Powell signals Fed likely to forgo rate hike on Nov. 1

After rapidly hiking rates to a 22-year high, policymakers aim to finely tune monetary policy and curb inflation to 2% without triggering a downturn. 

By Jim Tyson • Oct. 19, 2023

Consumers plan to sustain robust spending: Fed economists

Unexpectedly high consumer spending this year followed a 37% leap in household median wealth between 2019 and 2022, according to the Fed.

By Jim Tyson • Oct. 18, 2023

Explore the Trendline➔

CFO best practices in the evolving generative AI era

As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

By CFO Dive staff

US accounting degree graduates plunge 7.4%

Students snub accounting for reasons ranging from comparatively low pay to tough requirements for certification, according to financial executives.

By Jim Tyson • Oct. 17, 2023

Procurement must adapt to era of ‘sudden upheavals’: McKinsey

Even as supply chain disruptions wane, companies should adjust procurement to a period of volatile prices and global strife, McKinsey said.

By Jim Tyson • Oct. 16, 2023

How UiPath kept its finance team lean as it scaled up

The goal is to increase team productivity through automation tools, but “doing more with less” might motivate some companies using the technology, CFO Ashim Gupta says.

By Suman Bhattacharyya • Oct. 13, 2023

Inflation persists above 2%, defying Fed

Core inflation sped up during the past two months, underscoring the central bank’s challenge of restoring price stability.

By Jim Tyson • Oct. 12, 2023

Balancing privacy concerns with internal investigations

It’s possible to respect employees’ desire to wall off personal data from collection while ensuring the company can check every place relevant information might be.

By Robert Freedman • Oct. 12, 2023

Inflation, worker scarcity slam small business confidence: NFIB

Optimism among small businesses has flagged even as economic growth this year has exceeded expectations.

By Jim Tyson • Oct. 11, 2023

Fed’s Waller pushes back on criticism of FedNow’s adoption rate

“We have got more in the pipeline and there are various estimates that could range from 250 to 350 by the end of the year, and they just continue to grow as banks do it,” the central bank governor said.

By Rajashree Chakravarty • Oct. 11, 2023

Fed Vice Chair Jefferson flags tightening from rising bond yields

Financing costs may have risen in recent weeks as investors upgrade their expectations for economic growth or alter their view of underlying risks, Jefferson said.

By Jim Tyson • Oct. 9, 2023

BlackRock creates net-zero investment after axing pair of ESG funds

The asset management firm has shifted resources to climate-specific funds after the SEC updated the “Names Rule” to increase accountability on ESG funds.

By Lamar Johnson • Oct. 9, 2023

Bringing it home: The three A’s and the return of American manufacturing

Since reshoring is the “new normal,” mastering the Three A’s is essential.

Oct. 9, 2023

Smart corporate investing: Reduce tax bills with Investment Tax Credit transfers

The Inflation Reduction Act created a new option: Investment tax credit (ITC) transfers. With an ITC transfer, renewable energy developers sell their ITCs to taxpaying corporations. The developer receives cash immediately, and the corporation earns a locked-in profit by buying at a discount to par.

Oct. 9, 2023

Hiring soars, validating Fed’s ‘higher for longer’ path

The yield on the benchmark 10-year Treasury note surged after the September payrolls report on expectations of strong economic growth.

By Jim Tyson • Oct. 6, 2023

‘Sticky’ office rents still burden SMBs

While rents have resisted deflation, the broader drop in demand for office space gives tenants negotiating power, Capterra’s Max Lillard says.

By Maura Webber Sadovi • Oct. 6, 2023

84% of CFOs wrestle with talent crunch

Accounting ranked as the top finance function struggling with talent shortages, amid high turnover and dwindling new entrants.

By Alexei Alexis • Oct. 5, 2023

Improve D&O coverage while market is soft, broker says

Insurers are prepared to give on terms and pricing going into 2024, according to a Woodruff Sawyer survey.

By Robert Freedman • Oct. 4, 2023

US IPOs rise 20% YTD yet lag 2021 pace

IPO investors worldwide have become especially selective as central banks push up interest rates, raising the cost of capital, EY said.

By Jim Tyson • Oct. 2, 2023

How to succeed during economic downturns

How can the finance department help the enterprise reconsider the role of external operations and the supply chain in supporting their bottom line?

Oct. 2, 2023

The two emerging defined benefit camps

Depending on the camp your organization is in, it’s important to consider why and what you will do to ensure success.

Oct. 2, 2023

CFOs worry most about rate hikes: Fed survey

While vexed by high borrowing costs, top financial executives see revenues rising next year and the economic landscape brightening.

By Jim Tyson • Sept. 29, 2023

75% of companies unprepared for coming ESG audits: KPMG

As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

By Jim Tyson • Sept. 26, 2023

Half of digital transformation investments fail: KPMG

Success requires collaboration among key stakeholders, including the CFO, who can help ensure a “clear line of sight” toward achieving a return on investment, says KPMG’s Atif Zaim.

By Alexei Alexis • Sept. 26, 2023

Employers to slow gain in salary budgets to 3.9% in 2024

The increase in inflation-adjusted wages has steadily declined since June along with many measures of overall price pressures.

By Jim Tyson • Sept. 25, 2023

The data imperative: Conquering predictive and prescriptive analytics

CFOs play a pivotal role in maturing data analytics, but barriers persist. Learn the keys to transitioning from hindsight to foresight across your organization.

Sept. 25, 2023