Investment giant BlackRock is unwinding its diversity and climate programs amid a broader retreat from such programs across the country in response to calls from Republicans. The New York-based global investment company recently bought the ports on either side of the Panama Canal in a $22.

Blackrock’s CEO sees a silver lining in this economy, and the path forward points to tangible assets and artificial solutions

BlackRock CEO Larry Fink foresees a rocky 2025 but remains optimistic about technology-driven growth amid trade tensions.

The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison Holdings' 90% interest in the Panama Ports Company and a total of 43 ports comprising 199 berths in 23 countries,

Chairman and CEO Laurence Fink said on Tuesday at the RBC Capital Markets Global Financial Institutions Conference. "It's not as bad as it was in the '60s in the United States," he added. "There's a lot of tension right now" in North America with the tariffs being implemented.

CEO Larry Fink is notching some early wins in the new Trump era. The latest came Tuesday when the world’s largest money manager announced that a BlackRock-led investment coalition would take control of two key ports on either end of the Panama Canal for the price of $22.