The Latest

  • close up of dollar bills
    Image attribution tooltip
    Gordan1 via Getty Images
    Image attribution tooltip

    Inflation rises, affirming Fed decision to hold benchmark rate steady

    President Donald Trump lashed out at Federal Reserve Chair Jerome Powell for not cutting the federal funds rate on Wednesday.

  • Accounts payable and receivable
    Image attribution tooltip
    champpixs via Getty Images
    Image attribution tooltip

    FASB issues credit loss accounting relief

    The latest GAAP update comes as FASB stakeholders have identified several new standard-setting areas of interest, including potential projects related to stablecoins.  

  • Jerome Powell
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    Fed holds main rate steady, overriding two dissenting votes

    The mix of a cooling labor market and stubborn, above-target inflation has posed a dilemma for the central bank while breaking unanimity among policymakers.

    Updated July 30, 2025
  • Massive renovation continues on the Federal Reserve's HQ building
    Image attribution tooltip
    Andrew Harnik/Getty Images via Getty Images
    Image attribution tooltip

    Construction pros react to interest rate decision

    The Federal Reserve held rates steady Wednesday afternoon, dashing hopes for a summer cut, but builders are adjusting their strategies to stay on the job.

  • Alaska Airlines Boeing 737 aircraft at a Seattle-Tacoma Airport
    Image attribution tooltip
    Stephen Brashear via Getty Images
    Image attribution tooltip

    Boeing narrows losses ahead of new CFO’s arrival

    Brian West oversaw his last earnings call as Boeing’s CFO on Tuesday. Lockheed Martin alum Jay Malave is set to take the jet maker’s finance reins next month. 

  • Businessman looking at recruitment website on a laptop computer.
    Image attribution tooltip
    courtneyk via Getty Images
    Image attribution tooltip

    Most firms still grappling with accounting talent crunch

    Securing junior level candidates with more than one year of experience has proven especially challenging, an Intuit survey found. 

    Updated July 31, 2025
  • Silicon Valley Bank
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    KPMG revives bid for SVB complaint dismissal

    In June a California judge denied motions to dismiss claims in a class action suit against SVB Financial Group’s former CFO, CEO, directors and auditor.

  • Two business people are signing contract.
    Image attribution tooltip
    simarik via Getty Images
    Image attribution tooltip

    CFOs should eye ‘opportunistic’ approach to M&A: Wiss

    When it comes to M&A, CFOs today need to allow themselves space to “lose a little money in the short-term,” knowing it will put them on better footing for the long-term, Wiss’s Bill Haemmerle said.

  • Consumers choosing snacks
    Image attribution tooltip
    Permission granted by ADM
    Image attribution tooltip

    Consumer confidence inches up despite signs of weakening labor market

    Indications of a cooling job market recently prompted Federal Reserve officials to voice openness toward cutting borrowing costs at a monetary policy meeting that ends Wednesday.

  • President Donald Trump speaks on stage
    Image attribution tooltip
    Chip Somodevilla / Getty Images via Getty Images
    Image attribution tooltip

    Trump AI plan allows wide room for denying funds to states

    The plan is silent on how the administration will define “burdensome” state AI rules for the purpose of withholding federal funds.

  • Binary code abstract background with US $100 dollar banknotes.
    Image attribution tooltip
    Viorika via Getty Images
    Image attribution tooltip

    AI spending above $10M jumps as agentic tools grab spotlight

    Nearly three-quarters of senior leaders believe that entire business units will one day be managed by agentic AI, EY researchers found.

  • The Microsoft logo is seen at an Experience Center on Fifth Avenue on April 03, 2024 in New York City.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Microsoft says H-1B visas, layoffs ‘in no way’ related

    Scrutiny of the tech giant’s use of the visa program comes at the end of a month in which the company announced deep job cuts. 

  • People sit in chairs against a wall while some get up to walk.
    Image attribution tooltip
    skynesher via Getty Images
    Image attribution tooltip

    27% of US companies plan to delay hiring or investment: NABE survey

    “Their uncertainty may be holding businesses in a neutral state,” Cotality Chief Economist Selma Hepp said.

  • U.S. President Donald Trump and European Commission President Ursula von der Leyen shake hands after concluding trade negotiations on July 27, 2025, in Turnberry, Scotland
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    US, EU agree to lower tariffs in ‘framework’ deal

    Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.

  • shipping
    Image attribution tooltip
    Pierre Crom via Getty Images
    Image attribution tooltip

    CFOs face surging trade compliance costs under Trump’s high tariffs: Fed

    Much of the new regulatory cost from higher tariffs stems from greater complexity in determining the national source of a product, according to the Federal Reserve.

  • an exterior shot of the US capitol building
    Image attribution tooltip
    Samuel Corum via Getty Images
    Image attribution tooltip

    Businesses get more predictable tax runway: EY

    Many companies are still “running the numbers” to determine how Trump’s budget will effect their bottom line, but it ushers in a period of “relative tax certainty,” EY’s Adam Francis says.

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    SEC declines to confirm whether climate disclosure rule will be upheld if it survives litigation

    The agency told an appeals court it “does not intend to review or reconsider” the rule but did not confirm whether it would enforce it if legal challenges against the rule fail.

  • A Tesla Cybertruck in front of a Miami courthouse on July 14, 2025
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Musk warns of ‘rough’ quarters ahead amid Tesla revenue slump

    CFO Vaibhav Taneja highlighted “near-term challenges” due to regulatory and tariff impacts, as the EV maker reported a 12% slide in revenue for its second quarter.

  • FASB board
    Image attribution tooltip
    Courtesy of FASB
    Image attribution tooltip

    FASB advances GAAP codification refresh

    More than 30 accounting rule updates were affirmed by the U.S. standard setter Wednesday as part of a broad refresh of the codification that underpins GAAP. 

  • Google logo on an entrance to the Fulton Market building in Chicago.
    Image attribution tooltip
    jetcityimage via Getty Images
    Image attribution tooltip

    Alphabet CFO reports spike in operating costs after $1.4B Texas settlement

    Alphabet’s total operating expenses jumped 20% during the second quarter, driven largely by legal costs, CFO Anat Ashkenazi said.

  • Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    What to know about the $7.25 minimum wage

    This week marks the 16th anniversary of the federal minimum wage’s last increase.

  • A sign at the entrance of a GM dealership on July 22, 2025 in Chicago, Illinois
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact

    Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.  

  • An aerial view of a highway over Paynes Prairie in Gainesville, Florida.
    Image attribution tooltip
    Michael Warren via Getty Images
    Image attribution tooltip

    Gainesville Mayor braces for another DOGE-style review

    Mayor Harvey Ward will cooperate with the state’s planned audit of the city’s spending, he said, but he “stands by” the city government’s efficiency.

  • Header image for "Audit Regulators Vow a Tougher Regime"
    Image attribution tooltip
    CFO Editorial Staff
    Image attribution tooltip

    PCAOB slams Hong Kong auditor of Luckin Coffee

    Luckin Coffee hired the Hong Kong-based auditing firm soon after settling fraud charges brought by the Securities and Exchange Commission in 2020.

  • President Donald Trump speaks during a cabinet meeting at the White House on July 8, 2025, in Washington, D.C.
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    Trump releases AI action plan targeting regulatory ‘red tape’

    The plan states that AI-related federal funding should not go to states with burdensome rules on the technology.

    Updated July 24, 2025