS-claimed attack in Russia
Italy has followed France in stepping up security following the attack on a suburban Moscow concert hall and the claim of responsibility by an affiliate of the Islamic State groupABC News - World - Russia -
Boeing leadership shakeup raises questions after 737 Max 9 blowout
The resignation of Boeing CEO David Calhoun is raising questions about the future of the embattled aircraft company as it navigates fallout from a high-profile blowout earlier this year. Calhoun announced Monday he would be stepping down as CEO at ...The Hill - Politics -
RFK Jr. super PAC says it raised $2M after VP announcement
A super PAC supporting Robert F. Kennedy Jr.’s independent presidential bid said it raised over $2 million following the candidate’s official announcement of his running mate. American Values 2024, the main outside group supporting Kennedy’s White ...The Hill - Politics -
A Lesson in DEI Failure From Britain
‘Diversity, equity and inclusion’ costs billions and doesn’t work.The Wall Street Journal - World - United Kingdom -
Larry David on Trump: 'Such a little baby'
"Seinfeld" co-creator and comedian Larry David tore into former President Trump for denying the results of the 2020 election during a recent interview, calling him a “little baby.” CNN's Chris Wallace asked David how much the issue of the ...The Hill - Politics - Donald Trump -
Middle East crisis live: Israel recalls ceasefire negotiators from Qatar, claiming Hamas ‘not interested’ in talks
Netanyahu’s office said ‘Israel will not cave to Hamas’s delusional demands’, ending immediate attempts to negotiate a ceasefire and hostage release deal. See all of our Israel-Gaza war coverageIsraeli media is reporting that the Israeli ...The Guardian - World - Israel -
GOP Senators raise concerns about ISIS attacks against Americans after Moscow shooting
Sens. Tom Cotton (R-Ark.) and Marco Rubio (R-Fla.) said Sunday that they were deeply worried about an ISIS terrorist attack targeting Americans after the group killed over 130 people at a Moscow concert hall on Saturday. Both Senators lampooned ...The Hill - Politics -
France raises its security readiness to highest level after attack in Russia, worried about IS
Yahoo News - World - Russia -
The Supreme Court appeared likely to preserve access to the abortion pill mifepristone after arguments in which justices suggested that protecting doctors who oppose abortion wasn't enough justification to roll it back.
The Supreme Court appeared likely to preserve access to the abortion pill mifepristone after arguments in which justices suggested that protecting doctors who oppose abortion wasn’t enough justification to roll it back.The Wall Street Journal - World - Abortion -
Clark, Iowa shake off 'rust,' close strong in R1 win
Caitlin Clark struggled to make shots early but finished with 27 points and 10 assists as Iowa defeated Holy Cross 91-65 to reach the second round.ESPN - Sports -
Russian officials raise death toll to 93 dead after concert hall raid claimed by Islamic State group; several detained
Russian officials raise death toll to 93 dead after concert hall raid claimed by Islamic State group; several detainedABC News - World - Russia -
Military leaders worry about U.S. failure to ratify Law of the Sea treaty
For years, the U.S. has failed to ratify the U.N.'s Law of the Sea treaty that covers deep sea mining. Absent America, China is set to dominate the new industry that could start next year.CBS News - Top stories -
John Carpenter on horror classic The Thing: ‘It was an enormous failure and I got fired’
‘Audiences hated the ending. They wanted to know who the Thing was. But I don’t care. That’s how I wanted it’. . . One of my favourite films was The Thing From Another World. The idea of remaking it was daunting but exciting. This was also my ...The Guardian - World -
Americans pay a steep economic price for Washington’s failure to confront Russia and Iran
Long-term consequences from short-sighted policies in Europe, the Middle East and China.MarketWatch - Business - Iran -
A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investorsABC News - Tech - Crypto -
America’s Affordable Housing Crisis
The housing crisis is likely to be solved in cities and states, not Washington.The New York Times - Top stories -
The Coming Electricity Crisis
Artificial-intelligence data centers and climate rules are pushing the power grid to what could become a breaking point.The Wall Street Journal - World -
Reforming the draft to The Larry David Rule: NFL changes we’d like to see
The league is transforming kickoffs. But there are other tweaks to football that could improve the sport for players and fans. The NFL will look radically different next season. The league’s owners voted on Tuesday to approve a new kickoff rule ...The Guardian - World - NFL -
How this bull market could unravel and what to watch for, according to Larry McDonald
Lawrence McDonald, author of "A Colossal Failure of Common Sense" and "How to Listen When Markets Speak," spoke with CNBC about his top concern for markets.CNBC - Business -
UK ‘slow to hold China to account’ for cyber-attacks against MPs and voters
As deputy PM expected to impose sanctions, head of international alliance says ministers have taken years to respond. The UK government has been too slow to respond to cyber-attacks by China, the head of an international group of parliamentarians ...The Guardian - World - United Kingdom -
Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures
Tesla Inc. lost another bullish backer — one who said Monday that slowing demand, rising inventories and tightening liquidity should hurt the electric vehicle giant’s results over the next year.MarketWatch - Business -
Slowing Growth Pushes California's Unemployment Rate to No. 1 Nationally
Post-pandemic ups and downs, and the tech sector's layoffs after hiring binge affect the state's declining job creation rate.Inc. - Business - California -
Global warming has slightly slowed Earth's rotation — and it could affect how we measure time
Ice loss due to climate change has slightly slowed the Earth’s spin, a new study shows — and it could affect how we measure time.NBC News - Top stories -
Grant Thornton partner pay jumps 11% despite growth slowing
Rise in operating profits by a fifth was a result of ‘one-off’ property-related incomeFinancial Times - Business -
Cyber-attack on voter data to be linked to China
The year-long attacks reportedly led to the personal details of millions of voters being accessed.BBC News - Top stories - China -
Easter Egg Roll at the White House Fast Facts
Read CNN's Fast Facts about the annual White House Easter Egg Roll.CNN - Top stories -
Abortion and America's Phony 'Pregnancy Crisis'
Contrary to the CDC’s claims, maternal mortality rates haven’t changed much since 1999.The Wall Street Journal - World - Abortion