AI, fake CFOs drive soaring corporate payment-fraud attacks

Generative AI tools like ChatGPT are making it easier for scammers to create bogus texts and emails as well as deep-fake voices at scale.

By Alexei Alexis • Jan. 23, 2024

Recession odds fall below 50% amid rising sales, profits: NABE survey

The mix of slowing inflation and cooling demand has prompted many economists to abandon forecasts for a decline in gross domestic product in 2024.

By Jim Tyson • Jan. 22, 2024

Explore the Trendline➔

Top 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

‘Little evidence’ remote work harms productivity: San Francisco Fed

After surging during the worst of the pandemic, remote work has declined to 30% of paid workdays, according to research by the San Francisco Fed.

By Jim Tyson • Jan. 19, 2024

Audit committees in 2024 face rising tax, AI, regulatory challenges: EY

A barrage of business risks may intensify this year, and audit committees need to help C-suite executives limit potential losses and seize opportunities, EY said.

By Jim Tyson • Jan. 18, 2024

Retail sales exceed forecasts, highlighting steady consumer-fueled growth

Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending. 

By Jim Tyson • Jan. 17, 2024

CEOs see ballooning federal debt as biggest business threat: Conference Board

Congressional leaders wrangle over federal spending and struggle to avert a government shutdown as business leaders fret over the worsening fiscal outlook.

By Jim Tyson • Jan. 16, 2024

Inflation inches up, signaling prospect of extended Fed inflation fight

The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.

By Jim Tyson • Jan. 11, 2024

Economic growth will slow to 1.6% in 2024 as high rates bite: World Bank

The most restrictive monetary policy in 40 years will weigh on growth but probably not trigger a downturn this year and in 2025, the World Bank said.

By Jim Tyson • Jan. 10, 2024

Seeking ‘Goldilocks’: 5 CFO trends for 2024

Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions.

By Jim Tyson • Jan. 9, 2024

2024 tech events for CFOs

CFO Dive compiled a list of tech-related events for finance leaders, touching on topics such as digital transformation, AI and cybersecurity.

By Alexei Alexis • Jan. 9, 2024

Firms still scrambling over SEC cyber rules: poll

Grant Thornton found that many companies have taken steps to comply with the new rules, “but some still have work to do.”

By Alexei Alexis • Jan. 9, 2024

Deloitte rolls out in-house generative AI platform for coding, researching

Around 75,000 employees are beginning to use PairD to assist with daily tasks. The firm expects a total of 100,000 workers will gain access to it in the next six months.

By Lindsey Wilkinson • Jan. 8, 2024

CFO optimism rises on outlook for 2024 economy: Fed

Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

By Jim Tyson • Jan. 2, 2024

First American Financial confirms threat actors stole and encrypted data

The title insurance giant said the cyberattack is contained, but it is still working to determine whether the incident will have a material impact.

By David Jones • Jan. 2, 2024

2024 is ‘all about the Fed,’ U.S. Bank exec says

With 2023 drawing to a close, all eyes are remaining on the Federal Reserve and its inflation strategies for 2024, U.S. Bank’s Stephen Philipson said.

By Grace Noto • Dec. 21, 2023

IPOs rise on prospect of Fed interest rate cuts: EY

High-profile IPOs in September by companies including Arm Holdings and Instacart renewed C-suite and investor interest in the market.

By Jim Tyson • Dec. 19, 2023

Firms advised to prepare for tough enforcement of SEC cyber rules

Effective Monday, public companies other than small reporting businesses will now be required to comply with the SEC’s new breach disclosure mandates. 

By Alexei Alexis • Dec. 19, 2023

AI’s quest to transform corporate finance meets hurdles

While finance leaders widely view artificial intelligence as a game-changer, some are nervous about the risks of adoption, according to a OneStream poll.

By Alexei Alexis • Dec. 19, 2023

US regulators flag commercial real estate as a leading risk in 2024

“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

By Jim Tyson • Dec. 18, 2023

Kraft Heinz probes ransomware attack claim

The food and beverage company attributed the potential attack to a decommissioned marketing site and said internal systems are operating normally.

By Matt Kapko • Dec. 15, 2023

Small businesses limp toward 2024 with gloomier outlook, surveys show

Confidence among CEOs and economists in the prospects for the economy is not shared by small businesses.

By Jim Tyson • Dec. 14, 2023

3 tips for SEC cyber rule stragglers

With breach reporting enforcement set to begin in just days, stragglers should be treating readiness as a “super-high priority,” says Deloitte’s Daniel Soo.

By Alexei Alexis • Dec. 14, 2023

Fed holds main rate steady, signals deeper cuts to borrowing costs in 2024

Policymakers paused monetary tightening for the third consecutive meeting as traders in interest rate futures bet the Fed will begin easing in the spring.

By Jim Tyson • Dec. 13, 2023

Core inflation edges up, spotlighting Fed’s bumpy path to stable prices

Traders in interest rate futures shook off the core CPI data, predicting that the Fed will leave the main interest rate unchanged on Wednesday after a two-day meeting.

By Jim Tyson • Dec. 12, 2023

Cybersecurity pressures stretch CFOs

CFOs are bracing for new SEC cybersecurity rules set to kick in this month as the regulator is already signaling an aggressive enforcement posture.

By Alexei Alexis • Dec. 12, 2023