The Latest
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One in four firms report losing above $1M in a fraud attack
Generative artificial intelligence has lowered the barrier for attackers to run sophisticated campaigns at scale, cybersecurity firm Trustmi said.
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Jack Daniel’s maker CFO to retire after 4 years in seat
Leanne Cunningham plans to retire from Brown-Forman on May 1. The Louisville, Kentucky-based spirits maker faces pressures from tariffs and changing alcohol consumption habits.
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Consumer confidence dips on anxiety about jobs, income: Conference Board
The average 12-month expectation for inflation jumped to 6.2% this month from 5.7% in July, the Conference Board found in a consumer survey.
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British American Tobacco CFO steps down abruptly
The CFO departure comes as the Lucky Strike maker focuses on boosting growth for its vape and smokeless products. BAT is one of three global tobacco brands that agreed to pay a collective $23.7 billion to settle decades-long litigation with Canada earlier this year.
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AI agents spark mix of anticipation, skepticism and fear: Workday
Most survey respondents were open to working with AI agents, but only 30% were comfortable with being managed by them.
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AI startup reaped millions using bogus claims, FTC suit says
Consumers were told they could earn back tens of thousands of dollars in a matter of days or months, according to the complaint.
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Walmart, Target tout AI plans
The two retail giants are capitalizing on sustained investment in their technology foundations even as they face economic headwinds.
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Stablecoins set to transform cross-border payments
The search for faster and cheaper global payments is leading many companies to consider the use of stablecoins for remittances.
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Most economists see inflation persisting above 2% through 2026: NABE
Six out of 10 economists deem fiscal policy as “too stimulative,” the largest share in seven years, the National Association for Business Economics found in a survey.
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Murky economic outlook prompts review of pay strategies: Korn Ferry
Business leaders are thinking differently about their approach to executive incentives among continued economic uncertainty — an area where CFOs could share key insights, Korn Ferry’s Ron Seifert said.
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UHY’s new CFO on being a CPA’s CPA: They ‘need numbers’
Laura LaPeer took the CFO seat at the accounting firm of UHY, which plans to grow organically and via private-equity-backed deals.
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CPA licensing changes poised to hit half of all states by year-end
While a growing band of states have passed new CPA licensure laws, employers, universities, students and regulators are just beginning to grapple with how the new rules will work.
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Tracker
Tracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
Updated Aug. 22, 2025 -
Powell clears path for Fed rate cut, flagging labor market weakness
A speech by Federal Reserve Chair Jerome Powell prompted futures traders to increase the odds that policymakers will trim borrowing costs on Sept. 17.
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Ex-Trump CFO Weisselberg may keep severance pay, appellate court rules
The former finance chief is no longer required to pay $1 million back to New York State, the appeals court found, though the opinion has no impact on other judgments.
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Solid manufacturing, services signal rebounding Q3 growth: S&P Global
Economic growth will likely quicken during the third quarter and expand at a 2.3% annualized rate, the Federal Reserve Bank of Atlanta said.
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CFOs, PE sponsors diverge on AI adoption approach: Accordion
Private equity sponsors want their portfolio CFOs to move forward with AI adoption, but finance chiefs are stymied on where to begin, a recent survey found.
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Former Dollar General exec to return for CFO post
Donny Lau is rejoining Dollar General after a nearly three-year absence to replace Kelly Dilts, who is leaving the discount retailer to become the CFO of Nordstrom.
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CFO turnover spikes after record CEO exits last year
Starbucks is among the public companies that have named a new CFO this year following a CEO departure.
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IRS underreports wait times for taxpayers phoning in for help: TIGTA
“More transparency is needed when reporting IRS telephone level of service and average wait time,” the Treasury Inspector General for Tax Administration said.
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Home Depot warns of tariff impact, ‘modest’ price hikes
The retailer might see some “modest” price movement as it continues to navigate tepid home improvement demand alongside tariff and interest rate uncertainty, executives said.
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Cybersecurity startup Horizon3.ai taps new CFO
Founded in 2019, San Francisco-based Horizon3.ai in June completed a $100 million Series D funding round.
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Rare earth CFO’s financing strategy hinges on auto contracts
The Canada-based mining company Aclara's finance chief is priorizing securing contracts from customers who will use its products in order to secure more than $1 billion in financing.
Updated Aug. 20, 2025 -
State data highlight stability in US labor market: San Francisco Fed
Release of a report on gauging employment by the Federal Reserve Bank of San Francisco precedes an annual Fed meeting in Jackson Hole, Wyoming, titled “Labor Markets in Transition.”
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State AI rules trigger rising small business angst
Nearly two-thirds of survey respondents said they were worried about potential compliance and litigation costs related to state laws on privacy, AI and technology.