For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a year prior.
Mark Wiedman, a top BlackRock exec thought to be Fink’s successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock’s growth in passive investing.
Stocks making the biggest moves midday: Eli Lilly, Applied Digital, Boeing and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest moves midday: Eli Lilly, Applied Digital, Boeing and more
These are the stocks posting the largest moves in midday trading.
Klarna scores global payment deal with Stripe to expand reach ahead of blockbuster U.S. IPO
The deal will let Klarna offer its popular buy now, pay later plans to merchants using Stripe’s payment tools in 26 countries.
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
Pinto has worked at JPMorgan and a predecessor firm for more than four decades.
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
Pinto has worked at JPMorgan and a predecessor firm for more than four decades.
Inflation watch: Wholesale prices rose 0.2% in December, less than expected
The producer price index was expected to increase 0.4% in December, according to the Dow Jones consensus estimate.
China’s electric car boom is expected to slow down in 2025
China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.
China’s electric car boom is expected to slow down in 2025
China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.