In a recent letter to BlackRock investors, CEO and billionaire Larry Fink said it’s “crazy” that 65 is still considered the normal retirement age. He explained that the challenges facing Social Security and the fact that so many Americans are behind in saving for retirement are crushing the system.

Larry Fink, the CEO of BlackRock, raised eyebrows at the World Economic Forum in Davos, Switzerland, on Friday. Speaking on a panel with some of the world’s

BlackRock set a record for net inflows in 2024, with more than $600 billion.

The strength of the US economy is making BlackRock Inc. Chief Executive Officer Larry Fink wonder if the Federal Reserve may have to resort to increasing interest rates later after easing in the short term.

The strength of the US economy is making BlackRock Inc. Chief Executive Officer Larry Fink wonder if the Federal Reserve may have to resort to increasing interest rates later after easing in the short term.

BlackRock CEO Larry Fink says the strength of the US economy may lead the Federal Reserve to hike interest rates later, after easing in the short term. "I see probabilities" of an increase at some point beyond the next 12 months or so,