Strategy & Operations
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Powell says solid economy gives Fed time to mull rate cut pace
Powell’s comments align with those of other Fed officials in recent days who backed a cautious approach to future reductions in borrowing costs.
By Jim Tyson • Dec. 4, 2024 -
Racial diversity falling among new corporate directors: Conference Board
The Securities and Exchange Commission is considering recommending a rule requiring companies to disclose more about diversity on their boards.
By Jim Tyson • Dec. 3, 2024 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
By Davide Savenije • Dec. 3, 2024 -
Inside T. Rowe Price’s AI-driven spend transformation
Steps to overhaul the company’s spending approach have resulted in cost savings of more than $40 million, according to procurement chief Harold Wu.
By Alexei Alexis • Dec. 3, 2024 -
US manufacturing shrinks for eighth straight month: ISM
Some concerns about federal policy have eased since the November election, giving C-suite executives firmer footing as they complete business strategies for 2025.
By Jim Tyson • Dec. 2, 2024 -
Inflation accelerates as Fed officials view easing with caution
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target later than expected.
By Jim Tyson • Nov. 27, 2024 -
Top takeaways from 2024 MIT Sloan CFO conference
Many finance leaders at this year’s MIT Sloan CFO conference seemed buoyed by recent rate cuts and the prospect of a more business-friendly climate in the offing.
By Maura Webber Sadovi • Nov. 26, 2024 -
AI rush is fueling tech debt ‘tsunami’: Forrester
The research highlights the growing challenges faced by businesses as they scramble to adopt AI and avoid falling behind competitors.
By Alexei Alexis • Nov. 26, 2024 -
Intuit rolls out AI QuickBooks enhancements as CEO eyes AI agents
The upgrades to QuickBooks come as the firm targets AI agents that could potentially replace CFOs and other executives in the C-suite, the CEO said.
By Suman Bhattacharyya • Nov. 25, 2024 -
Rise in US health benefit costs to accelerate to 10.2% next year: WTW
More than half of employers plan to trim health care costs by implementing strategies such as pharmacy benefit management, WTW said.
By Jim Tyson • Nov. 22, 2024 -
Climate protesters disrupt Saudi Aramco CFO talk at MIT conference
Saudi Aramco CFO Ziad Al-Murshed’s talk ended abruptly Thursday after climate protesters took the stage at the MIT Sloan CFO Summit in suburban Boston.
By Maura Webber Sadovi • Nov. 22, 2024 -
CFOs zero in on AI ‘auditability’ for 2025: Visual Lease
CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.
By Grace Noto • Nov. 21, 2024 -
KPMG to invest $100M in Google Cloud effort
The move expands an existing alliance as KPMG looks to bolster its consulting services, including by developing advanced generative AI agents.
By Alexei Alexis • Nov. 21, 2024 -
3 CFO steps for finding opportunity in geopolitical instability: McKinsey
The financial and political order built after World War II faces mounting challenges to the flow of goods, capital and services and outright conflicts in the Middle East and Ukraine.
By Jim Tyson • Nov. 19, 2024 -
Spirit Airlines cleared $5.4M in retention awards before bankruptcy
The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.
By Maura Webber Sadovi • Nov. 19, 2024 -
C-suites vie for shrinking pool of experienced CFOs: Russell Reynolds
There’s a growing “agnosticism” surrounding the age of finance chiefs as the supply of experienced CFOs grows more constricted, Russell Reynolds’ Jenna Fisher said.
By Grace Noto • Nov. 19, 2024 -
Audit committees expand oversight to ESG, cybersecurity, AI: EY
Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.
By Jim Tyson • Nov. 18, 2024 -
Spirit CFO says post-pandemic airline sector is ‘unrecognizable’
Budget carriers like bankrupt Spirit Airlines have been “disproportionately” affected by industry headwinds as they rely on “much slimmer margins,” CFO Fred Cromer writes.
By Maura Webber Sadovi • Nov. 18, 2024 -
Sponsored by Zoho
Maximizing ROI on corporate travel: A CFO’s perspective
CFOs are crucial in managing business travel costs but how do they ensure maximum ROI? Read it here.
Nov. 18, 2024 -
Retail sales rise in hint of cheer for holiday consumer spending
Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will cut the main interest rate by a quarter point at its December meeting.
By Jim Tyson • Nov. 15, 2024 -
How Trump 2.0 could revamp tax policy
Businesses need to prepare for potentially “fast moving” changes to tax policy as questions swirl around President-elect Trump’s plans, EY’s Martin Fiore said.
By Maura Webber Sadovi • Nov. 15, 2024 -
Economists predict above-trend economic growth in 2025: Wolters Kluwer
Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of recession in the next 12 months.
By Jim Tyson • Nov. 14, 2024 -
Federal watchdog flags restrictive licensing practices in cloud
The U.S. Government Accountability Office uncovered vendor management processes across several federal agencies that led to cost overruns.
By Matt Ashare • Nov. 14, 2024 -
Inflation edges up, highlighting Fed’s bumpy path to stable prices
Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.
By Jim Tyson • Nov. 13, 2024 -
Small business optimism rose before election despite uncertainty: NFIB
Nine out of the 10 factors that determine the NFIB’s optimism index increased last month, including the outlook for business conditions.
By Jim Tyson • Nov. 12, 2024