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Miran comes under fire in nomination hearing over future Fed independence
“Are you Donald Trump's puppet?” Sen. John Kennedy, R-La., asked Council of Economic Advisers Chair Stephen Miran during his testimony before the Senate Banking Commitee.
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Layoffs rise, job openings fall to lowest level in 10 months: BLS
“I expect the labor market to gradually cool and remain near full employment with the risks tilted to the downside,” St. Louis Federal Reserve Bank President Alberto Musalem said.
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California CPA pathways bill heads to Governor Newsom’s desk
Golden State lawmakers passed the legislation Tuesday, positioning the accounting industry’s licensing reform initiative for a big state win.
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Enanta CFO dies after taking medical leave of absence
Harry R. Trout was named interim finance chief of the drug company in late August as long-time CFO Paul J. Mellett, Jr. went on medical leave.
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Spectrum Brands terminates CFO to cut costs
The CFO departure comes as Spectrum targets additional cost savings and navigates the ongoing impacts of what CEO David Maura called “the tariff torpedo.”
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Tracker
Tracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
Updated Sept. 3, 2025 -
Only 10% of job seekers believe recruiters see most applications, survey finds
Amid skepticism around AI’s growing impact on hiring, some candidates doubt humans see their resumes and report ditching the process midstream.
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US factory output, employment sag as prices rise: ISM
Results from an Institute for Supply Management survey added to evidence that the Federal Reserve may face a stark dilemma at a monetary policy meeting this month.
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Crocs appoints Nike alum to CFO chair
Patraic Reagan will receive a sign-on bonus of $800,000 in association with his appointment as finance chief, the shoe brand said.
Updated Sept. 2, 2025 -
Colorado delays AI law implementation amid backlash
The delay gives Colorado lawmakers more time to work on tweaking the controversial AI statute in their 2026 legislative session.
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Deep Dive
Accounting talent shortage eases as layoff fears creep up
The increasing use of AI and offshore outsourcing to help with financial tasks, such as closing the books, is loosening the accounting labor market, experts say.
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Opinion
How agentic AI is poised to transform financial services
Firms are now able to integrate agents, bots and humans into seamless, end-to-end processes, writes Baker Tilly’s David Hickey.
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Brad Singer to serve as Warner Bros. CFO after WBD split
Singer is set to begin his new position in October in a “strategic role,” until the official formation of Warner Bros.
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AI opens door for new finance skillsets: insightsoftware
AI is creating space for the development of a new, strategically-minded finance function — but finance chiefs need to think carefully about how their teams are leveraging the tool.
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Work from home reduces ‘motherhood penalty’ in ‘family-unfriendly’ jobs
The expectation of working from home may prompt young women to pursue higher career ambitions, according to a National Bureau of Economic Research study.
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Women CFOs boost lagging company growth: OneStream
While women take an average of three years longer to reach the CFO seat than men, they tend to help boost shareholder value once there, OneStream found in a study.
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Tariffs pose ‘elevated risk’ of unleashing high inflation: Atlanta Fed
“Firms with supply chains that rely on imported goods have revised up their year-ahead [price] expectations markedly,” economists at the Federal Reserve Bank of Atlanta said.
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