The Latest

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    Chris McGrath via Getty Images
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    Kraken cuts staff, appoints co-CEO and CFO

    The crypto exchange appointed a new co-CEO and new finance chief, alongside cutting about 400 employees, sources told the New York Times.

  • Meta's logo outside of the company's headquarters
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    Justin Sullivan via Getty Images
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    Meta CFO: AI poised to drive ‘significant’ capex growth

    The tech giant’s stock price fell after its third-quarter earnings report, as the company faces growing Wall Street angst over its ballooning AI expenditures. 

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    hynci via Getty Images
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    Fed’s preferred inflation gauge speeds up, validating slower easing pace

    The faster-paced gain in the core personal consumption expenditures price index coincided with reports of unexpected strength in the economy and household spending.

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    Jack Taylor via Getty Images
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    EY firings highlight multitasking, professional training woes

    The online training scandal comes about two years after the Securities and Exchange Commission fined EY $100 million for cheating by its auditors on ethics exams.

  • A woman walks past 23andMe's logo in front of its California headquarters.
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    Justin Sullivan via Getty Images
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    23andMe turns to CFOs to fill director roles after mass board exit

    Each of the three former finance chiefs will reap $1 million as the flagging business tries to right itself.

  • Shot of Google's NYC headquarters with logo
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    Michael M. Santiago via Getty Images
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    Alphabet CFO looks to ‘push a little further’ on efficiencies, cost

    Anat Ashkenazi is prioritizing cost reductions, even as the company expects to invest $13 billion next quarter in GenAI and other growth areas.

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    Tommaso Boddi via Getty Images
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    Planet Fitness picks retail veteran for CFO

    Jay Stasz will replace retiring CFO Tom Fitzgerald, who has held the role at the health club chain for more than four years.

  • Businessman shaking hands with AI
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    jittawit.21 via Getty Images
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    When it comes to AI, CFOs must get their ‘hands dirty’: EY

    CFOs that want a successful AI strategy need to be sure they’re “skating to the puck,” EY’s Deidre Ryan said.

  • SaaS (Software as a service) key on computer keyboard.
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    mfto via Getty Images
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    FASB publishes narrow software accounting revamp proposal

    In June the FASB voted 7-0 for the more targeted update, even as some expressed concerns about not going far enough to modernize GAAP rules.

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    halbergman via Getty Images
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    Trump tariff would cost households $3,000 next year: Tax Policy Center

    Since Trump last year proposed a blanket import tax, several studies have indicated that the benefits of such tariffs would fall far short of the costs to U.S. households and economic growth.

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    metamorworks via Getty Images
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    Shutterstock promotes former Getty Images CFO to finance chief

    Getty alum Rik Powell will move to Shutterstock's top financial seat as it focuses on continuing to improve revenues for its content segment.

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    Justin Sullivan via Getty Images
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    Tech leaders brace for high-stakes election

    It’s unclear whether a Trump or Harris presidency would bring regulatory relief to big tech, which has faced growing antitrust scrutiny in Washington.

  • The KPMG office building in the heart of Tysons Corner in Northern Virginia near Washington, D.C.
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    John M. Chase/Getty via Getty Images
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    KPMG pilots AI agents

    The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.

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    Rrraum via Getty Images
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    Fewer companies passing on higher prices to consumers: NABE

    The hard-to-predict outcome of the Nov. 5 election and its aftermath is not chilling business plans for investment and hiring, NABE said.

  • A close up of the Department of Treasury seal on the front of the headquarters with "the Department of Treasury" and "1789" on an outer circle and a shield with the scales of justice up top and a key.
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    Chip Somodevilla via Getty Images
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    3 takeaways on proposed corporate alternative minimum tax regulations

    Two years after the new tax was signed into law by President Biden, the details are still being hammered out. 

  • Benzene, class action, Gill jury verdict, Pennsylvania court
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    Lanier via Getty Images
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    $816M ExxonMobil verdict is latest as juries seek environmental justice

    No easing is in sight as companies face backlash for the impact their products have on the environment and public safety, a ruling shows. 

  • A red, yellow and blue plan soars through clear skies
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    Scott Olson via Getty Images
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    Southwest details board travel perks as ex-Chevron CFO joins new director slate

    The airline's board compensation package includes free travel on Southwest for each non-employee director, their spouse and children and 50 “unrestricted” one-way flight passes annually.

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    ProfessionalStudioImages via Getty Images
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    Consumer sentiment hits 6-month high, exceeding expectations

    Household spending, the labor market and the broader economy have shown signs of unexpected strength in recent weeks.

  • Shot of Tesla branded Powerwall batteries following 2015 launch
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    Kevork Djansezian via Getty Images
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    Tesla earnings rise on energy storage surge

    The EV maker remains focused on offering “extremely compelling” vehicle financing as demand in the overall industry continues to wane, Tesla CFO Vaibhav Taneja said.

  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
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    dem10 via Getty Images
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    Only 4% of companies reap full value from AI: BCG

    The share of companies worldwide that are at least experimenting with AI has surged this year to 98% from 47% last year, BCG found in a survey.

  • A Honeywell sign is posted in front of an office building.
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    Justin Sullivan via Getty Images
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    Honeywell sales fall short amid warehouse automation weakness

    “We navigated through a challenging operational environment in the third quarter,” CFO Greg Lewis said.

  • A person holding a tablet with digital visualizations floating above it.
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    Nespix via Getty Images
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    CFOs eye ROI ‘push pull’ for AI, growth balance: Heidrick & Struggles

    To truly gauge the ROI of their GenAI investments, CFOs need to consider their strategic as well as their financial impact, Heidrick & Struggles’ Sachi Vora advised.

  • Jason Dubinsky head shot
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    Courtesy of Morningstar
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    Morningstar CFO to step down after 7-plus years

    Over the course of Jason Dubinsky’s tenure as finance chief, Morningstar’s revenue, operating profit and cash flow have more than doubled, the company said.

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    Chip Somodevilla via Getty Images
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    IRS CFO says robotic automation saved 30,000 labor hours

    Partnering with software firm UiPath, the agency has tapped software robots to complete previously manual tasks, IRS CFO Teresa Hunter said Tuesday.

  • View of trees from corporate building
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    Fahroni via Getty Images
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    Most finance leaders believe sustainability targets out of reach: EY

    CFOs leading companies active in the U.S. and Europe face a “fluid picture” when attempting to meet regulations for sustainability reporting, EY said.