The Latest
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Trump’s tariffs: Tracking the status of international trade actions
The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.
Updated 17 hours ago -
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Getting started with AI: Grab a foothold, not a roadmap
AI is here, but finance orgs are falling behind. Here are three ways to jumpstart your AI transformation.
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Inflation slows more than forecast as tariff retreat eases price pressure
Even after recent tariff reductions, U.S. consumers face an effective tariff rate of 17.8%, the highest level since 1934, the Yale Budget Lab said.
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Tesla CFO offloads another $1.1M in stock
The sale comes as Tesla looks to reverse slumping sales and combat brand hostility, while facing roadblocks on new projects such as its long-awaited “robotaxi” service.
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AI is stirring mixed feelings among CFOs, survey finds
The research highlights a “trust gap between the untested promise of AI and the wariness of security and privacy risks,” finance software company Kyriba said.
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Booking CFO leans on AI in push to run ‘tight ship’
The online travel company is looking to slash costs by as much as $450 million by the end of 2027. It aims to reinvest some of the freed-up capital into AI projects.
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Why retail’s e-commerce disruption era is over
Brick-and-mortar stores drive the vast majority of core retail sales, and that won’t change any time soon, according to a report from commercial real estate firm Colliers.
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House committee set to vote on budget legislation extending tax cuts
The bill under consideration by the House Ways and Means Committee lays the foundation for much of President Donald Trump’s agenda.
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Prologis CFO details a $6B credit line strategy for turbulent times
The industrial real estate company’s finance chief says multiple credit lines both shield the balance sheet from market disruptions and enable the REIT to seize on opportunities.
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Chewy CFO resigns; looks to return to semiconductor industry
The CFO’s departure comes after Chewy reported rising sales and customer figures for 2024, despite seeing its stock value wobble amid “meme” stock trades.
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US, China agree to reduce tariff rates for 90 days
By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.
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The budget-friendly case for a use-it-or-lose-it return-to-office policy
Top-line leadership unwilling to be strict about RTO policies can leave a company still paying for office space even as its workforce is effectively remote, a workplace analytics expert says.
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Mattel taps Kenvue’s Ruh for CFO amid tariff pressure
The leadership change comes at the end of a week in which the California-based toymaker landed squarely in the crosshairs of President Donald Trump’s tariff push.
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EY, DXC join SAP’s ongoing ERP migration push
The consulting firms launched services to help enterprises move to S/4HANA cloud-based systems as a 2027 support deadline for on-prem customers looms.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.