Kamala Harris likely to win, but Trump better for economy: CFO survey

Kamala Harris likely to win, but Trump better for economy: CFO survey

Election polling continues to forecast a tight race between Vice President Kamala Harris and former President Donald Trump, but within corporate America, top executives are preparing for Harris to become the next president of the United States, according to a new CNBC survey of C-suite executives across the economy. A majority of chief financial officers … Read more

Oil soars as Middle-East tensions spike

Oil soars as Middle-East tensions spike

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Con Edison taps Evergy’s Kirk Andrews as new CFO

Con Edison taps Evergy’s Kirk Andrews as new CFO

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Evergy Chief Financial Officer Kirk Andrews will replace Consolidated Edison‘s current CFO Robert Hoglund, who plans to retire on July 8, the companies announced Monday. Andrews has been CFO of the Midwest utility company since 2021. Evergy said Geoffrey Ley, vice president, corporate planning and … Read more

Microsoft, Salesforce woo skeptical CFOs on new generative AI spending

Microsoft, Salesforce woo skeptical CFOs on new generative AI spending

Optimism around the transformational opportunity of generative artificial intelligence continues to grow. As Nvidia CEO Jensen Huang recently told CNBC’s Jim Cramer after unveiling a new generation of AI chips and new deals taking AI beyond the tech sector, with Johnson & Johnson and GE Healthcare, “We’re in the beginning of this AI computing ramp. … Read more

CFOs are as bullish on the Dow and Fed as they’ve been in a long time

CFOs are as bullish on the Dow and Fed as they’ve been in a long time

Chief financial officers at large companies see a U.S. economy and equities market that can continue to grow, even as fears about sticky inflation and a potentially overextended, and concentrated, bull run in stocks weigh on investors. That’s according to the CNBC CFO Council Survey for the first quarter of 2024, which shows a dramatic … Read more

Women CEOs in New Zealand enjoy twice the pay of their male counterparts

Women CEOs in New Zealand enjoy twice the pay of their male counterparts

In 2023, New Zealand had the strongest board representation with more than 40% of female CEOs, according to MSCI. Shannon Fagan | The Image Bank | Getty Images New Zealand is showing the way for women participation in executive roles as well as compensation at a time when the rest of the world suffers from … Read more