BlackRock, Vanguard and State Street collectively manage more than $20 trillion in assets. It’s not a political problem, but it might be an economic one.
Tag: United States Economy
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Jerome Powell Confirmed for a Second Term as Fed Chair
The Senate vote gives Biden appointees a majority on the Fed Board during a period of rapid inflation.
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Why Inflation Doesn’t Affect Us All the Same
The effects of rising prices differ, largely depending on what stage of life you’re in.
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U.S. Inflation Is Still Climbing Rapidly
Inflation data showed a slowdown in annual price increases in April, but a closely watched monthly price measure continues to rise at an uncomfortably brisk rate.