those on wall street trying to think whether or not it will impact blackrock what exactly is blackrock i don't quite understand pushback from the financial press. you understand that esg is this mammoth platform effectively encompasses the world economics, governance, environment and social there's hardly nothing that's not included in that when you go to the university's web wage, kd 12 web page, virtually any not for profit business in the country you see fruits of esg. now we have large businesses that we compete for in south carolina because we are a very modern state bmw, mercedes, boeing, valvo, when we compete for the large businesses they're saying because of esg, we want you to spend more money we want you to do this, this and that so, again, it's the large middle class that doesn't have a say that doesn't understand esg. especially intricacies asked by the richest people in the world to go spend money so they can make more money. i don't represent the rich elites lar fink hangs out with i represent bob spunny and the insurance agent. you know it's a great different world we'v

philipp hildebrand, vice chair of blackrock.till to come, nomura joins us to talk about the chinese economic outlook. stay with us. this is bloomberg. ♪ millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. >> we are looking at the japanese market recovering from a recent loss by the end. -- the yen. still inching towards 150, a psychological level. broad-based markup taking place. >> we could have another rally -- too soon to see if we could have another rally or how sustainable this is. the s&p breaking above or below that key technical level certainly is helping things. we are se

it's interesting to see protesters at blackrock given the fact that blackrock is the police of this esgy fink wants, that's environmental dictating things and yet these climate activists are still upset, they're protesting over blackrock's environmental, social and governance investments. it's not enough for them. >> it's kind of ironic because they were doing exactly as you say, protesting from the climate activist perspective yet ironically the attorney generals from various states are complaining about blackrocks' fiduciary role in the esg movement where they're failing objectives and causing higher returns and -- lower returns and higher fee as a result of their imposing capital constraints on various sectors via esg. maria: yeah. i mean, you make a great point. lower returns and higher fees. larry fink has for a long time told companies, look, we're your largest shareholder because he owns all of the etfs and at the end of the day they are the largest shareholder and he votes all of that stock. you may or may not even agree with him but he's still voting the way he wants to vote. h

blackrock, they're a fine investment firm. they were the top two that i utilized my exemption privileges not to choose blackrock. i can see where they were headed. it wasn't tenable for us. since then, the few remaining funds in blackrock, we removed them and now down to the last 200 million and that will be out by december. >> laura: i love this. money talks. congressman, last month blackrock's ceo larry fink who we covered extensively on the angle, he talks about how high energy prices were actually a good thing. check this out. >> laura: >> because of the rising energy prices, we're certainly seeing the green premium shrink quite considerably. so the amount of investment dollars that are going into new decarbonization technology is accelerating. accelerating rapidly. >> laura: congressman, this is why you called on the gop to end this uncomfortable decades long union with big business. >> that's right, laura. the republican party is better off for it. as we divorce ourself from the corporate interests of wall street and put

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he cofounded blackrock -- cain acquisition.e now pushing into hotels as well as the saudi investment fund. i am pleased to say that jonathan is also joining us for the first major u.k. interview since he became the co-owner of chelsea football club in london. thank you for joining us. when you look at real estate across the world, there are all kinds of things like markets that are in a recession and inflation print how tough is it out there? jonathan: it has been a tough world in the past few months and we have a rising interest rate environment across the world. i think the american economy has the robustness to drive itself through the difficult times and find itself on the other side. america being the size it is, it has pockets of great worth. we have been fortunate that we have invested significantly in miami in 2016. we have had an unbelievable growth effort during the pandemic and we have 640,000 square feet of complete completion. all migrating down to miami, so we do think in every environment, you have to try and be

tom: global chief investment strategist at blackrock.uel prices jump as opec considers cutting output by more than one million barrels a day. this is bloomberg. ♪ tom: welcome back to 24 minutes into your european trading day. stocks in europe currently down .8%, there is a moving to u.k. debt, the pound currently at 1.12 after the u-turn from the government on the top rate of tax. brent another big story, oil prices down more than 3%, opec+ is weighing cuts of more than one million barrels a day when they meet in person for the first time in more than two years. that would be the biggest cut since the start of the pandemic. we are joined by paul wallace, let's start with why they are meeting in person for the first time in such a while? >> it's been a pretty dramatic few days as far as opec+ is concerned. on friday night, they decided to push ahead with an in person meeting on wednesday. we didn't think we would see a and person gathering until at least the end of the year. we think the group is planning a big cut in output production.

blackrock c i o of global fixed income. rick rieder. thanks so much. in studio with us. thanks for having me so obviously the feds hikes were feeling them in the economy. but is it actually showing any signs of affecting inflation, which is their goal? you know you don't see a lot of it yet. i mean, when you look at, you know, we looked at the employment cost index that came out and it's still high. you look at. i mean, we're still running year on year cpi over 8% so it's still hasn't really worked through yet. but you're seeing him and i think the signs of a reduction, inflation or happening. good freight costs, low commodity prices, you get shelter. the housing market by every metric is coming under pressure shelters a big part of the inflation metrics so you can see that it's coming. but heretofore, if you look at the current data, it's still pretty sticky. you're confident it's on the way this is going to trickle through. i mean, i'm very confident that it's on its way. listen, it's still going to be higher than it's been historically for two reasons. one is wages ar

ethan harris of bank of america. >>> look at blackrock, it was the first of the financial companies totopping quarterly estimates thanks to strong demand for its etfs and other low risk funds. but total assets under management did fall below 8 trillion for the first time in two years. currency headwinds, rising rates, potential recession all dampening investment activity, jpmorgan, citi, wells fargo, and morgan stanley out with earnings before the bell tomorrow let's get to leslie picker for more what did we glean from blackrock, leslie, and how does it relate to the bank earnings we're expecting? >> yeah, so what we saw with blackrock and this is what we see every quarter is this a company very much affected by what goes on with market activity i thought this note from evercore isi summed up the quarter perfectly saying nowhere really to hide in this tape, but they did the best that they could. now, you see shares up 6.4%. that's largely just because the broader market is up so strongly today, so blackrock is reacting to that. their big beat stemmed from a low tax rate they enjoyed du

so you can seef it'mos a loneyr money at blackrock.ou know, our foreignthe to investment firm, they were the top two utilizeilized my exemption privileges not to m choose blackrock. i could see then where they were, where they were headed, and it just wasn't tenable for us .e th since then, the few remaining funds we had in blackrock, we, e removed them and we're down to the last two hundred dollars dollars and those will be out by february excuse me,be by december.r. i love this money talks last and congressmen last monthmo, blackrock ceo larry fink, we've covered extensivelye talk on the angle. he talked about how highs enerp pricesri were actually a goodths thing. check this out. out >>because of the rising energy prices, we are certainly seeing the green premium shrink quitete considerably. and so the amount of investment dollars that are going into new decarbonization technology is accelerating and accelerating very rapidly. >> congressman, this is why you've called on the gop to end this uncomfortable decades long union with big

blackrock was reporting this morning they're down 4%.y do -- this is a down market so they're bound to be down but how did they do? susan: i would say earning season start #ed off pretty well and strong. blackrock beating on the top and bottom lines and those numbers dropped from last year. demand for etfs and other low risk products continue to remain strong. i was looking at some of the funds, did you know they attracted almost $65 billion in cash despite the fact you had the worst start to the stock markets since the great depression in 1930s. stu: that's impressive. blackrock to 511. what else? susan: wall green boots. the outperformer today. it was up close to 6% in the premarket before the inflation report, strong sales, strong profit, and they raised their long term sales targets but they do warn that a strong dollar and tough comparisons during the covid vaccine boom from last year will be difficult going forward. stu: okay. you found us one winner. how about delta? is that a winner? susan: it was up, that's completely reversed.

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as such ubs downgraded blackrock from neutral to buy.earnings today expecting a contraction in eps and revenue compared to the third quarter. shares have plummeted nearly twice as much as the s&p 500 this year amid the turmoil in equity and fixed income. >> leslie, thank you. we will see what happens in seconds because blackrock results are out. when they are we are going to dig through them and bring them to you momentarily. >>> joining us now for more on the markets ahead of todays cpi report is joann phiney. you sound optimistic about where things stand, pricing and value out there. prices come down significantly and you say there are risks for pockets of areas you see earnings that turn down but think there's potential bargains out there, too. what do you like best? >> yeah. good morning becky. with the inflation uppermost on people's minds i think there's incite to be gleaned from that. the expectation that core inflation, likely remains high because rental costs are so high. that's starting to feed more and more in to price indices

francine: karim chedid, head of investment strategy at blackrock.e will take a look at the turmoil and -- engulfing the u.k. this is bloomberg. ♪ francine: welcome back to the open, everyone. we are 25 minutes into the european trading day. the focus is on markets, worrying about the u.k. and global inflation, still trying to figure out what is happening with the fed. and the other unknown is what's happening in china. that's putting markets on tenterhooks, the cac 40 down .2%, the ftse is flat. the big one is the u.k.-30 --year-old -- 30-year yield. alice: we have details of a rebound at goldman sachs, the bank plans to combine its flagship investment banking and trading business units into one. the report says reorganization could be announced within days. rupert murdoch wants to combine news corp. the move would likely consolidate power in the hands of his son lachlan, the ceo of fox. the client has not spoken about the deal but the company acknowledge the deal was in the works on friday. francine: ellis atkins in london. coming up, the bank of e

what were you doing at blackrock? brian: two things.as trying to actually do financial research to understand what our drivers of long-term economic performance that are financially relevant, but that may not be on the mind of traditional investors. one of the most persistent measures of financial performance uncorrelated is the rate of change at which a company brings down its carbon emissions, not just the level, but the rate of change of doing so. we did a lot of research to find that that is in part because it is an uncorrelated measure of operational performance. better management teams better manage against that. that becomes the kind of thing that you can invest against, but it also expands the universe of what investors are thinking about. david: when president biden was starting to run for president, did you support him, were you working the campaign for than vice president biden? or did you work for somebody else? brian: for most of that time, i was busy and i had a job and a family. anytime anyone called, i would offer -- dav

blackrock silver. (vo) hi. we're visible.d of wireless company... ...running on a big impressive wireless network. how are we different? we exist only on your phone. so you get unlimited data for just $30/mo, taxes and fees included. plus we have a new plan with 5g ultra wideband. switch today at visible dot com. >>> welcome back to the half senior markets commentator mike santoli joins us once again from the new york stock exchange with his midday words it seems like we can overcome a lot in this market michael, one thing we can't yet rising rates or rates shooting higher and bearing out again today. >> absolutely. it's the same raw nerve we've been dealing with for a while. the ten-year sitting right at the 4% threshold i think part of the premise of yesterday's rally even though a lot of it might have been mechanical and just a measure of how oversold stocks were was that treasuries didn't really have a caulky response to the cpi number all those things i think just keeps the equity market kind of on alert and maybe on its

that is, louisiana divesting in blackrock. how hard is it for folks like him and for folks like you who are investing to get this kind of criticism, no matter what you do >> well, blackrock and larry in particular are a great example of private sector leadership anyone who says that climate shouldn't be a factor in how you evaluate the future of a company, you know, that's not capitalism, because companies that have emissions, you know, they are going to be subject to border adjustment tariffs or taxes. you also have to think about companies, you know, if you're dealing with severe weather events, that's got to be factored in. is the company ensuring that are they becoming more resilient? so the attacks are kind of illogical, because climate does affect the economy, which does affect investments the idea that we still need oil and natural gas is also, you know, fairly clear we're not going to drain all the money away from that today, it's how people avoid freezing to death in the winter. and, you know, people did get a little

still have, blackrock's assets are tumbling, we will dive into the details next.his is bloomberg. ♪ kriti: this is "bloomberg: markets," i am kriti gupta. let's go back to the breaking news netflix looking to introduce it and advertise the sporting -- supported plan charging a seven dollar level. this is been in the works for a while. thank you for joining us, walk us through your immediate reaction on this news. >> thank you, everyone was waiting for this price point. we already knew that disney plus had come out with its price point, they are launching on december 8, had an eight dollars rise point, the big question is where will netflix pay -- prices product? i thought it was take -- price of this aggressively. timing it before the disney plus launch november 3, they are pricing aggressively. this should help them not only limit turn, but also open up the product to a whole new set of subscribers. kriti: speaking of, this is something netflix said they had to because they were bleeding subscribers specifically in the united states and europe. the deceleration c

. ♪ [inaudible conversations] rachel: protesters carrying pitchforks storm ised blackrock investments that they stop, quote, funding climate death. climate death is an idea gaining momentum in australia to modernize death certificates to include climate change factors. here to react is a former epa official under trump. mandy -- [inaudible] did i say that right? >> you did, that was great. rachel: mandy, listen, i know these climate activists aren't the smartest tools in the shed here, but i'm confused, because blackrock investment is behind esg, environmental social governance, that's pushing climate policies in corporations. what's going on ear concern here? >> it just shows you that nothing is ever enough for these extreme climate activists. and what they want is they want to find a way to directly tie climate change to death, and nothing is off limits for them. they're attempting urn the guise of modernizing death certificates, trying to turn that into a tool for their activism. that is an absurd new low. and let me just tell you what they're trying to get. they're trying to get h

overall macro investors, joe simons who helped invent quantitative investing, larry fink who bui blackrock. mb people. >> we will put the numbers on the screen if you have a question or comment for david rubenstein. a lot of topics he can talk about, he has also written history and leadership books. the numbers are up on the screen. go ahead and dial in. what is the goal of investing? it is the highest return on money invested, correct? >> not necessarily. there are some people who care about other things. there are people who care about esg, environmental, social, and government factors. they will not invest gas because they do not think that is good for the global climate situation. generally investors are trying to get a good return on their money and do it in a legal and ethical way. >> someone who owns a venture capital firm, are you an esg investor? >> carlisle as one of the best esg programs. we do look at esg standards, but it is not the only thing we look at. if something looksd but it is a bad investment will not do it. >> do you agree with the esg philosophy? >> the esg philosop

blackrock is not just another woke corporation.e the leader of the environmental social govern san francisco movement that addresses cry mat change and equity inclusion and virtue signal. they still need to invest in fossil fuels and oil and gas and they do. so they have it both ways. they try to make money and try to stave off the mob like they are pretending they are a social justice firm but it's not good enough. all the executives are living in little house on the prairie. maybe then they will satiate that crap. dan: that's why you do the dave cha pell. topic number three. you know the corona bros. they wear 72 masks, a popular d.c. entertainment district had a controversial no mask rule. they meant halloween masks. the corona bros lost their minds. pete: all they did was forget to say no halloween masks. how dare you threaten my personal health and safety. the fact that they are block halloween masks on halloween for everyone's safety? they already lost their minds. now they are falling over themselves to lose their mind again

walgreens and blackrock and dominos. we will hear from wells fargo and citigroup and morgan stanley and jpmorgan chase. >>> overnight, the bank of england introduced an orderly end to the emergency purchase program for the long dated government bonds buy bonds between larger amounts between now and friday when the program is scheduled to end. the central bank said it is making the move to protect markets and investment funds ldi. it is launching a temporary expand exp expanded collateral repo facility >> they expanded how much they're saying they are going to spend. my guess is they extend how long they will say that they have not been fulfilling the limit that they have set to this point some of the funds are not going to sell and figuring a better price point for it a lot of questions coming with this it does feel very much, don't you think? 2008 with the repo window? >> i hope it is not 2008 >> are we still at 75? >> yes >> it has to be 50 50 and take a look >> the market is betting 75. >> the market is betting 75. th

wei li is global chief investment strategist at blackrock — which is one of the world's biggest investmentwhat the ecb may announce today. a, what the ecb may announce toda . �* . . ., what the ecb may announce toda . �* . . .. ~ what the ecb may announce toda., . ., ,, ., today. a bumper rate hike at this point — today. a bumper rate hike at this point is _ today. a bumper rate hike at this point is very _ today. a bumper rate hike at this point is very much - today. a bumper rate hike at this point is very much a - this point is very much a foregone conclusion. what we care about is really around an indication of peak rates, at which point they would cause rate hikes in response to not just inflation, but actually of the growth impact and the growth damage of hiking aggressively. we believe that in 2022 the focus is really around the politics of inflation, which is why not only are we seeing the ecb but also the bank of england aggressively hike rates. but at some point, first half of 2023, we believe the focus is going to shift from the politics of inflation to the economics of inflatio

blackrock reported assets that tumbled 16%, they did have inflows but that also missed estimates. be a little bit of nervous news for asset managers given the damage in markets. manus: well let's carry on our conversation on banks because it is earnings season. third quarter numbers are going to hit the tape. what can we expect when financial reports hit today? we've got citigroup, j.p. morgan, the giants that reported today, the set of earnings heavily scrutinized as to the direction of where we go towards the end of the year. let's take it to the cio for greenwood capital, the lens is what has it in theory. but we will have not such a soft landing according to jamie dimon, talk me through the net interest income, and how important that is and where we are with wall street banks. walter, good morning. walter: good early morning. there is going to be a couple of dynamics at play with bank earnings. on the one hand, net interest margins, and the traditional banking business taking deposits is going to be really strong because interest rates have added up much more aggressively than

blackrock and mr. fink did respond yesterday.e said, facts are not important with some subgroups in this country. i'm now being attacked equally by the left and the right, so i'm doing something right, i hope i don't know it's painful, but you know what? we're moving forward >> well, i mean, now, i know that the south carolina treasurer was saying that this is hurting minorities, that he's doing that first of all, there are people who want these funds, but second, the best-performing stocks of the quarter were constellation energy and end phase. constellation energy is almost no fossil fuels, and phase is a way to charge your car so if you did go esg, you crushed it so i don't know who is saying that it's bad it h >> the treasurer was not focused as much on the "e" as he was on the "s" and the "g." >> i'm talking about the "p" and "l." >> he used the word, global eleets but blackrock going to be dealing with this for quite some time this is only, frankly, beginning. it's nowhere near ending guys, looking at my screen, not a lot o

louisiana has just announced it's divesting from blackrock because blackrock is one of the main pushersstick esg policies. >> the state of louisiana is pulling nearly eight hundred million dollars from blackrock ,says it's, quote, blatantly anti fossil fuel policies would destroy louisiana's economy. >> john shroder is the treasurer of the state of louisiana. and we are grateful to him. >> join us . thank you, sir. thank you so much for coming on . so they're trying it from the quote we just read to destroy the economy of your state and your saying we're not participating in this . well, no talk because they're going to use the money that we invest against us . i mean, that's insane. the whole oil industry already, the economy already, you know, battling with the federal government and now corporate america is starting to engage in it. and i'm not going to let our monies be invested in a company that wants to see one of the biggest industries that that drive louisiana destroyed. >> well, of course, it's kind of the last thing that you need. you shouldn't be ashamed of having an energy e

laura cooper from blackrock. coming up, plenty more on the future of china. it lies in the hands of president xi and his circle of proven loyalists. that is next. this is bloomberg. ♪ francine: welcome back to the open. 14 minutes into the opening trading day. a rally started friday but faltered today under the weight of the declines of some of the chinese stocks. european stocks overall gaining 1% and the ftse is flat. chinese markets tumbled as the president tightened his grip on power after he filled the country's most powerful bodies with his close allies will also securing unprecedented third consecutive term at the close of the party congress in beijing. the gdp grew faster than expected in the third quarter with a industrial activity improving. retail sales also weakens. this is a picture across the board on exactly what is going on with some of these asian equity markets. let's speak now to rebecca. thank you for joining us. what does the new lineup tell us about xi and china's direction going forward? >> we have seen xi tightening his grip on power p

manus: blackrock moves to unwind trades. in other words, they do what we all did in 2007.se positions because you don't have the margins, pull the ripcord. blackrock and others. do they have a sponsor ability in the convulsion in the market last week? gordon: your previous commentator was mentioning the legislation was put in place from the financial crisis has made financial institutions and banks stronger, but it makes them faster to pull the cord. manus: do you think that bar shock last week is done? gordon: i think in that part of the market in this done but there will be unknowable consequences. dani: the known unknowns come back. gordon, fed above 5%? can we get there without breaking something? gordon: you've got to break a small amount of things. restaurants can exist because some go bust. manus: two generations have not seen a mortgage at that price. gordon: it will be horrible. 20% fall in house prices in the u.k., there will be political fallout. dani: that's not what we wanted to hear, gordon. [laughter] is the fed and boe not going to back off if this is the c

the state has pulled $560 million from blackrock which faced pressure over its esg policies from republicand group. >>> the biden administration is looking to ease sanctions on venezuela to allow to start pumping oil from the country according to the wall street journal, the move would reopen u.s. and european markets to oil exports from venezuela putting new crude on to the market the journal adds the deal would require president maduro's government to allow free and fair elections in 2024 there are no sanction policies planned from the maduro regime >> thank you, silvana henao. >>> turning attention to our top story. investors still looking into the decision of opec to slash output by 2 million barrels a day the move is expected to send retail gas prices higher after weeks of decline sparking new concern around inflation brian sullivan spoke with bin salman who says this would lead to a drop off in oil and possible recession joining us now is founder and ceo is sadad al husseini >> good morning. >> a lot of the headlines with the production cuts by opec and impact on the retail gas prices

climate protesters at it again storming black rock headquarters with pitchforks, blackrock is a giantere have been a number of bear attacks in america and one wildlife expert is blaming it on democrats woke policies. he will try to explain that one to us next. people remember ads with young people having a good time. so to help you remember that liberty mutual customizes your home insurance, here's a pool party. ♪ good times. insurance! ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. ♪ my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. debt, debt, debt. so i broke up with my credit card debt and consolidated it into a low-rate personal loan from sofi. i finally feel

earnings season is also ramping up we'll hear from blackrock, delta air lines and walgreens today.et you ready for tomorrow's bank earnings blitz >>> plus, fallout from the u.s. government's chip bank earnings blitz. >>> plus the kip crack down on china. thursday october 13, 2022 and squawk box begins right now. >>> good morning everybody. welcome to squawk box here on cnbc live from the nasdaq market site in time square. i'm beck

but here, we're talking about blackrock.t's been interesting to see, this gentleman comes on "squawk box" all the time, raising a lot of money, what is it, stribe or something like that, with the anti-esg platform. there is a real battle going on here you have a number of states that are now wanting to withdraw funds from anyone who's following an esg >> i think that going into larry fink and his -- it's so wrong-headed mr. fink has thought more about the slow nature and is closer to and knows more about the oil patch than almost anyone i mean, what do we want from a fund then? do we want them to be pressuring them to be like what happened in germany, so vulnerable or do you want someone balanced who says, over time, we got the get more green david, think about the people who will be running money ten years from now they're people who have come of age in the era where we realize that we have no choice because of the globe because of worries about the planet so, i think he's more in tune with what's going on than anyone else

also a factor third-quarter earnings season kicking off with blackrock, delta and walgreens all out before the opening bell. the dow entered dow industrials finished lower as the fed minutes confirmed an aggressive stance on grades by fighting inflation, markets expecting another 75 basis point hike on november 1 and second. one also did on they're down dusters about 28, the s&p 500 lower by 11 at 4:00 o'clock on wall street. s&p 500 closing at the lowest level since november 2020. let's check oil prices falling three days in a row this morning rising opec announcing cuts in 2022 in 2023, demand growth they are expecting lower demand in the price of bread $2.93, crude oil 8755 up with 30%. the king of saudi arabia confirming joe biden attempted to coerce them to postpone any oil cuts in production until after the midterm elections. european markets look like this as investors are looking ahead to the u.s. inflation data out this morning s&p 100 up six, the cat, and the dax index higher by 90 points right now. in asia overnight across-the-board south korea the biggest hit with the decline o

in front of blackrock ceo stephen schwartzman's apartment building. the protests were organized by extinction rebellion, new york communities for change, sunrise nyc, and other groups. in iran, protesters have defied threats from the revolutionary guard as they continue to take to the streets. on sunday, security forces unleashed tear gas and gunfire on students at universities across the nation. the ongoing demonstrations come after the head of the revolutionary guard hossein salami issued a stern warning over the weekend. >> set-aside -- today's the last day of the riots. do not come to the streets anymore. amy: this comes as a new report by the intercept reveals an iranian government program that allows for the monitoring and manipulation of protesters' cell phones. meanwhile, over 300 iranian journalists signed a statement demanding the release of two journalists who are reportedly being held at the notorious evin prison. niloofar hamedi and elahe mohammadi are credited with breaking the story of mahsa amini's death and covering her funeral. iran

visit indeed.com/hire blackrock silver is advancing one of the mahighest-grade undevelopedon. silverjects in the world, in the "silver state" of nevada. with a maiden resource estimate just announced, the focus now is on further expansion. blackrock silver. >>> let's get a check on shares of lyft, which are get pummelled in the current session downgrading sector performed this morning, cutting the target from $30 to $16. it's trading at $12 and change pick up times and prices, from uber driving competition the brokerage says it's bracing for challenges to the platform's market share moving forward. take a look at the stock shares are down, as i mentioned, nearly 10% on that call. remember this is a company that went public at 72 bucks a share. market cap now nearing $4 billion got to wonder if it's a target at this point. "techcheck" is back after this >>> major indices took a leg lower over the past ten minutes or so. as we head towards noon the nasdaq down about 3%, the dow more than 500, ticked up a bit from there but back down near session lows we'll see where it goes from here c

blackrock silver. >> welcome back to "squawk box."ana will pull $800 billion from the blackrock over the esg strategy. it would cripple the louisiana energy sector. blackrock is facing pressure over the policies from the republican led states and groups fascinating about this is the tactics that liberal and progressive states used for years in terms of how they use treasuries and pension funds to influence policies is something that red states have not done because they argued that they believe the free markets and that is actually a terrible tactic to use. you shouldn't use your shares to influence these things now we're in a situation where we're in the red state/blue state battle not over politics >> this is actually a good thing. >> but you can debate that >> i know. >> the interesting part about this is really now i think you will get into the unique divide over investment products which is a new feature of the market and i don't think it has been -- we will see how far it goes. >> i wonder if it puts pressure on esg and makes it

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blackrock silver. [watch: heart monitor connected.]y makes it easy to connect to everything from your wrist. [watch: speakers connected.] but to connect to all your clouds, you need more than technology. [watch: 50 feet to pin.] well that's not fair. you need cdw to implement vmware cross cloud services. a portfolio of multicloud solutions. it'll simplify workflows, speed innovation, and secure all of your applications. how did you get here?! [watch: the backdoor is open.] vmware makes connected multicloud possible. cdw makes it powerful. - oh, the stock market is doing that fun thing again. news from the future: you're going to live through that about 10 more times! (laughs) no stress. i just discovered yieldstreet. they vet investments that don't ride the stock market rollercoaster. - [narrator] yieldstreet: private market investing. >>> very volatility week for tech as a slew of big names hit notable and all-time lows. dom chu is watching some of the key names today. >> let's take you through that story because with the qqq nasdaq 1

we close with this, the state of louisiana pulling nearly $800 million back from blackrock funds.state says is going to cripple, so balancing climat climate goals with financial needs. it was a key topic at today's conference let's listen to a little pit of what was discussed j we think the market is ready to have a conversation about economics and so we don't need political theater on either side we need to work with the biggest public companies in america as a capitalist system was set up to do to take material impact areas into account if you think about it that way and you think about it as aligning how the companies have higher value over time as well as how they can quantify and address their major impact areas, it becomes extremely constructive >> we do it because we think it's right, but we also do it because we think it's going to be the better business i don't think there's any question for a modern company, a forward thinking modern company that we need to be carbonized. in fact, when i speak to our most important investors, whether they're european investors or america

blackrock silver. lily! welcome to our third bark-ery.usiness is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. >>> welcome back to "the exchange," a couple of minutes to go here i want to get to one more thing before we go and that's the state of freight, transports widely reviewed as a recession indicator. they go down, so does the economy. they are handily outperforming the s&p at the start of the fourth quarter. is this trend going to hold? frank holland has been following the story. >> the company plans to warn about lower holiday peak volumes on october 21st. ups shares hit harder, falling 3 1/2% i've been in contact with fedex. they have been updating contractors that operate

blackrock silver is advancing one of the highest-grade undeveloped silver projects in the world, in thete" of nevada. with a maiden resource estimate just announced, the focus now is on further expansion. blackrock silver. >>> what do you do with a great retail turnaround story in a market with the absolute lowest retail this say macy's question this is a department store chain with a magnificent turn around coming out of the worst days of the pandemic and the most recent quarters surprisingly strong but nobody seems to care because the rest of retail is troubled i had a chance to catch up with the chairman and ceo of macy's and world famous flag ship store where they're opening a new toy section in partnership with the toys r us. take a look. jeff, i'm here on your amazing floor and i feel the wonderment of a department store. >> i appreciate that, jim. >> how does it happen? how does it feel so magical? it reminds me of a little boy, you go to london and these department stores have a floor that you just want to play >> yes. >> it's working. >> you hit it on the head. i think everybod