The Latest
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HPE veteran takes Trade Desk top finance seat
As CFO, Nate Olmstead will drive “sustained accelerated growth,” the digital advertiser said.
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Sponsored by CleverbridgeCFOs are being asked to fund AI before they can measure its return
AI investment is accelerating. For CFOs, the challenge is separating promising experiments from operational wins.
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Job openings soar to two-year high as hiring falls, BLS says
The surge in job openings coincided with low levels of layoffs, quits and hiring, suggesting that the labor market, while firming somewhat, persists in a low-hire, low-fire mode.
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4 tips for building a strong finance AI bench: Gartner
With AI initiatives succeeding only about half the time, a Gartner researcher highlighted what differentiates high-performing finance teams.
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Mastercard rearranges leadership
The card network promoted a pack of new leaders, including to the chief financial officer post, as the old guard moved into other roles.
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Leading AI models are more vulnerable to malicious prompts than vendors claim
Hackers could subvert frontier models with attacks that their developers overlook, Cisco said.
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3 more states pass CPA pathways legislation
Lawmakers in Vermont, Missouri and Louisiana passed legislation last month that eases educational requirements for CPA licensing.
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ContextLogic appoints Cantaloupe alum to dual CFO, COO seat
Scott Stewart is stepping in as CFO and COO in the latest executive leadership shift by the former Wish owner turned business holding company.
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Manufacturing activity speeds up to fastest pace in four years: ISM
Steady manufacturing highlights how economic growth has so far overcome the shocks of high tariffs and the Iran war.
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TrackerTracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
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Deep DiveCPA pathways: Class of 2026 weighs in
Recent college graduates are split on whether changing CPA licensing rules will help or hurt the accounting profession.
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Hub Group CFO, COO depart after $77M accounting error
The company named Todd Heeter as interim CFO as it works to continue to restate its financial statements for the past three years.
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Uber’s finance team overtaken by engineering in AI use
The company’s rapid adoption of agentic AI coding tools has reportedly consumed its 2026 AI budget, while also raising return-on-investment questions.
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SEC proposes rule rescinding Biden-era climate risk disclosures
The agency’s proposal calls the 2024 climate disclosure rules “a dramatic overreach of the Commission’s statutory authority and, independently, unsound as a matter of policy.”
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OpinionSemiannual earnings will hurt businesses and the economy
Instead of allowing semiannual reporting, the SEC should streamline disclosure requirements without reducing the frequency healthy markets depend on.
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There are no ‘perfect decisions’ with healthcare: Virta Health CFO
As CFOs confront rising healthcare costs, thinking hard about worker retention and where costs can be made more efficient is essential, Virta’s Manu Diwakar said.
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Inflation rises, weakening consumer income, spending, saving rate
“Inflation is meaningfully above target, inflation expectations have been creeping higher and the public is highly sensitive to rising prices,” St. Louis Fed President Alberto Musalem said.
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Six Flags hires Hot Topic CFO for finance chief
Ash Walia is joining the amusement park operator as it faces pressure from an activist investor.
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Bath & Body Works insider takes interim CFO seat
Insider Tom Javitch will take the temporary finance reins following CFO Eva Boratto's resignation for another opportunity.
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Workday launches AI tool aimed at easing FP&A workflows
The software vendor sees the capability addressing long-standing pain points in the FP&A process, where analysis often involves hours of spreadsheet work.
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PwC doubles CPA exam bonus to $10K in next-gen talent push
PwC follows EY in increasing the bonus as the industry seeks to attract more young professionals.
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CBP raises accepted tariff refunds to $85B
As of May 22, about $20.6 billion in certified refunds with interest have been completed through Customs and Border Protection’s dedicated portal.
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Nvidia CEO urges Super Micro to tighten compliance: reports
Super Micro said in a statement that recent events underscore the need for industry-wide solutions to “strengthen enforcement of export control laws.”
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Rent the Runway ex-CFO takes Peloton’s finance reins
The fitness company will lean on Sid Thacker for continued financial discipline as it seeks to reach its goal of $100 million in run-rate savings by the end of the fiscal year.
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Consumer confidence sags; most households cut spending due to inflation
Write-in survey responses from consumers this month leaned toward pessimism, the Conference Board said.
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Newsom signs order focused on AI’s workforce impacts
The executive order directs state agencies to evaluate a range of approaches, including “safety-net” options for displaced workers.
