New York Life Insurance Company president and chief operating officer Ted Mathas has been named the firm’s chief executive officer-elect and will succeed Sy Sternberg upon his retirement on June 30.
Mr. Mathas, who has served with New York Life since 1995, will become the 18th CEO in the Ne
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Skeptics says products often fare worse than simpler alternatives.
Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.
Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.
The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.
Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.
