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By Ross Kerber (Reuters) – BlackRock (NYSE:), the world’s biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street’s latest environmental step-back amid antitrust concerns raised by Republican politicians. BlackRock, which manages some $11.5 trillion, said that with two-thirds of its global clients…
Recruiters say Wall Street firms are planning to hire more tech talent next year.Jobs at AI companies like Nvidia and OpenAI, or ones that work with their products, are highly sought after.Recruiters Ben Hodzic and Matt Stabile outline how jobseekers can stand out in the hiring process.It’s been a tough…
My husband and I left our stresses of living in Seattle behind by moving to the suburbs.The tech boom raised Seattle’s cost of living, making it hard for us to afford a home in the city.Now we enjoy having a close-knit community — and easy access to the city.Growing up…
McKinsey helps banks and financial institutions with their generative AI efforts.It outlined the dos and don’ts of seeing a return on AI investments in a report.Business Insider spoke with McKinsey’s Larry Lerner about what will separate winners and losers.The bill is coming due for Wall Street banks’ AI investments.It’s been…
(Reuters) – U.S. stock index futures were muted on Thursday, pulling back after all three major indexes posted all-time closing highs in the last session, with focus on more employment-related data this week. The , the Nasdaq and the blue-chip Dow clocked record closing highs on Wednesday as technology shares…
Marvel actor Jack Veal told fans on TikTok that he was homeless after suffering abuse at home.Veal played Kid Loki, a child version of Tom Hiddleston’s character, in the “Loki” series.In the video posted on Sunday the 17-year-old said, “I have nowhere else to go, and I need help.” Jack…
By Selena Li, Scott Murdoch and Kane Wu HONG KONG/SYDNEY (Reuters) – More U.S. financial firms may pull back from China, hive off local units to minimise risks or pause expansion plans on concerns about geopolitical tensions in a Donald Trump presidency, industry executives and analysts said. Mainland China was…
By Stella Qiu SYDNEY (Reuters) -Asian stocks edged lower on Tuesday, contrasting with a strong Wall Street close and investor optimism about corporate earnings, while the dollar held near a two-month top, aided by bets on a smaller U.S. rate cut next month. Oil prices fell about 3% after Israeli…
Wall Street’s top performers are hard workers who tend to work long, intense hours.Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp.Here’s how finance professionals are unwinding and staying grounded. Call it superstitious, but Mark Zhu, a 34-year-old managing director at Blackstone, likes…
An anti-cruise rebellion is afoot in popular tourism destinations in Greece.Boats full of tourists who arrive on the island, crowd the streets, and leave trash have led to the “worst season” ever, locals say.It’s a story mirrored across Europe this summer, with anti-tourist protests breaking out in famous hot spots.In…