The United States’ federal budget deficit is currently projected to explode, increasing the federal debt to unprecedentedly high levels. A very gradual fiscal consolidation, with federal spending as a share of GDP declining slightly each year, would both raise economic growth and create a more resilient economy.

Major investors profess support for efforts against climate change but have very little to show for their promises.

If BlackRock shows true leadership on climate change, the whole world will follow.

Markets have concluded that the latest threat to the global economy has been removed. But just because Iran and the United States have so far avoided a full-scale war does not mean that markets are out of the woods.

Market impact will be “significant,” the BlackRock CEO said in a clarion call to fellow executives.

The high cost of education and soaring student loan debt has choked off the net worth of younger families.