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Another top executive at Goldman Sachs has flown the coop.

Goldman CEO David Solomon named Carey Halio as the investment bank’s new treasurer — replacing Philip Berlinski, who departs after 24 years at the Wall Street giant.

Berlinski will become operating chief at Millennium Management, the $62.2 billion hedge fund headed by billionaire Israel Englander that has lured away several former Goldman partners in recent years, according to Financial Times.

Berlinski’s exit is the latest in a slew of high-profile departures at Goldman.

In late January, Jim Esposito, seen as a potential successor to CEO Solomon, announced his retirement after it became apparent that the path to the top job was blocked.

Halio’s elevation, meanwhile, comes in the wake of criticism that Solomon wasn’t doing enough to ensure greater female representation in the company’s C-suite.

Weeks after Esposito’s exit, Beth Hammack, the co-head of Goldman’s financing group, announced she was leaving.

Stephanie Cohen, another possible Solomon successor who headed Goldman’s consumer and wealth division, announced her resignation last month — ending a 25-year tenure at the bank.

Cohen will take up the chief strategist position at San Francisco-based tech firm Cloudfare.

Several women partners at Goldman recently had a dinner with Solomon during which they reportedly discussed the dearth of female executives at the bank.

Solomon also has reportedly upset veteran partners at the bank who were unhappy over being left off senior committees.

The chief executive has also been blamed for some of the bank’s financial missteps, including its ill-fated foray into consumer lending.

Two partners — Mark Sorrell, who co-chairs the mergers and acquisitions unit in London, and Gonzalo Garcia, the co-head of the European investment banking division — reportedly threatened to quit over the matter earlier this year.

Halio will be put in charge of a balance sheet that exceeds $1.6 trillion in assets. She will take up the post on June 1.

As a tenured leader of the firm with experience working in several of our divisions and partnering with leaders across the organization to drive our strategic priorities forward, Carey will bring important expertise and perspectives to her new role, Solomon wrote in a memo to employees.

Carey will continue to oversee our Firmwide Strategy team on an interim basis.

Halio, who started working at Goldman as a summer associate in 1999 before rising to become partner in 2016, will oversee a department that includes 900 employees.

In May of last year, Goldman paid $215 million to settle a class action lawsuit filed more than a decade ago by female staffers who alleged gender-based pay discrimination and sexual harassment.

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Science

NASA’s Hubble and Webb Discover Bursting Star Formation in Small Magellanic Cloud

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NASA’s Hubble and Webb Discover Bursting Star Formation in Small Magellanic Cloud

Scientists from NASA observed the bursting expansion of gas, stars, and dust from the glittering territory of the dual star clusters using Hubble and Webb space telescopes. NGC 460 and NGC 456 stay in the Small Magellanic Cloud, which are open clusters, with dwarf galaxies and orbit the Milky Way. These clusters are part of the extensive star complex clusters and nebulae that are most likely to be linked to each other. Stars are born upon the collapse of clouds.

Hubble and Webb Reveal Explosive Star Births in Small Magellanic Cloud

As per a report from NASA, the open clusters are from anywhere from a few dozen to many young stars, which are loosely bound by gravity. The images captured by Hubble capture the glowing and ionised gas, which comes from stellar radiation and blows bubbles in the form of gas and dust, which is blue in colour. The infrared of Webb shows the clumps and delicate filament-like structures and dust, which is red in colour.

NGC 460 and NGC 456: A Window into Early Universe Star Formation

Hubble shows the images of dust in the form of a silhouette against the blocking light; however, in the images of Webb, the dust is warmed by starlight and glows with infrared waves. The blend of gas and dust between the stars of the universe is called the interstellar medium. The region holding these clusters is known as the N83-84-85 complex and is home to multiple, rare O-type stars. These are hot and extremely massive stars that burn hydrogen like the Sun.

Such a state mimics the condition in the early universe; therefore, the Small Magellanic Cloud gives a nearby lab to find out the theories regarding star formation and the interstellar medium of the cosmos’s early stage.

With these observations, the researchers tend to study the gas flow from convergence to divergence, which helps in refining the difference between the Small Magellanic Cloud and its dwarf galaxy, and the Large Magellanic Cloud. Further, it helps in knowing the interstellar medium and gravitational interactions between the galaxies.

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Binance’s CZ threatens to sue Bloomberg over Trump stablecoin report

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Binance’s CZ threatens to sue Bloomberg over Trump stablecoin report

Binance’s CZ threatens to sue Bloomberg over Trump stablecoin report

Binance co-founder CZ has dismissed a Bloomberg report linking him to the Trump-backed USD1 stablecoin, threatening legal action over alleged defamation.

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Science

New Interstellar Object 3I/ATLAS Could Reveal Secrets of Distant Worlds

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New Interstellar Object 3I/ATLAS Could Reveal Secrets of Distant Worlds

The entry of a third known object into our solar system has been confirmed on July 1, 2025 by the astronomers. This object is named 3I/ATLAS, where 3I stands for “Third Interstellar”, having a highly hyperbolic (eccentricity ≈ 6.2) orbit, confirming it is not bound to the Sun but is a true interstellar visitor. Only two such visitors, 1I/ʻOumuamua (2017) and 2I/Borisov (2019), had been seen before. Notably, 3I/ATLAS appears to be the largest and brightest interstellar wanderer yet discovered.

Comparison with previous interstellars

According to NASA, astronomers from the ATLAS survey first spotted the object on July 1, 2025, using a telescope in Chile. It immediately drew attention for its unusual motion. Shortly after discovery, observers saw a faint coma and tail, leading to its classification as comet C/2025 N1 (ATLAS).

This comet-like appearance is shared with 2I/Borisov, the second interstellar visitor. Global observatories now track 3I/ATLAS. It poses no threat but offers a rare opportunity to study alien material. Since 1I/ʻOumuamua was observed only as it was leaving the solar system, it was difficult for astronomers to get enough data on it to confirm its exact nature — hence the crazy theories about it being an alien spaceship — though it’s almost certainly an asteroid or a comet.

Size and Significance

3I/ATLAS is much larger and brighter than earlier interstellar visitors. It is about 15 kilometers (km) [9 miles] in diameter, with huge uncertainty, compared to 100m for 1I/’Oumuamua and less than 1km for 2I/Borisov. This brightness and size makes it a a better target for study. Astronomers are planning to analyze its light for chemical signatures from its home system to get clues about the formation of distant planetary systems.

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