Meanwhile, the firm's wealth management franchise reported positives for the second quarter despite the broad stock market decline seen so far this year.
Senate Majority Leader Chuck Schumer’s tax plan is key to the Democrats’ economic package.
Futures priced roughly a one-in-two chance of such a hike after consumer prices rose a hotter-than-forecast 9.1% in the year through June.
The exchange-traded fund seeks to invest in companies that create American jobs and will screen out firms that stress political activism.
Investors should bet on credit instead, because valuations have improved and default risk is contained, according to BlackRock strategists.
Retail investors were more apprehensive about cryptocurrencies whereas professional investors were more open-minded toward digital assets.
The move would potentially position Iqbal Khan as the eventual successor to CEO Ralph Hamers.
The nine ETFs, which have tracked EU-regulated climate transition benchmarks since October, attracted a net $2.7 billion this year as of mid-June.
The firm asked for a restraining order against 90-year-old Leonard Bernstein in Oklahoma County District Court Tuesday that would bar him from its offices and from any contact with former colleagues.
The reduced its estimate for annualized gross domestic product growth to 1% for the second quarter, down from 2.5% previously.
