The Latest
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Jobless claims fall, countering signs of dimming employment outlook
The Federal Reserve next week will assess mixed signals from the job market and the risk that the Iran war will further push up the price of oil, spurring inflation.
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Sponsored by AWS & Intel
New general-purpose Amazon EC2 M8i and M8i-flex instances are now available
M8i and M8i-flex instances are ideal for running general purpose workloads such as general web application servers, virtual desktops, batch processing, microservices, databases, and enterprise applications.
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Peloton names CAO to interim CFO seat
The fitness company’s Saqib Baig will step in as interim CFO after Liz Coddington departs to take the top finance seat at energy firm Palmetto.
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Jacob Blanck. Retrieved from Wikimedia Commons.
Costco sued by customer seeking tariff refunds
The proposed class action suit seeks to recoup IEEPA-tariff costs an Illinois customer alleges the retailer passed on through higher prices.
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Navan shareholder suit alleges materially misleading IPO documents
The complaint names the travel platform, along with its CEO, former CFO, CAO and directors, as well as underwriters as defendants.
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CEOs aim to boost capital spending, expect strong future sales: survey
CEO survey results “point to the impact of last year’s tax reforms, responsible deregulation and the resilience of the U.S. economy,” Cisco CEO Chuck Robbins said.
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Phoenix Copper fires chairman, CFO after misconduct probe
More than $1 million in unauthorized payments were made to a corporate finance advisory firm owned by the chairman, the company said.
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CHG-Meridian CFO: Building a data-first company culture
Consistent data quality and governance are crucial for CFOs to act as the “copilots” of business strategy, CHG-Meridian’s CFO Ulrich Bergmann said.
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EY doubles CPA exam bonus to $10,000
The bigger bonuses are part of a $1 billion initiative announced by the Big Four firm in 2024 which aims to attract more people to the accounting profession.
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Nissan CFO to depart amid turnaround challenges
Long-time Nissan alum George Leondis will step in as CFO as the carmaker looks to continue to rein in costs after years of financial challenges.
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Small business optimism dips below forecast as sales expectations slump
Nineteen percent of small business owners ranked taxes as their biggest problem, the National Federation of Independent Business found in a survey.
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Block, Amazon drive tech layoff surge, intensifying AI debate
The tech industry reported a total of 33,330 layoffs in the first two months of 2026 — a 51% increase from the year-earlier period, outplacement firm Challenger said.
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Trump’s new cybersecurity strategy makes promises but lacks details
In a document released Friday, the administration vowed to increase the government’s use of AI for rapid cyber defense.
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Opinion
How the CFO is fast becoming a chief value officer
Today’s CFO faces pressure to bring greater technical savvy, faster response times and deeper operational insight, writes Tipalti’s Manish Vrishaketu.
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Surging oil price spurs worries of eventual stagflation during Iran war
U.S. consumers have felt a shock at the gas pump, with the average price for a gallon of regular gas jumping 16% during the past week to $3.48.
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Ex-Fabric CFO sentenced to 2 years in prison for $35M crypto scheme
Judge Tana Lin also imposed a condition that prevents Nevin Shetty, 42, from serving as an officer or director of a company without the probation office’s permission.
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Instant pay can boost low-income workers’ savings habits, report finds
Despite consumer advocates’ concerns around earned wage access fees, researchers found modest and consistent usage can help with financial planning.
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Q&A
Exit Interview: Marriott CFO Leeny Oberg reflects on decades-long career
In a one-on-one interview, Oberg shares lessons learned, the impacts of technology on travel and Marriott’s growth prospects as she passes the baton.
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Economy unexpectedly sheds 92,000 jobs as war spurs inflation worries
Shrinking payrolls prompted traders in interest rate futures to predict a faster pace of monetary policy easing.
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IRS adds AI abuse, capital gains fraud to ‘dirty dozen’ tax scam list
AI is not only being used to impersonate the IRS but also to gather taxpayer and corporate information, says Nina Tross of the National Society of Tax Professionals.
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Retrieved from Costco.
Costco to flow tariff refunds, ‘if and when’ received, back to customers
CEO Ron Vachris said Thursday that the retailer is committed to returning any potential refunds to its customers through “lower prices and better values.”
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States sue Trump in bid to halt 10% global tariff
A lawsuit from a cohort of over 20 states argues the president overstepped his authority by failing to meet a never-before-used statute's requirements.
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C-suites eye reinvesting tariff refunds into supply chains, R&D
Supply chain diversification/resilience tops the list of intended uses for potential tariff refunds, a KPMG survey found.
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Rising CEO, CFO optimism fuels business investment: AICPA survey
Expectations of lower borrowing costs and pro-growth economic policies this year have sparked optimism among top financial executives, according to a survey.
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Delta names new CFO amid sweeping leadership changes
Delta veteran Erik Snell will step in as CFO as the airline aims to navigate the impact from the Iran war, including a spike in fuel prices and canceled flights to Middle East hubs.
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Tariff refunds: Court provides first step with liquidation order
The Court of International Trade on Wednesday directed Customs and Border Protection to remove defunct tariffs when finalizing non-liquidated entries.