Treasury
-
Cara Salpini/CFO Dive
Consumer expectations plunge at fastest pace since 1990 recession
“Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.
By Jim Tyson • April 25, 2025 -
Courtesy of Arizona Builders Alliance
Jobless claims edged up, showing labor market steady as tariffs bite
Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.
By Jim Tyson • April 24, 2025 -
Chip Somodevilla via Getty Images
Bessent sees ‘big deal’ possible with China, Trump’s top tariff target
Washington since 2006 has urged Beijing to narrow the bilateral trade gap by spurring domestic consumption.
By Jim Tyson • April 23, 2025 -
Federal Reserve. (2019). [Photograph]. Retrieved from Wikimedia Commons.
Trump renews attack on Powell in call for rate cut; borrowing costs rise
Since Trump took office in January, Powell has repeatedly said that an effort by Trump to remove him would contradict the law.
By Jim Tyson • April 21, 2025 -
Zach Gibson via Getty Images
IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up
The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.
By Maura Webber Sadovi • April 21, 2025 -
fluxfoto/E+ via Getty Images
Paper check use surged last year, AFP says
Use of paper checks by U.S. businesses jumped last year, according to an annual survey by the Association for Financial Professionals, which struggled to explain the results.
By Lynne Marek • April 21, 2025 -
SimonSkafar/E+ via Getty Images
Trade war puts US on ‘precipice’ of recession: Moody’s chief economist
The U.S. economy will likely begin to shrink “unless policy takes a very sharp turn here pretty quickly,” Moody’s Chief Economist Mark Zandi said.
By Jim Tyson • April 17, 2025 -
Andrew Harnik / Staff via Getty Images
Powell says tariffs will likely push up inflation, unemployment rate
Federal Reserve Chair Jerome Powell highlighted how planned and enacted policy shifts by the Trump administration have created unusual economic uncertainty.
By Jim Tyson • April 16, 2025 -
Danielle Del Valle via Getty Images
Warner Music’s new CFO gets $1M signing bonus
Armin Zerza is taking the financial reins of the entertainment and record-label conglomerate as it has been seeking to cut costs.
By Maura Webber Sadovi • April 15, 2025 -
Getty Images via Getty Images
Inflation likely to surge to 3.3% this year: NABE survey
The rise in price pressures will prove short-lived, according to a survey of economists. Still, inflation will likely persist above the Federal Reserve’s 2% target through next year.
By Jim Tyson • April 14, 2025 -
Courtesy of Pat Dorsman for FAF
FASB sets clock for derivatives rules update
Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.
By Maura Webber Sadovi • April 11, 2025 -
Cara Salpini/CFO Dive
Consumer sentiment plummets, inflation expectations soar amid trade war
“There’s been a sharp decline in consumer sentiment, and business sentiment measures have weakened too,” New York Federal Reserve Bank President John Williams said.
By Jim Tyson • April 11, 2025 -
Stock via Getty Images
China raises tariffs on US imports to 125%
Once the increase takes effect Saturday, the country signaled that it won't retaliate further if the U.S. hikes duties again.
By Max Garland • April 11, 2025 -
Fototocam via Getty Images
Inflation cools as tariffs pose risk of stoking price pressures
Several private- and public-sector economists have warned that tariffs recently enacted by the Trump administration risk boosting inflation and slowing economic growth.
By Jim Tyson • April 10, 2025 -
Dan Kitwood via Getty Images
Trump announces 90-day pause on some tariffs against most trade partners
President Donald Trump announced a partial pullback from a trade war that has prompted forecasts of recession and turmoil in both bond and stock markets.
By Jim Tyson • April 9, 2025 -
Chip Somodevilla via Getty Images
Trade war fallout: CFOs wrestle with uncertainty, pricing, tariff fatigue
In the aftermath of President Donald Trump April 2 tariff barrage, cash is once again king as finance chiefs seek to help their companies minimize risk.
By Maura Webber Sadovi , Jim Tyson • April 9, 2025 -
Michael M. Santiago / Staff via Getty Images
Strategy reports unrealized $5.91B loss on digital assets
The Tysons Corner, Virginia-based company’s report comes on the heels of a bitcoin slump and newly effective crypto accounting rules from FASB.
By Maura Webber Sadovi • April 8, 2025 -
Baris-Ozer via Getty Images
BlackRock’s Fink says most CEOs tell him US is in a recession
Several Wall Street leading lights on Monday flagged the economic disruptions from tariffs imposed on virtually all U.S. trading partners.
By Jim Tyson • April 7, 2025 -
Justin Sullivan via Getty Images
Spirit Airlines CFO, COO, GC to step up after CEO exits
The budget airline, recently emerged from bankruptcy, picked the trio of senior executives to handle CEO responsibilities until a new chief executive is found.
By Maura Webber Sadovi • April 7, 2025 -
Getty Images via Getty Images
Powell says tariffs will spur inflation, slow growth; Fed on hold
Policymakers in coming months may face difficulty meeting their dual mandate to ensure stable prices and maximum employment, Federal Reserve Chair Jerome Powell said.
By Jim Tyson • April 4, 2025 -
Permission granted by Hapag-Lloyd
Continuing jobless claims hit highest level since 2021 as tariffs bite
Import duties announced this year, if not blunted, would slow economic growth by 1 percentage point in 2025, according to EY.
By Jim Tyson • April 3, 2025 -
Andrew Harnik via Getty Images
Trump installs 10% baseline tariff, country-specific duties
The president said he will levy import taxes on China, Japan and others equal to half of what they charge the U.S. based on White House calculations.
By Philip Neuffer • April 2, 2025 -
Authentic Images via Getty Images
US manufacturing output, employment fall as tariffs fuel higher prices
“Newly implemented tariffs are significantly impacting gross profits,” the Institute for Supply Management quoted an unidentified survey panelist as saying.
By Jim Tyson • April 1, 2025 -
Brandon Bell via Getty Images
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.
By Jim Tyson • March 31, 2025 -
Permission granted by Deloitte
Sponsored by DeloitteWith Pillar Two here, focus on 3 areas
Pillar Two upends global tax. Leaders should focus on three areas for efficient and effective compliance.
March 31, 2025
