The Latest
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Agentic AI deployment accelerates despite risks: KPMG
The uptick comes as Gartner predicts that more than 40% of agentic AI projects will be canceled by the end of 2027.
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Labor market slows as jobless claims rise to highest level since 2021
The job market is “progressing solidly, although more slowly than before,” Mary Daly, president of the Federal Reserve Bank of San Francisco, said.
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Ulta Beauty controller tapped as interim CFO
Controller Chris Lialios will step in as interim CFO following Paula Oyibo's departure.
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Stablecoins could bridge legacy finance-crypto gap, Bastion exec says
Ripple alum Vince Tejada sees “an explosion of adoption” for stablecoins — once the ongoing regulatory evolution settles into clear guidance.
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PCAOB imposes smaller exam cheating fines, citing cooperation
The audit watchdog this week announced penalties totaling $8.5 million on three Netherlands firms. Last year, KPMG Netherlands alone was fined $25 million in connection with an exam cheating scandal.
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Fed on hold to see if tariff-induced inflation persists, Powell says
“A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve Chair Jerome Powell said.
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Netflix taps Airbnb CFO Mertz for board
The Airbnb executive previously served in various finance roles at Netflix.
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Ahold Delhaize USA taps Food Lion executive as CFO
Jason Wilson, formerly senior vice president of finance for the grocery chain, will focus on expanding Ahold Delhaize USA’s omnichannel operations in addition to overseeing its financial activities.
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Powell affirms ‘wait-and-see’ rate policy, bucking Trump’s call for cuts
Since the Federal Reserve met last week, two policymakers have said they may favor a quarter-point reduction in the main interest rate at a July 29-30 meeting.
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Ex-Hewlett Packard, Sprint CFO joins Pure Storage
Tarek Robbiati succeeds outgoing finance chief Kevan Krysler, who has held the post at the Santa Clara, California-based data storage company for five years.
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Uber alum turned Remote CFO applies ‘risk-on’ lessons
Remote CFO Michiel Boere is taking advantage of the payroll platform’s dry powder to make long-term investments that let it prepare for where “customers will want us to be in three years,” he said.
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Judge approves AT&T’s $177M data breach settlement
The settlement, which has received preliminary clearance, now awaits a December hearing for final approval.
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Push to freeze state AI regulation clears Senate hurdle
The effort comes as AI legislative proposals are rapidly piling up across states, creating potential compliance headaches for business leaders.
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Salesforce preps price hike amid AI blitz
The software company will increase pricing across several of its core products, including Slack, Enterprise Editions for Sales Cloud and Service Cloud.
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White House redoubles pressure on Powell to cut Fed’s main interest rate
Republican lawmakers on Tuesday may chime in with criticism if Fed Chair Jerome Powell affirms a “wait-and-see” monetary policy approach in testimony to a House committee.
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CFO Editorial Staff
PCAOB wins Senate lifeline while future remains murky
The U.S. auditor watchdog got a legislative reprieve through the "Byrd bath" process last week. But the battle over its future is likely to persist, experts say.
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Xerox alum joins publisher Wiley following AI licensing revenue jump
The CFO appointment comes as the publisher nearly doubled its revenue from AI licensing agreements to $40 million for its fiscal 2025, according to its earnings report.
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Senate pitches permanent TCJA tax breaks
The Senate proposal would make the trio of tax-relief provisions from the 2017 Tax Cut and Jobs Act permanent. In contrast, the House bill would only extend them through 2029.
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Intel alum to get $1.9M bonus as newly-minted Ciena CFO
The appointment comes after the optical networking company reported a nearly 24% boost to net revenue for its most recent quarter, driven by skyrocketing data center and cloud spending.
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Economy heading toward ‘significant slowdown,’ Conference Board says
“Maybe we should start thinking about cutting the policy rate at the next meeting, because we don’t want to wait until the job market tanks,” a Federal Reserve official said.
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Fed holds main interest rate steady, expects two cuts later in 2025
Policymakers have left borrowing costs unchanged this year while balancing signs of a softening labor market against concerns that U.S. tariffs will stoke inflation.
Updated June 18, 2025 -
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GENIUS Act puts renewed spotlight on stablecoins, digital assets
The regulatory clarity the GENIUS Act proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as CFOs, examining the space, EY’s Paul Brody said.
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SolarWinds promotes insider to CFO seat
The change comes as the company defends itself against a Securities and Exchange Commission lawsuit stemming from a major cybersecurity breach in 2020.
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Deep Dive7 CFO tips for thriving despite ‘perma-crisis’ turmoil
“Foundational rules for risk management have been fundamentally altered forever," the former CEO of the Institute of Internal Auditors said.
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Maine governor signs CPA exam bill, stripped of pathways
While there’s growing momentum behind the push to ease CPA licensure rules, the legislative initiatives have stalled in some states this year.
