Treasury: Page 13
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Visibility is key for protecting cash flow, Trovata CEO says
A new treasury platform is using ChatGPT technology to give finance chiefs higher visibility into their cash flow.
By Elizabeth Flood • May 30, 2023 -
Most small businesses worry about credit squeeze: Goldman
Inflation last month persisted at more than twice the Federal Reserve’s 2% target, raising the possibility that policymakers may raise borrowing costs again next month.
By Jim Tyson • May 26, 2023 -
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 -
Fed officials disagreed on need to raise rates in June
Financial markets signal expectations that the Fed will reverse course and begin to trim borrowing costs as early as September.
By Jim Tyson • May 24, 2023 -
Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae
The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.
By Jim Tyson • May 19, 2023 -
Salaries for financial professionals rise 5% yet lag inflation
CFOs in January gained a 4.2% increase in base salary, on average, compared with their pay 12 months before.
By Chris Gaetano • May 18, 2023 -
M&A falters despite ‘heavily discounted prices’: PitchBook
Deals valued at below $100 million accounted for a record proportion of M&A transactions during the first quarter.
By Jim Tyson • May 17, 2023 -
SEC fines 10 microcaps for flawed stock offerings
The SEC sanctioned small companies that failed to follow rules under Regulation A, which offers early-stage businesses a low-cost way to raise capital.
By Jim Tyson • May 16, 2023 -
Beyond Meat CFO plans turnaround as revenue falls
The maker of plant-based meat reported a 15.7% year-over-year revenue drop as inflation and shrinking demand weighs heavily on the sector.
By Suman Bhattacharyya • May 11, 2023 -
Inflation eases yet persists at more than twice Fed target
Core inflation, which excludes food and energy prices, remains high despite 10 consecutive increases in the federal funds rate since March 2022.
By Jim Tyson • May 10, 2023 -
Small business optimism, spending plans slump: NFIB
A pullback in credit is prompting owners of small businesses to scale back plans for capital expenditures during the next six months.
By Jim Tyson • May 9, 2023 -
Banks expect to tighten credit throughout 2023: Fed
A pullback in bank credit that began in 2022 has accelerated since a flare-up in financial sector instability started in March.
By Jim Tyson • May 8, 2023 -
Robust hiring persists despite credit tightening
Unemployment remains unusually low even though the Federal Reserve has sought to curb inflation and trim growth by raising the main interest rate to the highest level since 2007.
By Jim Tyson • May 5, 2023 -
KPMG’s Stöckle on auditing’s ‘human-machine’ connection
Despite recent technological advances transforming auditing processes, KPMG’s Sebastian Stöckle says people will always play key roles.
By Maura Webber Sadovi • May 4, 2023 -
Fed hikes main rate while ‘highly attentive to inflation risks’
The central bank increased borrowing costs even though the failure of First Republic Bank has rekindled concerns about banking system instability.
By Jim Tyson • May 3, 2023 -
Fed mulls rate hike as wage gains beat forecasts, fuel inflation
Compensation by one measure is rising at the fastest pace since 2008, stoking expectations that policymakers on Wednesday will further increase borrowing costs to quash inflation.
By Jim Tyson • May 2, 2023 -
Small businesses upbeat about surviving recession: BofA
Robust consumer spending buoyed economic growth during the first quarter amid widespread forecasts of recession.
By Jim Tyson • April 27, 2023 -
Toys ‘R’ Us specter looms over Bed Bath & Beyond
The home-goods retailer’s mixed signals remind some of Toys “R” Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.
By Maura Webber Sadovi • April 27, 2023 -
Hiring slows, signaling recession risk: NABE
Economists are evenly split on whether the U.S. will fall into recession within the next 12 months, NABE found in a survey.
By Jim Tyson • April 24, 2023 -
Werfel requests 15% IRS funding hike to uncover tax cheats
The IRS streamlined taxpayer services during the current tax season but needs a budget increase for the coming fiscal year to sustain improvements, the agency’s commissioner said.
By Jim Tyson • April 19, 2023 -
3 CFOs talk shifting ESG headwinds
The nuanced picture that three CFOs painted Tuesday of the business case for ESG sharply contrasted with the backlash that has roiled the public debate recently.
By Maura Webber Sadovi • April 19, 2023 -
SEC ‘not a climate policy agency,’ Gensler says
SEC Chair Gary Gensler came under fire from Republican lawmakers for pushing forward with a climate disclosure rule that they said would overstep agency authority and prove too costly for U.S. companies.
By Jim Tyson • April 18, 2023 -
Allianz forecasts global jump in insolvencies
Given the expected rise in failing companies, CFOs must carefully vet clients and suppliers to avoid unpaid bills and supply chain disruptions.
By Chris Gaetano • April 18, 2023 -
Rate hedging for non-bank CFOs
Many firms don’t have exposure to the longer-duration government bonds that hammered Silicon Valley Bank. But there are other rate risks to guard against.
By Maura Webber Sadovi • April 17, 2023 -
Credit squeeze likely to trigger recession: IACPM
Federal Reserve economists cited banking turmoil and predicted a mild downturn later this year.
By Jim Tyson • April 14, 2023 -
Core inflation edges up, bolstering case for Fed tightening
Higher interest rates have not cooled consumer spending, economic growth and the labor market as quickly as expected, San Francisco Fed President Mary Daly said.
By Jim Tyson • April 12, 2023