PCAOB wins Senate lifeline while future remains murky

The U.S. auditor watchdog got a legislative reprieve through the "Byrd bath" process last week. But the battle over its future is likely to persist, experts say.

Xerox alum joins publisher Wiley following AI licensing revenue jump

The CFO appointment comes as the publisher nearly doubled its revenue from AI licensing agreements to $40 million for its fiscal 2025, according to its earnings report.

Senate pitches permanent TCJA tax breaks

The Senate proposal would make the trio of tax-relief provisions from the 2017 Tax Cut and Jobs Act permanent. In contrast, the House bill would only extend them through 2029.

Intel alum to get $1.9M bonus as newly-minted Ciena CFO

The appointment comes after the optical networking company reported a nearly 24% boost to net revenue for its most recent quarter, driven by skyrocketing data center and cloud spending.

Economy heading toward ‘significant slowdown,’ Conference Board says

“Maybe we should start thinking about cutting the policy rate at the next meeting, because we don’t want to wait until the job market tanks,” a Federal Reserve official said.

Fed holds main interest rate steady, expects two cuts later in 2025

Policymakers have left borrowing costs unchanged this year while balancing signs of a softening labor market against concerns that U.S. tariffs will stoke inflation.

Updated June 18, 2025

GENIUS Act puts renewed spotlight on stablecoins, digital assets

The regulatory clarity the GENIUS Act proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as CFOs, examining the space, EY’s Paul Brody said.  

SolarWinds promotes insider to CFO seat

The change comes as the company defends itself against a Securities and Exchange Commission lawsuit stemming from a major cybersecurity breach in 2020.

7 CFO tips for thriving despite ‘perma-crisis’ turmoil

“Foundational rules for risk management have been fundamentally altered forever,” the former CEO of the Institute of Internal Auditors said.

Maine governor signs CPA exam bill, stripped of pathways

While there’s growing momentum behind the push to ease CPA licensure rules, the legislative initiatives have stalled in some states this year.

Yum Brands CFO to receive $1.1M salary as next CEO

The CEO appointment comes as Yum Brands is looking to further integrate artificial intelligence throughout its restaurant brands and offerings.

Inside Microsoft finance team’s AI-driven cost, time savings

AI is “driving so much change at the company … saving us thousands upon thousands of hours” as well as millions of dollars, Microsoft’s Cory Hrncirik said.

Why agentic AI may herald golden age for procurement

Procurement is an ideal use case for agentic AI because it’s inherently complex, data-driven and prone to human error, writes Globality’s Keith McFarlane.

Cyberattacks top list of global business concerns, Kroll finds

Many companies feel unprepared to comply with global privacy and security rules, according to the advisory firm’s annual business sentiment survey.

Bankrupt At Home ‘significantly impacted’ by tariffs, CFO said

The liquidity pressures faced by the home goods retailer were “exacerbated and accelerated” by the uncertain tariff environment, CFO Jeremy Aguilar said. 

SEC taps alum as chief accountant

EY veteran Kurt Hohl is rejoining the agency as controversial legislation advancing in Congress would fold the duties of the Public Company Accounting Oversight Board into the SEC.

Economy to slow, inflation to persist above Fed 2% goal: NABE survey

A rise in oil prices from war between Iran and Israel threatens to weaken economic growth and increase price pressures.

How ‘EQ’ strengthens a finance team

Building a “culture of emotional intelligence” in which a CFO’s staff feels supported and valued is key to retaining top talent, an associate professor at University of New Hampshire’s business school asserts.    

Consumer sentiment rises in June, buoyed by lull in tariff war

Still, survey results show “consumers remain guarded and concerned about the trajectory of the economy,” a University of Michigan economist said.

NY passes CPA pathways legislation as Florida punts

Since late last year at least 19 states — now including New York — have passed legislation providing alternative paths to CPA licensure to ease the accounting talent shortage.

Costco controller passes the torch after near-decade tenure

The decision to pick its new controller from its ranks aligns with the warehouse club retailer’s history of developing and keeping its financial bench talent.

IBM’s Apptio targets ‘AI sprawl’ in latest FinOps rollout

The tool can help users evaluate whether AI initiatives are incurring costs without corresponding business value or usage, an executive said.

Vera Bradley gets new CFO amid leadership shakeup

Coach alum Martin Layding will step into the retailer’s CFO seat amid a transformation effort to stem growing losses and bolster declining sales.  

Ex-Real Brokerage CFO alleges pregnancy discrimination in suit

The company manufactured an audit as grounds for Michelle Ressler's termination to "clear the way for her less qualified and unencumbered male successor," the suit alleges.

Trump says tariff deal with China is ‘done’

The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.