Risk Management: Page 3
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Fed’s key inflation measure rose in January, validating high-rate hold
Policymakers have refrained from declaring sufficient progress in their fight against inflation, pushing back by several months market expectations for a rate cut.
By Jim Tyson • Feb. 29, 2024 -
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Consumer confidence falls, breaking three-month rising streak
Spending by consumers is showing signs of sputtering after propelling better-than-expected economic growth last year.
By Jim Tyson • Feb. 27, 2024 -
Explore the Trendline➔
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TrendlineTop 5 stories from CFO Dive
Cooling inflation, an M&A rebound and an AI reckoning are among the top forces that could shape the corporate finance world this year.
By CFO Dive staff -
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SaaS license waste tops IT spend challenges
Hasty software purchasing during the pandemic led to bloated tech stacks that are now ripe for trimming.
By Alexei Alexis • Feb. 27, 2024 -
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CFOs take backseat to CISOs on SEC cyber rules
Less than half of finance chiefs are involved in the SEC's cybersecurity breach disclosure process, AuditBoard found.
By Alexei Alexis • Feb. 27, 2024 -
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Economists predict 2.2% GDP growth, outstripping prior 2024 forecast: NABE
Data on the job market, and consumer and producer prices, suggest the Fed may need to keep the main interest rate at a 40-year high longer than markets anticipated.
By Jim Tyson • Feb. 26, 2024 -
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MGM Resorts’ cyberattack headache continues as regulators launch investigations
The company said it could face fines in connection with regulatory inquiries stemming from the social engineering attack.
By David Jones • Feb. 26, 2024 -
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SEC charges husband for insider trading on wife’s deal-making for BP
A Houston resident overheard merger negotiations by his wife, a former BP employee, and engaged in insider trading, the SEC alleged.
By Jim Tyson • Feb. 23, 2024 -
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M&A to rise, buoyed by ready cash, solid profits, stable economy: McKinsey
CFOs will sooner reach strategic goals through deal-making than through organic growth, McKinsey said.
By Jim Tyson • Feb. 20, 2024 -
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Investors rank securing talent as top corporate priority in 2024: EY
Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said.
By Jim Tyson • Feb. 16, 2024 -
Courtesy of the National Transportation Safety Board.
Boeing CFO expects 2H24 production resurgence, cites ‘uncertain moment’
The aerospace company is grappling with the implications of last month’s midair door plug blowout that shocked travelers and sparked an FAA audit.
By Suman Bhattacharyya • Feb. 15, 2024 -
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Ex-Zoom finance exec lands at fraud detector Forter
Forter’s new CFO, Anthony Barsoom, is replacing Aaron Barfoot, who exited to become finance chief of a rival company.
By Alexei Alexis • Feb. 15, 2024 -
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Inflation edges up, pushing back forecast of first Fed rate cut
Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.
By Jim Tyson • Feb. 13, 2024 -
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CEO optimism hits two-year high as inflation cools: Conference Board
More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.
By Jim Tyson • Feb. 9, 2024 -
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R&D tax rollback proposal leaves CFOs ‘on edge’
Many businesses applauded when a tax package with the key R&D provision sailed through the U.S. House. Now they’re waiting for the Senate to act.
By Maura Webber Sadovi • Feb. 8, 2024 -
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Yellen backs legislation to avert AI threat to financial stability
Testimony by the Treasury Secretary follows a pledge by the Biden administration to seize on the benefits of artificial intelligence while containing its risks.
By Jim Tyson • Feb. 8, 2024 -
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Yellen says commercial real estate losses may leave banks ‘quite stressed’
Bank regulators aim to avert turmoil caused by a slump in the value of commercial real estate, Treasury Secretary Janet Yellen said in testimony to a House committee.
By Jim Tyson • Feb. 6, 2024 -
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Clorox says it incurred $49M in costs from 2023 cyberattack
The breach caused system disruptions that led to order processing delays and “significant product outages,” negatively impacting net sales and earnings.
By Alexei Alexis • Feb. 6, 2024 -
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OpinionThe fight against cyber fraud: How to up your game in 2024
CFOs face an increasingly daunting fraud landscape — from deep-fake phone calls to AI-generated text messages, writes Trustpair CEO Baptiste Collot.
By Baptiste Collot • Feb. 6, 2024 -
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Fed pivots to considering when to cut main interest rate: Powell
Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.
By Jim Tyson • Feb. 5, 2024 -
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US economy will likely cool as ‘real’ interest rates rise: ACCA
As the economy avoided a downturn last year, confidence among CFOs rebounded close to the long-term average, the ACCA said.
By Jim Tyson • Feb. 2, 2024 -
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Consumer confidence, job openings rise as Fed favors holding rates high
The Federal Reserve on Wednesday will probably keep the main interest rate as the highest level since early 2001 as the economy shows signs of unexpected strength.
By Jim Tyson • Jan. 30, 2024 -
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One in four companies ban GenAI
The research by Cisco found that generative artificial intelligence tools are putting many companies’ sensitive data at increased risk of public exposure.
By Alexei Alexis • Jan. 30, 2024 -
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OpinionHolding out for a bankruptcy ‘cram down’? Think again.
C-suites should take a hard look at the true cost of bankruptcy before filing for Chapter 11, Lowenstein Sandler’s Kenneth A. Rosen writes.
By Kenneth A. Rosen • Jan. 25, 2024 -
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36% of companies plan to raise pay in 2024 amid tight labor market: BDO
Although the job market has shown signs of cooling in recent quarters, CFOs aim to increase compensation this year to attract and retain employees.
By Jim Tyson • Jan. 25, 2024 -
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76% of companies link pay to ESG performance in rising trend: WTW
The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.
By Jim Tyson • Jan. 24, 2024
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