The Latest
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CFO economic optimism ticks back up in Q3: Deloitte
Finance chiefs’ economic confidence rebounded to a high range despite concerns about North America’s outlook, Deloitte found.
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Sponsored by KPMGOversight in practice: How boards are balancing AI governance with innovation
See how boards balance AI innovation and governance through practical oversight.
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AI skill levels drive workforce divide: PwC
More than half of workers surveyed said they are falling behind their AI-savvy colleagues, PwC said, noting that AI proficiency bolsters a sense of job security.
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CFOs report renewed optimism; keep eye on costs: U.S. Bank
Finance chiefs feel more positive about their companies’ prospects over the next three years, but navigating inflation and geopolitical tensions today remain key priorities.
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Consumer confidence sags to 12-year low, eroded by inflation, job anxiety
Inflation will probably not slow to the Federal Reserve’s 2% target until 2028, New York Fed President John Williams predicted.
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AI spurs rising job loss fears in finance
One in five finance professionals fear AI will replace their jobs, up 7 percentage points from last year, a survey found.
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Esker CFO folds AI into employee cost analysis
The company blew past its AI budget this year as usage accelerated and model providers changed their pricing for the technology, CFO Scott McDermott said.
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Nvidia bakes agent governance into infrastructure layer
The Nvidia Open Agent Safety Platform aims to control agents but is unlikely to give enterprises full oversight, analysts told CFO Dive sister publication CIO Dive.
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Should workers be paid for AI skills?
Companies could face a “retention time bomb” if existing workers see new hires get paid more for tech expertise, Payscale found.
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Rivian controller follows CFO out door
The California-based automaker is ramping up vehicle deliveries even as forecasts predict slumping EV sales compared to last year.
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Circle CFO to step down following $1.05B IPO
Jeremy Fox-Geen will leave the stablecoin issuer after five years as its top finance officer helping to drive growth and usher the company through its long-awaited 2025 IPO.
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AI creates jobs rather than kills them: White House economist Hassett
Most U.S. adults fear that adoption of artificial intelligence will lead to job loss, according to several recent polls.
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X Strategies sues co-founder for $29M embezzlement scheme
Derek Utley won $26 million betting with company funds — before losing $29 million, contributing to a $3 million deficit, X Strategies claims.
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Inflation slams consumer sentiment to four-month low: survey
Despite their dimming sentiments toward inflation and business conditions, consumers have shown no sign of cutting spending.
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Costco CFO doubles down on tariff strategy, winks at churro comeback
The retailer’s CEO Ron Vachris said Thursday that the company “predominantly” has used initial IEEPA tariff refunds to lower prices.
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Guinness owner Diageo hires WPP CFO with cost-cutting bonafides
A chartered accountant who is also a KPMG alum, Joanne Wilson won’t take Diageo’s CFO seat until next year, the company said.
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GM CFO expects improved 2027 cash flow after EV restructuring
As an “old school CFO,” a strong focus on cash flow and generation remains paramount, GM CFO Paul Jacobson said.
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26 state attorneys general call on Congress to rein in AI, flagging risks
Legislation introduced in the Senate on Wednesday would pause AI research until the creation of a federal department that would regulate the technology.
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CFOs need realistic AI time-to-value expectations: Gartner
As finance teams move beyond AI pilots, Gartner urges CFOs to manage investments more strategically — and know when to cut their losses.
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Most companies will hold onto tariff refunds as cash: Atlanta Fed survey
Nine percent of companies surveyed have received tariff refunds and 14% believe they are eligible for reimbursement, the Federal Reserve Bank of Atlanta said.
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Directors flag gaps in board expertise: PwC
The share of directors who see a fellow board member’s “insufficient expertise” as warranting their replacement nearly doubled this year, a PwC survey says.
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CFO optimism holds steady overall, weakens at small firms
Twenty percent of small companies reported financial constraints preventing them from covering costs or pursuing new business opportunities.
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Business growth surges at fastest pace in five years: S&P Global
Amid rising business activity, U.S. companies this year have grown more pessimistic about future inflation.
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DataBank names new CFO ahead of CEO succession
Four months ahead of acting finance chief Kevin Ooley taking the CEO seat, the data center company named Ben Lowe as its next CFO.
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Q&AWant a smart tariff strategy? Lawyer tells CFOs to go back to basics
Executives should be mindful that earnings calls are effectively a “voluntary deposition,” Terence Lau, dean of Syracuse University’s College of Law.
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Adyen snaps up Klarna CFO
The Dutch digital payments processor has hired Niclas Neglen as its new chief financial officer, but he won’t join until next year.
