The Latest
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Service sector slows, employment falls as tariffs take hold: ISM survey
Consumer spending on both services and goods has fallen this year compared with last year, growing just 1.4% during the second quarter.
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SEON CFO keeps eye on currency risk
The software firm’s CFO is carefully watching FX risk as SEON looks to expand its global footprint in a volatile macroeconomic environment.
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Bloomin’ Brands hires new CFO among a series of leadership changes
The company also created an executive position for strategy and transformation to help improve the performance of Outback Steakhouse.
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Autonomous finance will arrive within three years: Ramp CEO
The tech executive weighed in on the future of finance as his company announced that it raised $500 million at a $22.5 billion valuation.
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Cybersecurity budgets tighten as economic anxiety rises
Uncertain tariff policies and fluctuating inflation and interest rates are leading to stagnant or reduced budgets, according to an IANS Research report.
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Labor market outlook dims, with jobs harder to get: Conference Board
The Trump administration’s back-and-forth approach to tariff negotiations has prompted companies to forgo hiring, economists said.
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First-ever Finzly CFO seeks to create culture of ‘connectivity’
As the first CFO for the payments infrastructure provider, software alum Adam Carson aims to upgrade the finance role from a "backseat function."
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AI evolution prompts sense of urgency among CFOs: Oracle
The steady evolution of AI is creating a sense of urgency for CFOs — but they need to ensure they have the right mix of tech and accounting skills inside of their teams, Oracle’s Hari Sankar says.
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US to install country-specific tariffs Aug. 7
President Donald Trump signed an executive order Thursday officially codifying rates for over 60 trading partners while pushing back implementation by seven days.
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Pitney Bowes replaces CFO after only months in seat
CEO Kurt Wolf said he previously served on the board of GameStop with Pitney Bowes’ newly-minted CFO Paul Evans.
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UnitedHealth replaces CFO in another leadership shakeup
Wayne DeVeydt, a healthcare veteran who most recently worked at Bain Capital, will take up the finance chief job on Sept. 2 as the healthcare behemoth faces an array of operational challenges.
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One in four CFOs expect to adopt crypto by 2027: Deloitte
Finance chiefs are eyeing stablecoins in particular as “a practical entry point” into adoption of digital assets, Deloitte says.
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Microsoft capex to exceed $30B this quarter, CFO says
The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped propel its valuation past the $4 trillion mark.
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Inflation rises, affirming Fed decision to hold benchmark rate steady
President Donald Trump lashed out at Federal Reserve Chair Jerome Powell for not cutting the federal funds rate on Wednesday.
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FASB issues credit loss accounting relief
The latest GAAP update comes as FASB stakeholders have identified several new standard-setting areas of interest, including potential projects related to stablecoins.
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Fed holds main rate steady, overriding two dissenting votes
The mix of a cooling labor market and stubborn, above-target inflation has posed a dilemma for the central bank while breaking unanimity among policymakers.
Updated July 30, 2025 -
Construction pros react to interest rate decision
The Federal Reserve held rates steady Wednesday afternoon, dashing hopes for a summer cut, but builders are adjusting their strategies to stay on the job.
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Boeing narrows losses ahead of new CFO’s arrival
Brian West oversaw his last earnings call as Boeing’s CFO on Tuesday. Lockheed Martin alum Jay Malave is set to take the jet maker’s finance reins next month.
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Most firms still grappling with accounting talent crunch
Securing junior level candidates with more than one year of experience has proven especially challenging, an Intuit survey found.
Updated July 31, 2025 -
KPMG revives bid for SVB complaint dismissal
In June a California judge denied motions to dismiss claims in a class action suit against SVB Financial Group’s former CFO, CEO, directors and auditor.
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CFOs should eye ‘opportunistic’ approach to M&A: Wiss
When it comes to M&A, CFOs today need to allow themselves space to “lose a little money in the short-term,” knowing it will put them on better footing for the long-term, Wiss’s Bill Haemmerle said.
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Consumer confidence inches up despite signs of weakening labor market
Indications of a cooling job market recently prompted Federal Reserve officials to voice openness toward cutting borrowing costs at a monetary policy meeting that ends Wednesday.
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Trump AI plan allows wide room for denying funds to states
The plan is silent on how the administration will define “burdensome” state AI rules for the purpose of withholding federal funds.
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AI spending above $10M jumps as agentic tools grab spotlight
Nearly three-quarters of senior leaders believe that entire business units will one day be managed by agentic AI, EY researchers found.
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Microsoft says H-1B visas, layoffs ‘in no way’ related
Scrutiny of the tech giant’s use of the visa program comes at the end of a month in which the company announced deep job cuts.