Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...
OpenAI has named Instacart head Fidji Simo as its new CEO of Applications. Sam Altman, the artificial intelligence (AI) startup’s chief executive, announced the appointment...
Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Over 2,300 staffers across the Federal Deposit Insurance Corp.,...
The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of...
Ashley Buchanan’s tenure as CEO of department store chain Kohl’s was short-lived. Buchanan, who became chief executive of Kohl’s Jan. 15, was fired Wednesday (April...
U.S. Bank has tapped banking industry veteran Dan Son to lead its working capital finance division. A press release Thursday (April 24) stated that Son...
Businesses may be feeling cautious because of uncertainty around tariffs, but they are generally not laying off workers. While the number of initial claims for...
It’s a big week for artificial intelligence news. AI hardware is being dinged by tariff troubles while two juggernauts in the AI field — Meta...
Dave Davis, formerly chief financial officer and president of Sun Country Airlines, will become Spirit’s CEO next week, the airline announced Thursday (April 17). “We’re excited to...