Goldman Sachs promotes Carey Halio to global treasurer
Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according to people familiar with the matter. Her new role, effective June 1, encompasses authority over the firm’s more than $1.6 trillion balance sheet, with responsibilities including overseeing the firm’s liquidity, funding and capital. She will […]
Lufthansa halts Tehran flights after U.S. warns of imminent attack on Israel by Iran
Lufthansa suspended flights to and from Tehran due to heightened security risks in the Middle East after U.S. officials said that an attack on Israeli assets by Iran or its proxies could be imminent.
Top 10 fastest-growing retail brands in the U.S., according to Yelp
The new restaurant in your neighborhood may look familiar. Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Review site Yelp compiled the list by using a blended metric that includes net new openings, searches on […]
NYCB is paying the nation’s highest interest rate (APY)
A New York Community Bank stands in Brooklyn on February 08, 2024 in New York City. Spencer Platt | Getty Images New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest interest rate for a savings account. NYCB raised the annual percentage yield offered via […]
If you won a $1.3 billion Powerball jackpot, what would you do with it? Here’s what financial advisers suggest.
Someone has come forward to claim last weekend’s big prize, but what’s the best way to spend and invest it?
Rich Americans get second passports, citing risk of instability
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a […]
Rent the Runway sees ‘milestone’ 2024 and breakeven cash flow, as stock soars
Rent the Runway Inc. on Wednesday said it expected breakeven free cash flow this year, following cost cuts and signs of a revival in shoppers’ enthusiasm.
Sierra Space CEO talks IPO plans, satellite launch and Dream Chaser
A render of Sierra Space’s Velocity satellite bus Credit: Sierra Space Amid preparations for its spaceplane’s maiden flight and an initial public offering as soon as next year, Sierra Space is expanding its satellite offerings. Ahead of the much-anticipated solar eclipse, the commercial space unicorn unveiled its aptly named Eclipse line of satellite buses […]
USDA cuts July cattle report due to budget woes, frustrating market participants
Cattle producers fret about market transparency after USDA cancels its July cattle report due to budget constraints.
Macy’s settles proxy fight with activist Arkhouse, adds two directors
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s on Wednesday said it settled its proxy fight with real estate investor Arkhouse, appointing two of the firm’s nominees to its 15-person board. Ric Clark and Rick Markee will join Macy’s board effective immediately. They’ll be part of […]
