The president abruptly walked out of a meeting on Wednesday, saying he would not negotiate with Democrats while they continued to investigate him.Politicsread more
More voters in five key industrial states disapprove than approve of Trump's handling of trade — 56% to 41%, according to a report.Politicsread more
President Donald Trump said "I don't do cover-ups" at a surprise White House press conference where he blasted investigations into his presidency. "This whole thing was a...Politicsread more
When the Fed releases minutes of its last meeting on Wednesday afternoon, it risks sounding a bit hawkish.Market Insiderread more
China is considering cutting natural gas purchases from the U.S. in its tit-for-tat strategy on trade, according to the South China Morning Post.Marketsread more
Treasury Secretary Steven Mnuchin says he has spoken with a top Walmart executive about how it can keep prices low amid the U.S.-China spat.Marketsread more
Sidewalk Labs has faced public scrutiny over its plans to build a smart city on Toronto's waterfront, adding obstacles for the project.Technologyread more
Escalating trade tensions have hit emerging markets hard this month. With the trade war still a looming fear for markets, Miller Tabak equity strategist Matt Maley is making a...Trading Nationread more
A put credit spread is a good, risk-conscious way to trade the volatile semiconductor cohort, says TradingAnalysis.com founder Todd Gordon.Trading Nationread more
Investors are writing off Lowe's new CEO Marvin Ellison, "but he's been there for five minutes," says CNBC's Jim Cramer.Investingread more
You know San Francisco is too expensive when even the tech workers would prefer to settle down somewhere else. Here are 5 cities they'd prefer to be in, according to a survey...Personal Financeread more
The New York Times reported Fink will tell business leaders in a letter on Tuesday that their companies need to do more than just make profits. Companies need to contribute to society as well if they want to receive support, Fink argues in a draft letter obtained by the Times.
Fink's BlackRock manages more than $6 trillion in investments through 401(k) plans, exchange-traded funds and mutual funds.
Fink and seven partners founded BlackRock in the late 1980s, and the firm has grown to the largest asset manager in the world.
"They talk about the fact that they're in effect going to do exactly what market does," said Zell, the founder and chairman of property specialist Equity Group Investments. "And then they put up public policy statements that suggest that they're going to advocate the market doing things other than what happens every day."
"Either they're a passive fund that follows the market or they're a leader that's setting the tone," Zell said in an interview on "Squawk Box, " adding BlackRock can't have it both ways.
Zell questioned whether America is ready to have BlackRock "in charge of the NYSE," saying "I didn't know Larry Fink had been made God."
Zell made his fortune in the real estate business over a decadeslong career. He describes himself as a social liberal and a fiscal conservative. He's also an active philanthropist with a focus on entrepreneurial education.
He chairs five NYSE-listed companies, including three real estate investment trusts.
BlackRock did not immediately respond to CNBC's request for comment.