Trade war puts US on ‘precipice’ of recession: Moody’s chief economist

The U.S. economy will likely begin to shrink “unless policy takes a very sharp turn here pretty quickly,” Moody’s Chief Economist Mark Zandi said.

Valuations, impairments spark more class actions than revenue recognition

Until last year, revenue recognition had been the most common GAAP violation alleged since Cornerstone first began tracking the class action suits in 2019.

Trump tariffs add to warehouse automation woes

Some vendors say their customers are already becoming “increasingly concerned” about the tariffs, according to a report by Interact Analysis.

Visual Lease finance exec seeks ‘scalable’ tech

As economic uncertainty and rising costs puts pressure on finance chiefs to make the right choices when it comes to their tech spending, the question of scale is key, Visual Lease’s Kathryn Eskandarian said.

Powell says tariffs will likely push up inflation, unemployment rate

Federal Reserve Chair Jerome Powell highlighted how planned and enacted policy shifts by the Trump administration have created unusual economic uncertainty.

Net Power ousts president, CFO amid ongoing cash challenges

The departures come approximately a month after the energy company once again pushed back the launch date for its first commerical-scale power plant and reupped cost estimates for the project.

Most companies just test-driving AI agents: KPMG

Despite a rise in agents that are being piloted, full-scale deployment of the technology has remained flat, a survey by the Big Four accounting firm found.

The Trump administration is making space for stablecoins. Should CFOs?

With the Trump administration embracing digital assets, finance leaders need to get educated on the potential risk and reward of cryptocurrencies and stablecoins.

Warner Music’s new CFO gets $1M signing bonus

Armin Zerza is taking the financial reins of the entertainment and record-label conglomerate as it has been seeking to cut costs.

Deepfake job candidates flagged as growing cyberthreat

Once inside a company, a deepfake employee can launch a cyberattack for financial gain, warns fraud detection firm Pindrop.

Microsoft confirms AI pullback as tariffs compound pressure

A significant “endeavor at this size and scale requires agility and refinement as we learn and grow with our customers,” Microsoft’s Noelle Walsh said.

Inflation likely to surge to 3.3% this year: NABE survey

The rise in price pressures will prove short-lived, according to a survey of economists. Still, inflation will likely persist above the Federal Reserve’s 2% target through next year.

Ex-Girardi CFO sentenced to 10 years in federal prison

The former finance chief was also ordered to pay $8.9 million in restitution after helping to build “a web of deceit and manipulation,” according to the court.  

Ulta Beauty aims for long-term growth after data, ERP upgrades

The company’s tech investments cleared the way for generative AI. Executives are working to reap the rewards.

Tariff threats spark surge in PC shipments

As vendors raced to stockpile U.S. inventory, end-users remained cautious during the first quarter of the year, Gartner's Rishi Padhi said.

DOGE poses danger to FTC data, fired commissioners say

The pair, who served as Democrats on the commission, said they were “deeply concerned” that DOGE may access confidential business data at the FTC.

Consumer sentiment plummets, inflation expectations soar amid trade war

“There’s been a sharp decline in consumer sentiment, and business sentiment measures have weakened too,” New York Federal Reserve Bank President John Williams said.

FASB sets clock for derivatives rules update

Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.  

China raises tariffs on US imports to 125%

Once the increase takes effect Saturday, the country signaled that it won't retaliate further if the U.S. hikes duties again.

Amazon CEO: Generative AI will ‘reinvent virtually every customer experience’

The company is building more than 1,000 generative AI applications across the business to improve customer experience, Andy Jassy said.

Paul Atkins confirmed to lead SEC despite Democrats’ opposition

Sen. Elizabeth Warren slammed Republicans for prioritizing a vote to put a “fox in charge of the hen house” over working to stop Trump’s tariff “chaos.”

Inflation cools as tariffs pose risk of stoking price pressures

Several private- and public-sector economists have warned that tariffs recently enacted by the Trump administration risk boosting inflation and slowing economic growth.

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 April 28, 2025

Bevi CFO looks to create solid, organic growth

The beverage company’s first-ever CFO, Wajeeha Ahmed, said she is focusing on “pressure testing” its people and processes to ensure Bevi can effectively scale. 

Trump announces 90-day pause on some tariffs against most trade partners

President Donald Trump announced a partial pullback from a trade war that has prompted forecasts of recession and turmoil in both bond and stock markets.