Falling job openings bolster case for pause to Fed rate hikes

A decline in job vacancies prompted traders in interest rate futures to increase odds that the Federal Reserve will not alter monetary policy at its September meeting.

By Jim Tyson • Aug. 29, 2023

Cyber insurance providers increase scrutiny on enterprise risk, report finds

Policyholders face higher costs and additional exclusions, even as the market stabilizes, a study on behalf of Delinia found.

By David Jones • Aug. 29, 2023

SEC signals sharper scrutiny of soured real estate loans

A report from the Arnold & Porter law firm warns “accounting for expected credit losses will be a high priority for bank examiners and the staff of the SEC.”

By Maura Webber Sadovi • Aug. 28, 2023

Trump’s tariff would shrink GDP 1.1%: Tax Foundation

A new, far-reaching round of tariffs promoted by Trump would harm profits and productivity at U.S companies, according to a recent report.

By Jim Tyson • Aug. 28, 2023

Cyberattackers have upped their game. Have a recovery plan ready.

With a good plan, data can be quickly restored after a ransomware attack, bringing systems back online without the need for a hefty payment to a cybercriminal, writes Object First’s Anthony Cusimano.

By Anthony Cusimano • Aug. 28, 2023

4 takeaways from Powell’s Jackson Hole speech

Inflation is down from last year, but the Fed plans to keep on the path of restrictive monetary policy until it's at 2%, the central bank’s chair said.

By Gabrielle Saulsbery • Aug. 25, 2023

How CFOs can trade ‘Dr. No’ role for stickier customers

Advances in AI can help executives balance the tension between cost efficiencies and satisfied customers, AlixPartners’ Saurabh Singh and Jason McDannold assert.

By Saurabh Singh and Jason McDannold • Aug. 24, 2023

CFO recession fears ease: PwC

C-suite economic optimism is growing, but executives remain split on the possibility of a recession.  

By Grace Noto • Aug. 22, 2023

CSX CFO downplays UAW strike threat

Auto manufacturers are key customers for freight rail operator CSX, but CFO Sean Pelkey is betting that any strike would be “short lived.”

By Chris Gaetano • Aug. 17, 2023

Recession warnings persist even amid signs of strength

A robust job market and persistent economic growth have not silenced alarms of an imminent downturn.

By Jim Tyson • Aug. 17, 2023

M&A plunged 39% in Q2 amid rising interest rates

Sustained economic growth and the prospect of an end to monetary tightening may spur dealmaking during the second half of 2023, top executives said in quarterly earnings calls.

By Jim Tyson • Aug. 16, 2023

SEC cyber rules ignite tension between reputation and security risk

The rules, which take effect Sept. 5, encountered mixed reactions. Some champion board-level cyber accountability. Others say the rules are too big of a lift.

By David Jones • Aug. 15, 2023

US Chamber urges SEC to delay cyber rule implementation

The SEC has “chosen speed over accuracy” while ignoring important business community concerns in pushing out the new regulations, the U.S. Chamber of Commerce asserts.

By Alexei Alexis • Aug. 15, 2023

CEOs plan to raise wages at least 3%: Conference Board

U.S. companies across a range of industries seek to gain an edge in an unusually tight labor market by increasing pay.

By Jim Tyson • Aug. 14, 2023

CEOs plan for recession despite steady growth

Top executives are preparing for a downturn, a CEO survey showed, despite 2.4% growth, slowing inflation and brighter consumer sentiments.

By Jim Tyson • Aug. 11, 2023

Inflation cools, validating slowdown in Fed rate hikes

Although gains in the prices of many goods and services slowed in July, shelter and fuel costs rose at rates that may limit disinflation in coming months. 

By Jim Tyson • Aug. 10, 2023

Data privacy startup Osano secures $25M funding boost

The company is looking to beef up some of its key teams amid growing business demand for tools to keep pace with constantly evolving data privacy requirements.

By Alexei Alexis • Aug. 10, 2023

Pot firm says ex-CFO wrongly racked up over $350K in personal charges

Trulieve revealed its investigation's findings as the cannabis industry struggles with high taxes, competition from illegal sellers and falling prices.

By Maura Webber Sadovi • Aug. 10, 2023

6 CFO tips for handling the backlash against ESG

The ESG backlash has compelled companies to alter their sustainability strategies, including ensuring close alignment with core business goals, the Conference Board said.

By Jim Tyson • Aug. 9, 2023

WhatsApp at center of $289M fines imposed on financial firms

The penalties bring to $1.5 billion the amount companies have paid since the SEC launched an initiative in 2021 to curb employees' use of off-channel messages. 

By Robert Freedman • Aug. 9, 2023

Small business pessimism eases: NFIB

Many economists have recently scuttled recession forecasts even as most small businesses still complain about persistent inflation and a tight labor market.

By Jim Tyson • Aug. 8, 2023

C-suite execs waver on AI amid regulatory uncertainty: KPMG

The technology is drawing close scrutiny in Washington over concerns that it poses risks in areas such as data privacy and security.

By Alexei Alexis • Aug. 8, 2023

Gensler pressured by 80 Democrats to adopt climate risk rule

Democrats backed a proposed SEC rule on carbon emissions disclosure following GOP-backed hearings last month aimed at curbing federal promotion of ESG principles.

By Jim Tyson • Aug. 7, 2023

Record number of ESG shareholder proposals go to a vote

As of June 30, approval rates for shareholder proposals focused on environmental and social issues fell compared to all of 2022, Diligent Market Intelligence said.

By Jim Tyson • Aug. 4, 2023

CFOs see brighter economic prospects: survey

Optimism in the economic outlook is far stronger in North America than in Europe and Asia, according to two accounting organizations.

By Jim Tyson • Aug. 2, 2023