BlackRock CEO Larry Fink argued Monday that long-term investing could help limit wealth inequality at a moment when the rapid rise of AI risks further concentrating wealth at the top of society. In his annual letter to investors, Fink underscored that in recent decades, most wealth has moved toward people who own assets, rather those…
Politics
·
BlackRock CEO makes the case for long-term investing amid AI boom
CN
CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
Related Articles
Politics
Putin wanted an empire — instead, he became China’s vassal
Putin may ultimately be remembered as the man who exhausted Russia in Ukraine while surrendering much of his country's s...
CitrixNews Staff
·
1 hour ago
Politics
From 1976 to 2026: Two dramatic megatrends shaping America’s future
As America celebrates its 250th anniversary, the nation faces two megatrends - a rapidly increasing national debt and un...
CitrixNews Staff
·
1 hour ago
Politics
Lawmakers ramp up scrutiny of political fundraising platforms
Lawmakers are ratcheting up pressure on major political fundraising platforms ActBlue and WinRed as both parties intensi...
CitrixNews Staff
·
2 hours ago
Politics
Senate GOP balks at Trump demand to boost defense funding in third reconciliation bill
Senate Republicans say they are in no mood to back President Trump’s demand that Congress use the budget reconciliation ...
CitrixNews Staff
·
2 hours ago