BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’
Head of world’s biggest asset manager says market ructions are ‘impacting Main Street’
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An anonymous Twitter account sent markets reeling today
Journalists really need bulletproof BS meters right now
ExxonMobil chief’s pay rises 19% to $44.1mn
Darren Woods’s package tops that of sector’s rivals as the gulf between transatlantic competitors widens
Trump threatens new 50% tariffs on China
The US president said he will introduce the extra tariff unless China withdraws its own 34% counter-tariff on American goods.
CEOs think the U.S. is ‘probably in a recession right now,’ says BlackRock’s Larry Fink
The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.
A market rout made in the White House
Those with the president’s ear must urge him to change course on tariffs