The Latest

  • Shot of a Kroger storefront in Houston, Texas on Sept. 9, 2022
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    Brandon Bell via Getty Images
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    Kroger taps PepsiCo alum as next CFO

    The appointment comes two months after Kroger’s $25 billion merger with Albertsons was blocked by an Oregon District Court judge.  

  • Federal Reserve Chair Jerome Powell, wearing a suit and tie, addresses senators with a microphone in front of him and people behind him.
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    Bonnie Cash / Stringer via Getty Images
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    Powell says Fed need not hurry to cut main rate, GDP growth ‘solid’

    Monetary policy is “well positioned” to handle any rebound in price pressures or weakening in the labor market, Fed Chair Jerome Powell said.

  • Southwest aircraft on a runway at an airport in Baltimore Maryland on Oct. 11, 2021.
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    Kevin Dietsch via Getty Images
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    Southwest appoints Breeze Airways alum to CFO chair

    The new CFO joins the budget-friendly airline as it aims to realize $500 million in cost savings while facing inflationary pressures and challenges to its fleet capacity.

  • A construction worker climbing a support structure for a building.
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    Joe Raedle via Getty Images
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    Trump tags steel, aluminum imports with 25% tariffs

    The new duties build on actions from the president's first term while axing exemptions and product exclusions.

    Updated Feb. 11, 2025
  • The DeepSeek app is seen on a phone on January 28, 2025 in Hong Kong, China.
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    Anthony Kwan via Getty Images
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    DeepSeek’s lower-cost AI model could supercharge adoption, use cases: Goldman Sachs

    The Chinese startup’s offering could trigger what economists call the Jevons paradox, by removing the barrier to entry to implementing the new technology, one panelist said.

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    Stephen Brashear via Getty Images
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    Warehouse automation market set for slow recovery this year

    It’s still “a bit too early to tell” how President Trump’s tariff plans might impact the struggling market, an analyst said.

  • Image of a business person's finger pointing to a touch screen.
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    pcess609 via Getty Images
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    Global tax deal awaits US ask, KPMG exec says

    KPMG’s global tax leader Grant Wardell-Johnson views President Trump’s decision to exit the global tax deal as a broad opening salvo that could lead to negotiations.

  • A container ship docked at Pier 400 located at the Port of Los Angeles.
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    Courtesy of Port of Los Angeles
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    Trump tariffs to stoke inflation in 2025: corporate economists

    The gain in the Federal Reserve’s preferred inflation measure will probably average nearly 2.7% during the four quarters starting in April, according to economists surveyed by Wolters Kluwer.

    Updated Feb. 11, 2025
  • Employees clustered around data
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    Jirapong Manustrong via Getty Images
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    Strategic CFOs must build ‘complementary’ finance teams: Gartner

    For CFOs to meet their strategic goals, they must think differently about the skills they need in the finance function.

  • An Amazon cloud data center under construction in Aldie, Virginia on Feb. 10, 2024.
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    Gerville via Getty Images
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    Generative AI fueled $60B boost in enterprise cloud spend last year

    “The technology might be expensive, but it is creating new services that are bringing in tens of billions of dollars for the cloud providers,” Synergy Research Group Chief Analyst John Dinsdale said.

  • Russ Vought OMB Trump spending
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    Andrew Harnik via Getty Images
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    CFPB’s future hangs in the balance after a wild weekend

    Headquarters-based staff will work remotely this week after a new acting chief halted agency supervision and enforcement and told the Fed he wouldn't take any unappropriated funding next quarter.

  • Workers in white uniforms perform an inspection of a blue 2023 Pilot TrailSport SUV on the assembly line at Honda’s Alabama Auto Plant.
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    Courtesy of American Honda Motor Co.
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    Jobless rate falls, bolstering bets Fed will next cut main rate in June

    Employment gains for November and December were revised up in total by 100,000, the Labor Department said.

  • Aerial view of Tesla's parking lot on April 20, 2022 in Fremont, California
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    Justin Sullivan via Getty Images
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    Tesla CFO, board members offload millions in stock

    The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.

  • Two people on laptops sit across from each other at a table in front of a large window with Chicago skyscrapers in the background.
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    Scott Olson via Getty Images
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    Finance job hunt essentials: Soft skills, tailored resumes and social media

    With the “great stay” period leaving more workers feeling stuck, it’s important for job hunters to use a range of tools to seize any employment opportunities that do emerge. 

  • Salesforce
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    Sundry Photography via Getty Images
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    Salesforce director named chief of operations, finance

    The software giant is among a growing list of companies that have decided to merge the CFO and COO roles.

  • Team of consulting auditors auditing the financial report data of the company (balance sheet, income statement) on computer screen with business charts, fintech
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    NicoElNino
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    PCAOB warns auditors of risks from lax oversight of specialists

    Specialists who use artificial intelligence pose a growing challenge to auditors and, in turn, the Public Company Accounting Oversight Board.

  • Two people sitting at a table with financial documents and a calculator
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    Daenin Arnee via Getty Images
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    CFOs prep for tax policy impacts: Grant Thornton

    CFOs are feeling more upbeat about economic prospects following the U.S. election, but still face uncertainty when it comes to tax or regulatory policy shifts.

  • Richard Galanti headshot
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    Courtesy of Costco
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    Costco’s ‘voice’: The long goodbye

    Richard Galanti retired from the warehouse club on Jan. 30, after pivoting to an advisory role following his departure from the CFO seat he held for roughly four decades.

  • Ransomware spelled out in a creative depiction.
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    Just_Super via Getty Images
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    Ransomware payments fell 35% in 2024

    Cyberattacks using ransomware spiked in the second half of the year, but fewer victims paid up.

  • Sandwiches sit on a counter as workers as ingredients.
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    Anna Moneymaker / Staff via Getty Images
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    Service sector expands in the face of trade war risk: ISM

    Service sector executives voiced concern that tariffs will push up prices and cause shortages of goods, ISM said.

  • Ford CEO Jim Farley standing between two Ford models in Detroit, Michigan on Jan. 9, 2025
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    Bill Pugliano via Getty Images
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    Ford Motor taps finance VP as new CFO

    Sherry House will move into the CFO role as planned after joining Ford in June, when she inked a $4.5 million signing bonus as part of her compensation package.  

  • A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.
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    Justin Sullivan via Getty Images
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    Alphabet projects $75B in capex as AI push grows: CFO

    Big tech continues to invest heavily in AI even as investors nervously watch for indications that it’s paying off.

  • The ADM logo is seen on the company's headquarters building.
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    Courtesy of ADM
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    ADM to slash up to 700 roles as work to fix reporting problems continues

    The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material weakness related to its financial reporting. 

  • outside counsel, law firms
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    Violeta Stoimenova via Getty Images
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    Companies reduce philanthropy aimed at boosting racial, gender equality

    Change in “corporate citizenship” initiatives coincide with a federal backlash against efforts to promote sustainability in the private and public sectors.

  • Data analysis science and big data with AI technology
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    Khanchit Khirisutchalual via Getty Images
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    With AI, CFOs must balance cost, value: Genpact

    CFOs need to play a familiar risk versus rewards game to meet the AI deployment mandate being asked of many of them, Genpact’s Vivek Saxena said.