Peloton to shrink workforce by 6% in cost-cutting effort

The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in our future.”

Recurring jobless claims surge to highest level since 2021

The labor market is cooling as inflation heats up, posing a challenge for Federal Reserve policymakers mandated by Congress to ensure full employment and price stability.

Fastly taps new CFO amid record revenue

The CFO swap comes after the content delivery platform appointed Kip Compton to its CEO chair in June. The company is now targeting between $594 million to $602 million in full-year revenue.

Voter confidence in U.S. fiscal outlook falls to 13-month low: survey

The Peterson Foundation poll suggests that the White House has not persuaded most voters that a massive tax-and-spending bill enacted last month will eventually reduce the federal debt.

Tesla CFO Taneja, ex-CFO Kirkhorn named in robotaxi shareholder suit

The suit comes shortly after Tesla was ordered to pay $240 million to victims of a car crash related to its autopilot technology by a Florida jury.  

‘Big bang’ tech deployments fade amid optimization focus

“Instead of 24- or 36-month projects, we’re talking six- to eight-week cycles,” Grant Thornton’s Tony Dinola said.

Service sector slows, employment falls as tariffs take hold: ISM survey

Consumer spending on both services and goods has fallen this year compared with last year, growing just 1.4% during the second quarter.

SEON CFO keeps eye on currency risk

The software firm’s CFO is carefully watching FX risk as SEON looks to expand its global footprint in a volatile macroeconomic environment.

Bloomin’ Brands hires new CFO among a series of leadership changes

The company also created an executive position for strategy and transformation to help improve the performance of Outback Steakhouse.

Autonomous finance will arrive within three years: Ramp CEO

The tech executive weighed in on the future of finance as his company announced that it raised $500 million at a $22.5 billion valuation.

Cybersecurity budgets tighten as economic anxiety rises

Uncertain tariff policies and fluctuating inflation and interest rates are leading to stagnant or reduced budgets, according to an IANS Research report.

Labor market outlook dims, with jobs harder to get: Conference Board

The Trump administration’s back-and-forth approach to tariff negotiations has prompted companies to forgo hiring, economists said.

First-ever Finzly CFO seeks to create culture of ‘connectivity’

As the first CFO for the payments infrastructure provider, software alum Adam Carson aims to upgrade the finance role from a "backseat function."

AI evolution prompts sense of urgency among CFOs: Oracle

The steady evolution of AI is creating a sense of urgency for CFOs — but they need to ensure they have the right mix of tech and accounting skills inside of their teams, Oracle’s Hari Sankar says.  

US to install country-specific tariffs Aug. 7

President Donald Trump signed an executive order Thursday officially codifying rates for over 60 trading partners while pushing back implementation by seven days.

Pitney Bowes replaces CFO after only months in seat

CEO Kurt Wolf said he previously served on the board of GameStop with Pitney Bowes’ newly-minted CFO Paul Evans.

UnitedHealth replaces CFO in another leadership shakeup

Wayne DeVeydt, a healthcare veteran who most recently worked at Bain Capital, will take up the finance chief job on Sept. 2 as the healthcare behemoth faces an array of operational challenges. 

One in four CFOs expect to adopt crypto by 2027: Deloitte

Finance chiefs are eyeing stablecoins in particular as “a practical entry point” into adoption of digital assets, Deloitte says. 

Microsoft capex to exceed $30B this quarter, CFO says

The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped propel its valuation past the $4 trillion mark.

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.

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.  

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

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.

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. 

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