The Latest
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Hiring beats forecasts, enabling Fed to focus on curbing inflation
Soon-to-be-released inflation “reports have the power to decide whether the Fed hikes or holds,” Fifth Third Commercial Bank Chief U.S. Economist Bill Adams said.
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Energy tax credits provide value now...and later
Not all energy credits create value the same way. Understanding the difference can change project economics.
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Asana’s AI pricing shift brings near-term revenue pressure
The company expects consumption-based pricing to contribute to a $1.2 million revenue headwind as it works to accelerate AI adoption.
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T-Mobile appoints Shell veteran as next CFO
Jessica Uhl will join the wireless network operator this month as CFO Designate amid questions raised by a potential merger with Deutsche Telekom.
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Uber to slash 10% of workforce in push to streamline
Among other changes, the company has reduced by nearly 50% its number of “micro-teams” with only one or two direct reports.
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Bally’s CFO resigns weeks after going concern warning
To boost its liquidity, the casino operator said in August that it was exploring selling assets, an equity sale and debt financings.
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Services sector expands faster than forecast: ISM survey
Strength in the services sector bolsters forecasts that the U.S. economy will expand slightly more than 2% this year, Federal Reserve Governor Christopher Waller said.
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Coinbase names former X Corp. CFO to board
The long-time Elon Musk adviser is joining Coinbase’s board as the crypto platform targets expansion to new markets including Canada.
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Hershey finance exec succeeds retiring CFO
Dave Hulays is taking the candy and snack giant's finance reins from Steven E. Voskuil, who served as CFO for seven years.
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Flex trade secret suit inches toward resolution
The parties are working in “good faith” to try and reach a potential resolution in a case alleging a former CFO candidate misappropriated Flex’s “strategic crown jewels.”
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Economy grows ‘modestly,’ with consumers wary of rising prices: Fed
“Input price pressures were notably elevated in manufacturing and construction,” the Fed said in a survey of its 12 district banks.
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KPMG gets agentic tool certified for security, reliability as AI risks mount
The certification comes as companies confront growing risks from AI agents that can take actions on their own.
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Q&A
Finance is ‘leaning in’ to manage healthcare costs, WTW exec says
CFOs are increasingly partnering with human resource executives to help trim rising healthcare costs, WTW’s Tim Stawicki says.
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How AI has entered one CFO’s budget season
BeSmartee CFO Mina Samaan said AI is at once complicating and speeding up different parts of the lendtech startup’s budgeting process.
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New Cambium CFO aims to strengthen finance operations with AI, automation
AI is a “key aspect” of Cambium’s strategy as it targets rapid expansion, CFO Peter Coats told CFO Dive.
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Job openings inch up as hiring slows, affirming labor market stability
Steady employment gives the Federal Reserve some leeway to raise the federal funds rate should inflation fail to fall toward their 2% target.
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Inside OpenAI’s experiment with AI coding in finance
The company's monthly-close reporting overhaul represents an early look at how AI coding could reshape finance work.
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EY earmarks $100M in rewards for ‘future-focused’ employees
The Big Four accounting firm is looking to reward employees who drive “meaningful change” through innovation, disruption, technology or growth.
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Texas charity’s ex-CFO sentenced in $2.1M mobile check scheme
Jeffrey Keehn used embezzled funds to support a lifestyle that included two residences, an SUV, and gold and platinum coins, prosecutors said.
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Pinterest CFO exit puts spotlight on growth
Julia Donnelly’s resignation comes as the platform bets big on AI, inking a $4 billion commitment with AWS and investing in the tech for user growth.
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Williams-Sonoma to spread tariff refunds to vendors, employees
The kitchenware retailer is funneling $10 million toward the retirement accounts of workers who helped it navigate tariffs.
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Amazon, Target customers aim to move location of tariff refund suits
A debate over where class actions filed by customers seeking tariff refunds from large retailers should be heard comes as the money has begun to flow back into company coffers.
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GE Vernova swipes Rivian CFO
Rivian’s Claire McDonough will receive a $5 million cash sign-on payment as she steps into GE Vernova’s CFO seat, succeeding Kenneth Parks.
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Warsh pledges to slow inflation to 2%, saying Fed may have ‘work to do’
The comments by Warsh prompted futures traders to increase the odds that policymakers next month will push up the main interest rate.
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SolarWinds reshuffles C-suite with interim CEO, new CFO
Next month Samuel Monti will become finance chief of the Texas-based IT management software company, which went private last year in a $4.4 billion transaction.
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Only 35% of finance leaders confidently gauge ROI from AI: Protiviti
Among finance organizations, only 14% are deploying AI based on a detailed strategy, Protiviti found in a global survey.