The Latest
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Inflation surges 3.8%, propelled by gas price, outpacing wage gains
The war-induced rise in price pressures may prompt the Federal Reserve to forgo a reduction in borrowing costs this year, economists said.
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SAP ramps up push to bring AI agents to finance teams
The rollout spans FP&A, tax, and treasury, as SAP moves to an end-to-end approach for automating finance workflows.
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Execs admit to making ‘material’ decisions based on bad data
Nearly 40% of surveyed finance and IT leaders said their organization incurred losses above $1 million due to data flaws.
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AICPA launches AI training to upskill finance teams
KPMG, Cisco and Stanley Black & Decker have all piloted early versions of the program that aims to help workers become more proficient in using AI.
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Iran war inflation crimps profits, plans for investment, hiring: NABE
Half of the respondents to a National Association for Business Economics survey put the odds of a U.S. recession in the next 12 months at 26% or higher.
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SolarEdge taps new CFO amid turnaround plan
Incoming SolarEdge CFO Maoz Sigron is set to receive a monthly salary of approximately $44,000, subject to a 10% reduction should certain financial performance goals be left unmet, according to an SEC filing.
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Berkshire’s incoming CFO to reap $8M salary in post-Buffet era
The Nebraska-based conglomerate said it will pay newly appointed CFO Charles Chang nearly double the salary his predecessor received last year.
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AlphaSense CFO dedicates at least 10 hours per week to AI skills
Samantha Greenberg wants to make sure she is “right on top” of how to run an AI-native finance organization at AlphaSense, she said.
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CFOs earn higher pay as pressures mount: Datarails
Median CFO pay now slightly exceeds chief operating officer levels, but tenure is falling and turnover is rising, the study found.
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Labor market adds 115,000 jobs, exceeds forecasts despite Iran war
“Many businesses are catching up on hiring and investment decisions delayed last year due to tariff uncertainty,” said Bill Adams, chief U.S. economist at Fifth Third Commercial Bank.
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Tech layoffs climb as AI remains top driver
For the second month in a row, AI led all reasons for U.S. job cuts across sectors in April, accounting for 26% of total layoffs.
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New Shake Shack CFO gets $300K signing cash bonus
Domino’s alum Michelle Hook joins the burger chain as it looks to expand its company-operated locations and swing back from an operating loss in Q1.
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Jennifer Garner’s Once Upon a Farm CFO gets post-IPO raise
The organic kids' food maker will also pay $3 million more to actress Jennifer Garner as part of her spokesperson agreement.
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Retrieved from Prophix on May 06, 2026
Prophix CEO cautions against building an AI ‘faster horse’
The advent of agentic AI represents a huge leap toward the dream of a continuous close — but to get there, providers need to convince CFOs it can be trustworthy.
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4 legal pricing pitfalls to avoid
Companies must remain vigilant when adopting pricing tools to ensure they comply with antitrust laws, attorney J. Wyatt Fore advises.
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OpenAI, PwC partner to build AI agents for CFOs
The ChatGPT developer’s finance organization is serving as “customer zero” for the initiative.
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SEC unveils blueprint for ditching quarterly reporting
The proposal is part of the “Make IPOs Great Again” push aimed at reducing the “rigidity” of rules governing public companies, SEC Chair Paul Atkins said Tuesday.
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The Knot Worldwide’s Michael Pickrum: How to be a ‘value CFO’
With wedding season nearing, The Knot WorldWide CFO Michael Pickrum wants to ensure the company’s finance function can serve as a value add, he said.
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Rebound in hiring, steady job openings highlight firming labor market
Bureau of Labor Statistics data affirmed the view of many economists that the job market is poised at an unusual “low-hire, low-fire” balance.
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The image by Rachel Johnson is licensed under CC BY-ND 2.0
Data bottlenecks stall CFOs’ push for faster month-end close
“Companies are investing in AI, but they're still not closing the books as fast as they would like,” said Aaryn Ross, a financial data analyst at LiveFlow.
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Opinion
The real gap between cybersecurity and finance
CFOs and security leaders are managing the same enterprise risk “through entirely different lenses,” writes Bellini Capital CISO Brian Blakley.
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Q&A
New Checkr CFO seeks to ‘invest heavily’ in AI, core tech
Newly appointed Checkr CFO Tim Yarbrough is focusing on allocating capital where the company has the highest “right to win,” he said.
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Age fades as barrier to winning the CEO seat: NBER research
Yet ageism persists below the C-suite, with most U.S. workers aged 50 or older reporting bias, according to the American Association of Retired Persons.
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Iran war strains global business travel, as companies adjust meeting plans
Global conflicts are causing some companies to examine their “duty of care” policies and could bring back more virtual meetings, the survey found.
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Warner Bros CFO awarded salary hike amid Paramount deal pushback
The compensation bump comes as the $110 billion merger of Warner Bros. with Paramount Skydance faces regulatory scrutiny and a consumer antitrust lawsuit.