The Latest
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Trump tags steel, aluminum imports with 25% tariffs
The new duties build on actions from the president's first term while axing exemptions and product exclusions.
Updated Feb. 11, 2025 -
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Sponsored by Bank of TexasHow to build your treasury playbook for a competitive edge
Companies often focus on boosting sales or streamlining operations, but have you considered the role of the finance team?
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DeepSeek’s lower-cost AI model could supercharge adoption, use cases: Goldman Sachs
The Chinese startup’s offering could trigger what economists call the Jevons paradox, by removing the barrier to entry to implementing the new technology, one panelist said.
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Warehouse automation market set for slow recovery this year
It’s still “a bit too early to tell” how President Trump’s tariff plans might impact the struggling market, an analyst said.
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Global tax deal awaits US ask, KPMG exec says
KPMG’s global tax leader Grant Wardell-Johnson views President Trump’s decision to exit the global tax deal as a broad opening salvo that could lead to negotiations.
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Courtesy of Port of Los Angeles
Trump tariffs to stoke inflation in 2025: corporate economists
The gain in the Federal Reserve’s preferred inflation measure will probably average nearly 2.7% during the four quarters starting in April, according to economists surveyed by Wolters Kluwer.
Updated Feb. 11, 2025 -
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Strategic CFOs must build ‘complementary’ finance teams: Gartner
For CFOs to meet their strategic goals, they must think differently about the skills they need in the finance function.
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Generative AI fueled $60B boost in enterprise cloud spend last year
“The technology might be expensive, but it is creating new services that are bringing in tens of billions of dollars for the cloud providers,” Synergy Research Group Chief Analyst John Dinsdale said.
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CFPB’s future hangs in the balance after a wild weekend
Headquarters-based staff will work remotely this week after a new acting chief halted agency supervision and enforcement and told the Fed he wouldn't take any unappropriated funding next quarter.
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Courtesy of American Honda Motor Co.
Jobless rate falls, bolstering bets Fed will next cut main rate in June
Employment gains for November and December were revised up in total by 100,000, the Labor Department said.
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Tesla CFO, board members offload millions in stock
The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.
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Finance job hunt essentials: Soft skills, tailored resumes and social media
With the “great stay” period leaving more workers feeling stuck, it’s important for job hunters to use a range of tools to seize any employment opportunities that do emerge.
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Salesforce director named chief of operations, finance
The software giant is among a growing list of companies that have decided to merge the CFO and COO roles.
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NicoElNino
PCAOB warns auditors of risks from lax oversight of specialists
Specialists who use artificial intelligence pose a growing challenge to auditors and, in turn, the Public Company Accounting Oversight Board.
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CFOs prep for tax policy impacts: Grant Thornton
CFOs are feeling more upbeat about economic prospects following the U.S. election, but still face uncertainty when it comes to tax or regulatory policy shifts.
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Courtesy of Costco
Costco’s ‘voice’: The long goodbye
Richard Galanti retired from the warehouse club on Jan. 30, after pivoting to an advisory role following his departure from the CFO seat he held for roughly four decades.
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Ransomware payments fell 35% in 2024
Cyberattacks using ransomware spiked in the second half of the year, but fewer victims paid up.
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Service sector expands in the face of trade war risk: ISM
Service sector executives voiced concern that tariffs will push up prices and cause shortages of goods, ISM said.
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Ford Motor taps finance VP as new CFO
Sherry House will move into the CFO role as planned after joining Ford in June, when she inked a $4.5 million signing bonus as part of her compensation package.
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Alphabet projects $75B in capex as AI push grows: CFO
Big tech continues to invest heavily in AI even as investors nervously watch for indications that it’s paying off.
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Courtesy of ADM
ADM to slash up to 700 roles as work to fix reporting problems continues
The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material weakness related to its financial reporting.
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Companies reduce philanthropy aimed at boosting racial, gender equality
Change in “corporate citizenship” initiatives coincide with a federal backlash against efforts to promote sustainability in the private and public sectors.
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With AI, CFOs must balance cost, value: Genpact
CFOs need to play a familiar risk versus rewards game to meet the AI deployment mandate being asked of many of them, Genpact’s Vivek Saxena said.
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Anthony Kwan/Getty Images via Getty Images
DeepSeek surge hits companies, posing security risks
The Trump administration is scrutinizing the AI app, Italy and Taiwan have banned it, and companies have blocked it.
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Q&AAI agents may cause some finance jobs to ‘disappear’: Microsoft exec
Microsoft’s Georg Glantschnig said the software giant envisions every business process being impacted by the emerging technology.
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Stock via Getty Images
China responds to Trump with added tariffs on certain products
The new duties are set to take effect Feb. 10 and cover some car, equipment and energy imports.
