BlackRock CEO Larry Fink published his annual letter to investors recently, but his silence on three issues may speak louder than anything he said therein. First, Fink stayed true to his pro

BlackRock Inc. Chief Executive Officer Larry Fink said he expects the Federal Reserve to cut rates twice at the most this year, and that it will be difficult for the central bank to curb inflation.

Larry Fink, CEO of BlackRock, believes AI will increase productivity and wages. His firm has increased assets while keeping head count the same which Fink credits to AI advances. Although AI optimists hope it'll raise wages, others are more skeptical and fear job displacement.

BlackRock CEO Larry Fink said on Friday that he expects the Federal Reserve to cut interest rates at least twice this year even if inflation stays above the central bank’s 2% target.

Over the last year, BlackRock’s CEO has established a reputation as one of Wall Street’s most bullish on AI’s potential, arguing it will boost productivity and curb inflation. But whether AI will help or hurt employees’ paychecks is still an open question.

In a recent letter to investors, BlackRock CEO Larry Fink said: " [S]tudies show that about 40% of employees cash out their 401 (k)s when they switch jobs, putting themselves back at the starting line for retirement savings." That statistic is awfully alarming. The reason? Cashing out a 401 (k) could have seriously negative consequences.

BlackRock's $12.5 billion purchase of Global Infrastructure Partners is just the start of its private market plans.

The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.