The Latest
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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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Sponsored by AdyenBeyond the booking: How Navan scaled global card issuing with embedded finance
How Navan unlocked €1B+ in card volume by embedding global issuing with Adyen.
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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.
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Nvidia CFO predicts 70% revenue jump for fiscal 2028
Nvidia also forecast a $40 billion revenue opportunity for its agentic AI Vera CPUs as demand continues to spike, CFO Colette Kress said.
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Dani James/CFO Dive
How tariff refunds are shaking up earnings calls
Billions have been paid out in tariff refunds, with the impact showing up prominently in public companies’ earnings calls and financial statements.
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New CFOs are getting younger as Gen Xers take reins
“Gen X is geared to have the next big power swing,” Josh Crist, co-managing partner at executive search firm Crist Kolder Associates, told CFO Dive.
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Inflation holds steady, giving Fed room to leave main rate unchanged
Despite an increase in disposable income, personal consumption expenditures rose just 0.2% last month compared with a 0.4% gain in June.
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Intuit expects 2027 revenue to ‘decelerate,’ CFO says
The upcoming year is a way Intuit can “reset expectations” in an environment where it can “play offense,” CEO Sasan Goodarzi said.
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Black CFO representation falls 25% from 2021 peak as diversity levels off
The number of Black finance chiefs in Fortune 500 and S&P 500 companies ticked down to 15 this year, according to the report from Crist Kolder Associates.
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Alamy
Targa grants new CFO hefty long-term incentive
The natural gas company will provide company insider Ben Branstetter with a long-term incentive award of 400% of his base pay, set at $600,000, Targa said Tuesday.
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Consumer confidence wanes on dimming view of jobs, incomes, business
Most consumers expect higher inflation and anticipate that interest rates will rise in the next 12 months, The Conference Board said.
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AI-related growth edges out job cut fears in finance execs’ tech outlook
In an informal CFO Dive poll, 54% said they see AI’s biggest workforce impact being higher employee productivity.
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Q&AIntuit AI expert says future of finance is real-time, not monthly
The manual work that consumes half a finance team's week today should be “largely invisible” in five years, Intuit’s Ashley Still predicted.
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Courtesy of Microsoft
AI data center spending drives growth in semiconductor market
CIOs are contending with rising compute costs, looking to cheaper models to rein in spending amid rapid infrastructure expansion.
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CFOs must build ‘strong disclosure’ AI processes: FMI
To use AI effectively, finance chiefs need to build strong governance and ethical frameworks for the tool, FMI’s Ian Schnoor said.
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FTC settles anti-trust suit against Zillow, Redfin
Redfin committed to relaunch its listing service for apartment rentals no longer than six months after an FTC order is finalized.
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Costco fights customer’s tariff suit as refunds flow in
With Costco now recouping some IEEPA duties, the customer’s attorneys said one of the retailer’s primary legal arguments against member refunds had “evaporated.”
