From Yahoo Finance: 2025-04-17 12:10:00

Blackstone CEO Steve Schwarzman emphasizes the importance of a quick resolution to Trump’s tariff talks to maintain economic growth. Schwarzman also assesses potential impacts on Blackstone’s real estate holdings. Wall Street CEOs, including Goldman Sachs and JPMorgan Chase, express concerns about a possible recession. Blackstone executives discuss the potential effects of tariffs on the economy and the company’s investment strategies.

Blackstone reports $25.5 billion in sold investments in Q1, with first-quarter distributed earnings rising 11%. Quarterly net income fell 27% from last year. The stock rose Thursday but is down 24% since the year’s start. Executives stress the need for swift tariff resolution for the economy and markets. CEO David Hollerith covers finance topics for Yahoo Finance.



Read more at Yahoo Finance: ‘Fast resolution’ to Trump trade talks critical so economy stays on ‘growth path’