BlackRock CEO Larry Fink sees retirement as ‘silent crisis’ facing global economy
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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 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 -
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 -
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 -
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 -
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 CEO Suggests Working Longer to Avoid U.S. Retirement Crisis
Larry Fink, whose firm controls trillions in retirement funds, says averting collapse of Social Security funding and the nationalretirement model requires major personal, corporate and governmentalchanges.Inc. - 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 - Business -
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 -
America's retirement age of 65 is "crazy," BlackRock CEO says
BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."CBS News - Top stories -
The weakest links in the global economy are on the mend
Some of the most prominent beleaguered nations are now carrying out radical reformsFinancial Times - Business -
An Economy Perpetually in Crisis Is Shredding Pakistan's Middle Class
The country’s political and economic turmoil is leaving middle-class people struggling and the poor battling to survive.The Wall Street Journal - World -
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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 shipping containers can make or break the global economy
Global trade requires shipping containers. China is responsible for over 95% of shipping-container production, potentially making U.S. businesses vulnerable.CNBC - Business -
China's Xi meets American CEOs in bid to boost confidence in ailing economy
China's President Xi Jinping met with top U.S. executives in Beijing as his government tries to reassure foreign businesses about the economy.NBC News - Top stories - China -
Global CEOs flock to China as tensions mount over export glut
Apple’s Tim Cook, ExxonMobil’s Darren Woods and HSBC’s Noel Quinn head to Beijing for annual development forumFinancial Times - Business - China -
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Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - World -
Boeing CEO, other executives stepping down amid safety crisis
Three senior Boeing executives including its CEO are stepping down, the company said Monday, as the company continues to deal with an ongoing scandal and federal investigation into the safety of its passenger jets.NBC News - Top stories -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - World -
Boeing May Turn to Outsider for its Next CEO to Tackle Spiraling Crisis
As Dave Calhoun exits amid a series of accidents and safety lapses that leave the aircraft maker's reputation in free fall, its revamped board seeks a success, who may come from outside the industry.Inc. - Business -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - Business -
Boeing boss to leave as firm faces safety crisis
Dave Calhoun will leave the planemaker at end of this year amid a deepening crisis over its safety record.BBC News - Top stories -
Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant
Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup for the embattled aerospace giant.CNBC - Business -
A U.K. court upheld the conviction of Tom Hayes, the alleged ringleader of a conspiracy among big banks and brokers to rig interest rates during the global financial crisis.
A U.K. court upheld the conviction of Tom Hayes, the alleged ringleader of a conspiracy among big banks and brokers to rig interest rates during the global financial crisis.The Wall Street Journal - World -
California homeowners face an insurance crisis. What will it mean for home prices in the state?
Californians face yet another setback on the housing front as a major insurer pulls out of 72,000 home-insurance policies, citing costs.MarketWatch - Business - California -
Sam Bankman-Fried's multibillion dollar FTX fraud
What the Crypto King's fall from grace means for the future of cryptocurrencyBBC News - Top stories - Crypto -
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 -
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
Latest loss of $8.5bn in Texas comes after asset manager tried to make inroads in the Republican stateFinancial Times - Business -
BlackRock's Murry Gerber Seeks to Remain as Independent Board Director for Another Year
Gerber would remain in the position for an additional year during the close and initial integration of BlackRock’s acquisition of Global Infrastructure Partners, Blackrock said.The Wall Street Journal - World -
BlackRock's Murry Gerber Seeks to Remain as Independent Board Director for Another Year
Gerber would remain in the position for an additional year during the close and initial integration of BlackRock’s acquisition of Global Infrastructure Partners, Blackrock said.The Wall Street Journal - Business -
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 -
Boeing CEO steps down
Boeing CEO Dave Calhoun and its head of the commercial airplanes division, Stan Deal, are both out following a series of safety incidents with the company's planes. United Airlines is also facing scrutiny from the FAA. Kris Van Cleave has the latest.CBS News - Top stories -
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 -
‘Resilience’ of Belgian economy supports local start-ups
Main driver of growth is Flanders where sectors including life sciences and fintech are flourishingFinancial Times - World -
This Is the Best Way for Joe Biden to Talk About the Economy
He is defying 40 years of orthodoxy on the center-left.The New York Times - Top stories - Joe Biden