Treasury
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Inflation accelerates as Fed officials view easing with caution
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target later than expected.
By Jim Tyson • Nov. 27, 2024 -
FASB updates convertible debt rules
The new GAAP guidance stems from a request made by Big Four accounting firms and comes as the convertible bond market is regaining steam.
By Maura Webber Sadovi • Nov. 27, 2024 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
SEC’s Gensler to step down Jan. 20 after robust rulemaking, enforcement
The SEC, in one of its most far-reaching changes under Gensler, adopted rules to channel more trading of Treasury securities into central clearinghouses and curb illiquidity risks.
By Jim Tyson • Nov. 21, 2024 -
3 CFO steps for finding opportunity in geopolitical instability: McKinsey
The financial and political order built after World War II faces mounting challenges to the flow of goods, capital and services and outright conflicts in the Middle East and Ukraine.
By Jim Tyson • Nov. 19, 2024 -
Spirit Airlines cleared $5.4M in retention awards before bankruptcy
The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.
By Maura Webber Sadovi • Nov. 19, 2024 -
Retail sales rise in hint of cheer for holiday consumer spending
Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will cut the main interest rate by a quarter point at its December meeting.
By Jim Tyson • Nov. 15, 2024 -
How Trump 2.0 could revamp tax policy
Businesses need to prepare for potentially “fast moving” changes to tax policy as questions swirl around President-elect Trump’s plans, EY’s Martin Fiore said.
By Maura Webber Sadovi • Nov. 15, 2024 -
Economists predict above-trend economic growth in 2025: Wolters Kluwer
Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of recession in the next 12 months.
By Jim Tyson • Nov. 14, 2024 -
Inflation edges up, highlighting Fed’s bumpy path to stable prices
Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.
By Jim Tyson • Nov. 13, 2024 -
Small business optimism rose before election despite uncertainty: NFIB
Nine out of the 10 factors that determine the NFIB’s optimism index increased last month, including the outlook for business conditions.
By Jim Tyson • Nov. 12, 2024 -
Earned wage access: A CFO primer
The service, which lets users draw an advance on a portion of their pay before payday, raises some thorny issues for employers and their finance teams.
By Suman Bhattacharyya • Nov. 12, 2024 -
How Trump’s administration may rework payments policies
The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.
By Lynne Marek and Patrick Cooley • Nov. 11, 2024 -
Consumer expectations hit highest level since July 2021: survey
Expectations for personal finances have improved amid indications that many Americans, when looking back four years, believe their financial well-being has declined.
By Jim Tyson • Nov. 8, 2024 -
Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
The reduction in borrowing costs comes just two days after Donald Trump won a second term as president, heralding likely economic policy shifts that may fuel inflation.
By Jim Tyson • Nov. 7, 2024 -
Consumers during Trump presidency will view Fed as pro-GOP: NBER paper
During his first term as president, Donald Trump’s criticism of Federal Reserve policy influenced interest rate expectations and financial markets, researchers said in a NBER paper.
By Jim Tyson • Nov. 6, 2024 -
Gauge of future hiring holds steady despite weak October payroll growth
Most components in the Employment Trends Index improved last month, including the share of involuntary part-time workers, the Conference Board said.
By Jim Tyson • Nov. 5, 2024 -
High-profile wins will likely embolden labor unions in 2025: Moody’s
Although only 6% of the private sector workforce is unionized, organized labor in recent years has won high-profile disputes and scored limited but clear gains.
By Jim Tyson • Nov. 1, 2024 -
Fed’s preferred inflation gauge speeds up, validating slower easing pace
The faster-paced gain in the core personal consumption expenditures price index coincided with reports of unexpected strength in the economy and household spending.
By Jim Tyson • Oct. 31, 2024 -
Trump tariff would cost households $3,000 next year: Tax Policy Center
Since Trump last year proposed a blanket import tax, several studies have indicated that the benefits of such tariffs would fall far short of the costs to U.S. households and economic growth.
By Jim Tyson • Oct. 29, 2024 -
3 takeaways on proposed corporate alternative minimum tax regulations
Two years after the new tax was signed into law by President Biden, the details are still being hammered out.
By Maura Webber Sadovi • Oct. 28, 2024 -
Fewer companies passing on higher prices to consumers: NABE
The hard-to-predict outcome of the Nov. 5 election and its aftermath is not chilling business plans for investment and hiring, NABE said.
By Jim Tyson • Oct. 28, 2024 -
Consumer sentiment hits 6-month high, exceeding expectations
Household spending, the labor market and the broader economy have shown signs of unexpected strength in recent weeks.
By Jim Tyson • Oct. 25, 2024 -
AICPA asks IRS for fresh cannabis tax guidance
The potential reclassification of marijuana as a Class III controlled substance has raised questions about tax benefits cannabis companies stand to gain.
By Maura Webber Sadovi • Oct. 22, 2024 -
Weakening manufacturing demand clouds economic outlook: Conference Board
Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.
By Jim Tyson • Oct. 21, 2024 -
Retail sales exceed forecasts, underscoring solid 2024 economic growth
Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.
By Jim Tyson • Oct. 17, 2024