The Latest
-
Consumer spending rises as inflation speeds up to three-year high
Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a quarter percentage point by the end of this year.
-
Planet Fitness grants incoming CFO $3M new hire award
Former Keurig Dr. Pepper CFO Sudhanshu Priyadarshi is taking the fitness center operator’s finance reins as it seeks to boost membership.
-
AI cost challenges mount as agent use gets more complex: KPMG
Only 26% of organizations have real-time visibility into the cost of running AI at scale, the research found.
-
Nike lands Pfizer CFO with $7.3M ‘new hire’ cash award
The sports apparel giant is turning to new financial leadership as it looks to make more progress with its “Win Now” turnaround strategy.
-
CFO optimism slips as inflation returns as top concern
Two-thirds of firms saw production costs rise last quarter after energy price shocks, but only one-third passed them through to customers, a survey found.
-
Porsche Financial Services’ longtime CFO departs
Konrad Riedl is retiring after a more than two-decade span in the top finance seat for Porsche’s financial arm.
-
Manufacturing grows at fastest rate since 2021 amid big job cuts: S&P
S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”
-
Maxima rolls out AI agent for enterprise accounting
The San Mateo, California-based company’s new “Max” handles a range of work including payroll entries previously managed by multiple AI agents.
-
Wendy’s names Potbelly alum to dual CFO, chief strategy role
Panera and McDonald’s veteran Steven Cirulis is stepping in as finance chief as the fast food chain struggles to reverse slumping sales and profit.
-
From unpaid CFO gigs to scaling an AI robotics startup
Bas Lustenhouwer once worked for free to break into startup finance — a path that ultimately led him to the CFO seat at AI robotics firm Dexory.
-
Frontier Climate adds Anthropic to buyers group, makes new financing pledge
The company behind AI tool Claude joins the carbon removal purchasing group, which also announced $915 million in new financing commitments.
-
Customers are losing patience with automated customer support bots
A majority of consumers will repeat themselves only once before abandoning an automated customer service attempt, a Parloa survey found.
-
CFOs lag in AI readiness as ROI pressures rise: EY
Most finance leaders still favor “defensive” AI use cases such as fraud detection over growth-focused ones like forecasting or pricing, the study found.
-
4 out of 5 companies can’t measure sustainability’s financial impact
“While science and target setting have moved forward, valuation tools and financial methodologies have lagged behind,” the KPMG report states.
-
Most investors oppose semiannual reporting option: CFA Institute
Removing quarterly reporting requirements could result in “significant damage” to U.S. capital markets, the report states.
-
Thinking about cutting worker benefits to save money? Not so fast, expert warns.
“Maybe the juice isn’t worth the squeeze,” a senior consultant and actuary at Mercer said.
-
Stock, bond markets signal improving economic outlook: Conference Board
Despite recent gains in the Leading Economic Index, the six- and 12-month growth rates in the index suggest the economy is slowing, the Conference Board said.
-
Former Detroit Riverfront CFO loses appeal in $40M embezzlement case
The ex-CFO, who siphoned millions from the non-profit for personal gains, does not have grounds for an appeal under his 2024 plea agreement, the court said.
-
Pfizer CFO departs for consumer goods sector
Dave Denton joined Pfizer in 2022 from Lowe’s Companies and is leaving for an unspecified “professional opportunity” in consumer goods, the company said.
Updated June 18, 2026 -
Long-term incentives lift CFO pay amid competition for talent
CFO incentive awards are rising as pressure to retain experienced finance leaders intensifies, Compensation Advisory Partners found in a study.
-
Fed ends bias toward more easing, holds benchmark rate steady
Federal Reserve Chair Kevin Warsh repeatedly said the central bank’s monetary policy committee will push down inflation toward its 2% goal.
Updated June 17, 2026 -
AT&T names new CFO
Jennifer Biry will rejoin the telecom company as its deputy CFO, before long-time finance chief Pascal Desroches retires at the end of the year.
-
CFOs boost tech spending despite economic angst: Grant Thornton
Roughly two-thirds of CFOs plan to ramp up technology spending despite record-low economic sentiment, the quarterly study found.
-
CME Group CFO to take long-time CEO’s seat
Lynne Fitzpatrick will succeed the Chicago-based global derivatives marketplace’s long-time CEO Terrence Duffy.
-
Former Maryland-area CFO faces wire, immigration fraud charges
Maccaferri’s ex-finance chief fabricated emails — including from the CEO and CFO of its parent entity — to obtain bonus and other payments, the indictment alleges.