BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now

Larry Fink, Chairman and CEO of BlackRock, speaks at an Economic Club of New York event in New York City, U.S., April 7, 2025.BlackRock CEO Larry Fink told CNBC on Friday that he thinks the U.S. economy has weakened to the point of growth possibly turning negative. "I think we're very close, if not in, a recession now," Fink said on "Squawk on the Street."Fears of an economic slowdown have risen sharply since President Donald Trump unveiled widespread tariffs last week, sparking a sell-off in the stock mark ...