About 1 in 8 US workers could be displaced due to automation

Roughly half of all jobs face a slight or moderate risk of automation in the near future, SHRM said.

Jobless claims fell in early May despite ramp up of tariffs

Consumer expectations for earnings growth and the availability of jobs in a year declined in April, the Federal Reserve Bank of New York said.

Kellanova CFO jumps to J&J spinoff Kenvue

As Kenvue’s CFO, Amit Banati is set to receive a $2.5 million one-time cash bonus, the company said.

PwC cuts 2% of US workforce, citing ‘historically low’ attrition

This week the Big Four firm shed 1,500 workers in its assurance and tax units — including accountants — layoffs that aren’t tied to AI, PwC said.

Fed warns of rising inflation, unemployment risks; holds rates steady

“Uncertainty about the economic impact has increased further,” policymakers said in a statement after a two-day meeting.

Updated May 7, 2025

Vodafone CFO departs for Vonovia CEO role

Vodafone and SAP alum Luka Mucic will tread familiar waters as Vonovia’s CEO. The German real estate company looks to boost growth after a downturn in the European housing market.

Nearly half of C-suite execs weigh team budget cuts: Gartner

Macroeconomic uncertainty is also driving some executives to consider altering go-to-market, product and geographic mix strategies, a Gartner poll found.

CFOs signal bigger hiring role amid talent shortage, Deloitte finds

Finance chiefs are increasingly involved in staffing their departments — effectively acting as the chief human resources officer for finance, the Big Four accounting and consulting firm asserts.

ADM expects 2025 earnings to be at lower end of guidance, CFO says

The global grain merchant’s finance chief also said the company wouldn’t provide specific segment operating guidance due to tariff and macroeconomic uncertainties.

CROs, CFOs must balance growth, risk

For long-term, strategic success, it’s important for CFOs and chief revenue officers to craft a strong relationship.

Amazon doing ‘everything it can’ to hold down prices amid tariffs: CFO

Executives at Amazon, Apple and Tesla flagged concerns about President Trump’s tariffs during big tech’s latest earnings season.

KPMG rolls out AI-powered tool for mitigating tariff risks

The new tool can help with complex analyses that play a role in mitigation strategies a CFO might choose to adopt, according to KPMG’s Andrew Siciliano.

SAP, buoyed by cloud shift, extends CEO, CFO contracts

CEO Christian Klein will remain at the helm through 2030 as the push to migrate customers from on-premises ERP systems continues, the company said Monday.

US service industry gains strength despite global trade war

A gauge of prices last month rose to the highest level since early 2023, the Institute for Supply Management found in its survey of the service sector.

Tariffs trigger pauses on some retail, industrial real estate deals

It’s too soon to know exactly how tariffs will impact commercial real estate. But some cracks are emerging in the U.S. retail and industrial sectors, CBRE’s Whitley Collins says.

Facing burnout, CFOs must hone in on tech

Overburdened financial chiefs should take second looks at technologies in the finance function — and consider paring back the tools, software provider Pigment’s CFO says.

The Ben Affleck accounting shortage hack

“The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession?

Tesla CFO sells another $1.1M in company shares

The EV maker’s finance chief has offloaded about $6.5 million in shares in 2025, according to company filings.  

US hiring exceeds forecasts despite start of tariff barrage

Trump administration shifts in trade and other policies blur the outlook for future employment, according to economists at several organizations.

House committee votes to scuttle PCAOB, make SEC auditor watchdog

Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.

eBay’s CFO to exit as ex-PayPal exec takes seat

The e-commerce company’s leadership changes come as a Morningstar analyst says tariff policy is creating uncertainty for the platform's sellers and buyers. 

Microsoft capex to grow at slower rate, CFO says

The pullback comes as big tech companies face growing investor scrutiny over their heavy artificial intelligence spending.

Tesla CFO equity, stock grant pushes comp to $139M

CFO Vaibhav Taneja was the only named executive to receive an equity grant for 2024, the EV maker said in its annual report.

Economy shrank during Q1 on pre-tariff jump in imports

Companies scrambled to boost their stock of foreign-made goods before President Donald Trump on April 2 announced sweeping import duties.

US M&A volume to rise just 1% this year amid tariffs: EY

The slowdown follows a 19% year-over-over spike in 2024, according to Big Four accounting firm Ernst & Young.