Tax preparers urge Congress to protect IRS data amid DOGE advances

Elon Musk’s Department of Government Efficiency has sparked privacy concerns as it has sought to tap into federal databases in its effort to cut costs and root out fraud.

By Maura Webber Sadovi • Feb. 21, 2025

Consumer sentiment slumps on fears tariffs will fuel inflation

Long-run inflation expectations this month rose to 3.5% in the biggest month-over-month increase since May 2021, the University of Michigan said.

By Jim Tyson • Feb. 21, 2025

SEC revamps cyber and crypto enforcement unit under Trump administration

The reconfigured unit signals a more hands-off approach on digital currencies, but legal experts do not expect major changes in cyber risk disclosure.

By David Jones • Feb. 21, 2025

CEO confidence surges to three-year high, Conference Board says

CEOs and CFOs have grown more confident despite a lack of clarity in federal regulation, trade, immigration and taxation under the Trump administration.

By Jim Tyson • Feb. 20, 2025

Hasbro projects slight revenue growth this year despite tariffs

The toy company is looking to “diversify our manufacturing footprint to create optionality as we navigate the trade environment,” CFO Gina Goetter said.

By Alexei Alexis • Feb. 20, 2025

CFOs sharpen focus on supply chain strategies amid tariff threat: BDO

Despite the potential costs from import duties, “CFOs remain optimistic about growth overall,” a BDO executive said.

By Jim Tyson • Feb. 19, 2025

‘Overhyped’ AI may trigger setbacks in stock market: Fed official

Roughly eight out of 10 CFOs plan to boost spending on generative AI and other technologies this year, Gartner found in a survey.

By Jim Tyson • Feb. 18, 2025

Trade wars 101: A look back at tariffs

Behind the Tariff Act of 1930, the current trade war is the second broadest over the last century, Tax Foundation Senior Economist Alex Durante says.

By Maura Webber Sadovi • Feb. 18, 2025

3 CFO tips for navigating ERP migration challenges

Initial productivity dips may be unavoidable during the transition, but the right strategies can minimize disruption, writes insightsoftware’s Lee An Schommer. 

By Lee An Schommer • Feb. 18, 2025

Inflation will fall to 2% by mid-2026 barring Trump tariff harm: study

As price pressures gradually ease, the U.S. economy will likely expand 2.3% this year and 1.8% next year, according to the Conference Board.

By Jim Tyson • Feb. 13, 2025

Trump orders reciprocal tariffs on all countries

“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.

By Philip Neuffer • Feb. 13, 2025

Inflation heats up to 3% as Trump calls on Fed to cut main rate

The unexpected rise in price pressures prompted futures traders to increase the odds that the Federal Reserve will hold the benchmark rate at its current range beyond May.

By Jim Tyson • Feb. 12, 2025

Super Micro says DOJ, SEC subpoenaed documents

The AI server maker’s accounting has drawn scrutiny in the wake of a highly critical report on the company from the now-defunct short-seller Hindenburg Research.

By Maura Webber Sadovi • Feb. 12, 2025

OneStream sees high demand despite ‘near-term headwinds’

“If there’s a growing sense of uncertainty [among CFOs], we’re probably going to feel it a little bit first,” said Tom Shea, the finance software maker’s CEO. 

By Alexei Alexis • Feb. 12, 2025

C-suite at odds over responsibility, innovation as AI tools mature

Leaders agree there's a significant gap between innovation and safety as a global debate over the technology's regulation plays out.

By Roberto Torres • Feb. 12, 2025

Powell says Fed need not hurry to cut main rate, GDP growth ‘solid’

Monetary policy is “well positioned” to handle any rebound in price pressures or weakening in the labor market, Fed Chair Jerome Powell said.

By Jim Tyson • Feb. 11, 2025

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.

By Philip Neuffer • Updated Feb. 11, 2025

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.

By Jim Tyson • Updated Feb. 11, 2025

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.

By Maura Webber Sadovi • Feb. 10, 2025

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.

By Dan Ennis • Feb. 10, 2025

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.

By Jim Tyson • Feb. 7, 2025

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.

By Jim Tyson • Feb. 6, 2025

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.

By Jim Tyson • Feb. 5, 2025

Ransomware payments fell 35% in 2024

Cyberattacks using ransomware spiked in the second half of the year, but fewer victims paid up.

By Rob Wright • Feb. 5, 2025

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. 

By Maura Webber Sadovi • Feb. 4, 2025