The Latest
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Consumer spending during Q1 shrinks for first time since pandemic
“Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods spending later this year,” the Conference Board said.
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CFO turnover reaches six-year high: Russell Reynolds
Rising retirement rates contributed to growing turnover, with 54% of outgoing CFOs either retiring or moving exclusively to board positions, the firm said.
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Former U.S. Bank CFO dead in plane crash
CEO Andy Cecere confirmed in a Monday memo to employees that Terry Dolan, the lender's chief administration officer who previously served as finance chief, died in a plane crash Saturday.
Updated March 31, 2025 -
Tariffs, volatility stoke G&A cost cut pressure, Bain exec says
Amid rising pressures from tariffs, market volatility and the renewed threat of a slowdown, executives are once again doubling down on cutting general and administrative costs.
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Rising prices, weak consumer spending spotlight ‘stagflation’ risk
Public- and private-sector economists have flagged inflation risks and marked down estimates for economic growth this year, warning of the potential harm from tariffs.
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Those return-to-office plans? CFOs aren’t all in.
Five years after the COVID-19 pandemic amplified remote work’s possibilities, worker bees aren't the only ones resisting the return-to-office call.
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SEC withdraws defense of climate-risk disclosure rule
The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle it.
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Forter taps new CFO, CPO ahead of growth push
Splunk alum Jim Lejeal will join Square veteran Cyndy Lobb at Forter as the platform looks to boost its revenue amid a widening spotlight on digital payment security.
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Trump’s SEC nominee faces scrutiny on potential conflicts of interest
Paul Atkins said in a recent letter that if confirmed as SEC chair he would resign as chief executive of a consulting firm that has served digital asset companies.
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Deutsche Bank picks Morgan Stanley vet for CFO
Raja Akram, Morgan Stanley’s deputy CFO since 2020, will succeed James von Moltke, who has held Germany’s largest bank’s finance reins for eight years.
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SEC should avoid ‘overly prescriptive’ AI rules, acting chair says
The comments follow actions taken by President Donald Trump that have upended the federal approach to AI policy, according to analysts.
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Tesorio launches AI agent to ease invoice bottlenecks
Dubbed the "Supplier Portals Agent," the fintech's new offering targets invoice submission pain points in order to free up finance teams for more value-added tasks.
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US will charge 25% tariffs on foreign-made cars
The increased duties will go into effect April 2, President Donald Trump said Wednesday.
Updated March 26, 2025 -
Wild changes unlikely at FTC with Democrats fired, former chair says
The FTC is now operating with with just two commissioners, both Republicans. Trump has been accused of illegally firing two Democrats without cause.
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Utah becomes third state to put new CPA licensure paths on the books
So far this year Utah, Virginia and Ohio have all adopted laws offering new routes to CPA licensure that don’t require 150 hours of college credit.
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Ex-Tesla CFO leads $16.5M Series A for startup Jolly
Zach Kirkhorn previously served as Tesla’s CFO or “Master of Coin” for four years, before departing from the company in 2023 — with a $590 million net worth.
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5 years after pandemic lockdowns, is retail back to normal?
Stores are open, inventory is flowing and inflation is down. But today’s uncertainty and destabilization are making consumers anxious.
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Consumer expectations for future plunge to 12-year low on tariff anxiety
Pessimism about price pressures rose, with expectations for inflation in 12 months increasing to 6.2% this month from 5.8% in February, the Conference Board said.
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23andMe CRO details data breach’s role in bankruptcy
The DNA-testing company, which filed for Chapter 11 Sunday, has been battling legal fallout from a 2023 cyber breach exposure that affected about 7 million customers.
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CFO evolution puts spotlight on data, tech skills
The strategic CFO evolution is just one aspect of a wider shift in the responsibilities of the finance function in a tech-first world, Boyden’s Chad Hesters said.
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OneStream CFO: Tariff turbulence is ‘good driver of business for us’
The finance leader said disruptions in the current environment are in many ways reminiscent of what companies faced during the COVID-19 pandemic.
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Nearly one in five SMBs at risk of shutting down after a cyberattack
SMBs are a growing target for malware, denial of service attacks, deepfake scams and ransomware, researchers found.
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Revolut US CFO aims for growth, maturity, with more ‘boots on the ground’
Getting the balance between agility and compliance right is crucial for the fintech as it looks to continue its expansion into key markets like the U.S., Revolut CFO Max Lapin said.
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CRM holds financial tech tool MVP spot, for now
While finance leaders surveyed currently value customer relationship management tools most, they expect buzzy GenAI to enjoy the highest future investment levels.
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Manufacturing slows as tariffs, policy shifts dim expectations: S&P
Inflation in both goods and services prices accelerated in March to the fastest pace in 23 months, hitting a 31-month high in manufacturing, S&P Global said.