The fund's biggest holding is Moderna, whose stock price has more than tripled this year on news about vaccine it's developing
The funds' debut follows BlackRock CEO Larry Fink's pledge in January to increase sustainable ETF offerings
CEO Scharf sets a goal of doubling black leaders at the bank within the next five years
Cash is flooding into fixed-income ETFs at a record pace and interest in betting against both high-grade and junk funds has dissolved
Marilyn Booker, the firm's first global head of diversity, says it refused to adopt her plan to address racial bias
Its move follows Direxion's April announcement of a 'work-from-home' fund
The Secondary Market Corporate Credit Facility is one of nine emergency lending programs the Fed has announced since mid-March
Their forecast cites the sizable policy support from central banks and finance ministries
The stock market's rally came to a screeching halt Thursday amid worries about the economy and a second wave of coronavirus infections
Powell plays down the May jobs gain and suggests it will take years to get U.S. employment back to its pre-pandemic level
