The Latest
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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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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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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&AFinance 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.
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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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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.
