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Private equity money changed the housing market, then the pandemic hit

Sep 29, 2021
Big corporate landlords are more likely to evict and harder to talk to, experts say.
The uptick in private equity money in the housing market could pose challenges for renters. Above, New York City's Stuyvesant Town apartments in 2006. Today it's owned by private equity firm Blackstone and its partner Ivanhoé Cambridge.
Don Emmert/AFP via Getty Images

BlackRock's new investment strategy: sustainability

Jan 14, 2020
The world's largest money manager now sees climate change as investment risk.
Larry Fink, CEO of BlackRock, said that climate risk is “compelling investors to reassess core assumptions about modern finance.”
Michael Cohen/Getty Images for The New York Times

What can one company’s results tell us about the economy?

Apr 16, 2019
BlackRock's first-quarter performance exceeded expectations.
“We believe companies need purpose," BlackRock CEO Larry Fink says.
Toru Yamanaka / Staff

The head of BlackRock just gave CEOs a talking to

Jan 17, 2018
Larry Fink, the company's chairman, issued a letter to corporate leaders urging more corporate responsibility.
“We believe companies need purpose," BlackRock CEO Larry Fink says.
Toru Yamanaka / Staff