The Latest

  • A bronze sculpture of an eagle with a 16-foot wingspan adorns the outside of the Federal Reserve Bank of Atlanta.
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    Unemployment rises to 4.6%, highest level in more than four years

    The rising jobless rate bolsters the Dec. 10 Federal Reserve decision to firm up the labor market by trimming the main interest rate by a quarter point.

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    Permission granted by Intuit, Inc.
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    Sponsored by Intuit

    Intuit’s AI-driven platform drives smarter decisions for growing businesses

    Turn data into decisions: Intuit’s AI platform gives growing businesses a sharper edge.

  • IRS headquarters in Washington, D.C.
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    Chip Somodevilla via Getty Images
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    New 1099 thresholds, crypto tax forms test AP departments: survey

    Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than W-2s, Avalara’s Kevin Halverson said.

  • NYSE seen on Nov. 18, 2025 in NYC
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    Spencer Platt via Getty Images
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    Navan CFO announces departure following $6.2B IPO

    Amy Butte will depart the travel platform in January after helping to steer the business through its IPO in October.

  • U.S. President Donald Trump displays a signed executive order as U.S. Sen. Ted Cruz (R-Texas), Commerce Secretary Howard Lutnick and White House artificial intelligence and crypto czar David Sacks look on in the Oval Office of the White House.
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    Alex Wong via Getty Images
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    Trump AI order introduces ‘unstable regulatory landscape’: analysis

    The executive order opens a “pandora’s box of not only constitutional issues, but also issues pertaining to the EO’s interpretation and scope,” legal analysts said.

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    Opinion

    Lessons from a year of AI in AP and what’s in store for 2026

    “The focus is shifting from simply getting things done faster to being able to see what’s coming next,” writes the CEO of payments software firm Forwardly.  

  • Baristas work in a Starbucks coffee shop in Manhattan on December 02, 2025 in New York City.
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    Spencer Platt via Getty Images
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    Judge grants motion to reconsider ex-Starbucks CFO as defendant in ‘Triple Shot’ case

    Judge John Chun granted a motion to reconsider former Starbucks CFO Rachel Ruggeri as a defendant regarding certain claims in the shareholder case, stating it would be “procedurally improper” to dismiss them.

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    Justin Sullivan via Getty Images
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    Opendoor sticks with insider for CFO, hires Coinbase vet for president

    The online real estate platform leadership says it is exploring how blockchain and tokenization may pave “new pathways to homeownership.”

  • The sun shines brightly on a storefront, against a blue sky.
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    "Costco, Enfield, Connecticut" by Mike Mozart is licensed under CC BY 2.0
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    Costco’s AI, tech use helps offset healthcare costs, CFO says

    CEO Ron Vachris said on an earnings call Thursday that Costco locations adopting pre-scan technology have seen checkout speeds increased by up to 20%. 

  • U.S. President Donald Trump in the Oval Office at the White House.
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    Trump calls for federal policy framework preempting state AI laws

    The executive order comes as Big Tech pushes back on local AI regulation while pouring billions into building out AI infrastructure and deploying new products.

  • A man stands in a board room, looking out on the horizon
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    CEO confidence rises amid planning to reduce employment

    Among surveyed CEOs, 31% identified labor costs as the biggest force behind inflation, the Business Roundtable said.

  • A CPU sits on a circuit board with a glowing chipset.
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    GlobalFoundries interim CFO takes permanent seat

    The semiconductor manufacturer will rely on Sam Franklin’s deep understanding of its finance and operations teams as CFO, as it looks to stay competitive amid the AI boom.

  • A headshot of Calvin McDonald.
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    Courtesy of Lululemon
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    Lululemon CEO Calvin McDonald to step down in January

    CFO Meghan Frank and Chief Commercial Officer André Maestrini will become interim co-CEOs after McDonald’s departure.

    Updated Dec. 11, 2025
  • Team of business people discuss data analytics in a conference room.
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    AuditBoard CAO on bridging the risk, action divide

    With the frequency of change and the complexity of risk growing, finding a way to translate strategy into action is even more critical for finance chiefs, AuditBoard’s Tina Yeh said.

  • MoneyGram logo displayed on a building facade in Tirana, Albania, on June 4, 2022. The logo features a red circular icon with a white arrow, symbolizing global money transfers.
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    Alamy
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    MoneyGram swipes Wells Fargo vet for CFO

    In February, Marc Winniford will take the finance reins of the legacy cross-border payments company that is seeking to digitally overhaul its sprawling operations.

  • Dropbox executives celebrate the launch of Dropbox's initial public offering.
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    Drew Angerer via Getty Images
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    Dropbox hires Avalara president for CFO role

    Ross Tennenbaum will take over as finance chief of San Francisco-based Dropbox after it reported a sales dip last month.

  • Federal Reserve Chairman Jerome Powell answers questions from reporters
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    Chip Somodevilla via Getty Images
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    Fed trims main rate by quarter-point, forecasts one cut in 2026

    Policymakers reduced borrowing costs for the third time in 2025 amid persistent signs of cooling in the labor market.

    Updated Dec. 10, 2025
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    Andrew Harnik via Getty Images
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    Costco suit sparks tariff refund FOMO, but it’s not the only relief route

    Firms mulling similar litigation should “do their homework” and check deadlines for alternative and potentially less costly actions, trade attorney Doreen M. Edelman said.

  • Customers at an Exxon gas station on May 22, 25 in Miami, Florida
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    Joe Raedle via Getty Images
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    Exxon CFO to retire, citing health issues

    Outgoing CFO Kathyrn Mikells is confident her successor Neil Hansen will “continue the good work of the finance leadership team that has begun to really build a world-class organization,” she said Tuesday.

  • Worried woman looking at laptop.
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    Cyberattacks force small firms to raise prices: ITRC

    The rising cost of cybersecurity has created a hidden “cyber tax” that is helping to fuel inflation, according to the report. 

  • A Tesla dealership is seen on July 25, 2025 in Austin, Texas.
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    Brandon Bell via Getty Images
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    Tesla CFO sold over $19M in stock this year

    The CFO’s repeated sales came amid a tumultuous year for the EV maker, which fielded slumping profits, growing shareholder scrutiny, and a CEO pay battle.  

  • A sign advertises job openings at McDonald's starting at $12 per hour.
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    Joe Raedle / Staff via Getty Images
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    Job openings rise to five-month high as hiring slows: BLS

    Futures traders expect that a divided Federal Reserve will trim the main interest rate by a quarter point on Wednesday, giving way to officials concerned about shoring up the labor market.

  • President Donald Trump walks outside the White House on Oct. 10, 2025, in Washington, D.C.
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    Anna Rose Layden via Getty Images
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    Trump pledges order addressing patchwork of state AI laws

    The move comes after the president and big tech unsuccessfully pushed for congressional action on the issue.

  • A woman’s hand is asking an AI chatbot pre-typed questions & the Artificial Intelligence website is answering.
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    Firms’ AI goals prioritize growth over job cuts: EY

    “The data challenges the prevailing ‘headline news’ narrative that AI’s primary role is replacing the workforce,” EY’s Dan Diasio said.

  • Warren Buffett attends 'Becoming Warren Buffett' World Premiere on Jan. 19, 2017 in NYC
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    Jamie McCarthy via Getty Images
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    Berkshire Hathaway CFO to leave amid leadership shakeups

    Longtime CFO Marc Hamburg’s departure comes as Berkshire preps for Warren Buffett to step down as its CEO at the end of the year.

  • FASB board
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    Courtesy of FASB
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    FASB pubs new interim, quarterly reporting rules

    The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and the highest annual output since 2020.