Biden signs legislation preventing rail strike, lockout

The president said the law avoids “what, without a doubt, would have been an economic catastrophe at a very bad time in the calendar.”

By Sarah Zimmerman • Dec. 2, 2022

Tyson CFO pleads not guilty to criminal trespass, intoxication charges: reports

Tyson Foods has drawn criticism from some corporate governance experts who have said the company should have taken a more aggressive stance on the arrest of its newly-minted CFO.

By Elizabeth Flood • Dec. 1, 2022

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Nearly half of employees surveyed have side hustles: Workhuman

Many employees are taking on side hustles, with nearly half of workers recently surveyed citing economic uncertainties as a factor in their decisions, according to Workhuman.

By Elizabeth Flood • Dec. 1, 2022

Many CFOs are paralyzed by decision volume: Accenture

An expanding scope of responsibilities — which require finance chiefs to have cross-disciplinary expertise — is slowing decision making, according to an Accenture study.

By Suman Bhattacharyya • Dec. 1, 2022

Fed’s Powell signals slower rate increases

The Fed will likely raise the federal funds rate in lower increments as it assesses the impact from the most aggressive withdrawal of monetary stimulus since the 1980s.

By Jim Tyson • Nov. 30, 2022

FASB targets improved income-tax transparency

FASB is considering more stringent standards that would require companies to disclose income taxes paid to federal, state and foreign entities.

By Maura Webber Sadovi • Nov. 30, 2022

Foot Locker hunts for new CFO amid exec shakeup

Finance chief Andrew Page departs the retailer as Foot Locker appoints new COO and CHRO.

By Elizabeth Flood • Nov. 30, 2022

Internal audit leaders flag cyberattacks as top 2023 risk: ManpowerGroup

Chief audit executives struggle to fend off ransomware attacks as the tight labor market leaves them understaffed.

By Jim Tyson • Nov. 29, 2022

Vail Resorts appoints company alum to CFO seat

Angela Korch left Vail Resorts just over two years ago to become CFO of CorePower Yoga. She is returning to take the ski resort operator’s finance helm.

By Elizabeth Flood • Nov. 29, 2022

Auto, manufacturing could be next in line for layoffs, IMA CFO says

Between rising interest rates and global supply chain issues, the manufacturing and automobile industries may be next in line for workforce cuts.

By Elizabeth Flood • Nov. 28, 2022

SEC charges Goldman Sachs with ESG policy failures

The Securities and Exchange Commission has pledged to crack down on companies involved in finance and other sectors that overstate their commitment to sustainability, or so-called greenwashing.

By Maura Webber Sadovi • Nov. 23, 2022

Geopolitical tensions to continue shaping 2023 economy: S&P Global

Unresolved global conflicts and likely recessions in several markets will shape economic policies in 2023, a survey said.

By Elizabeth Flood • Nov. 23, 2022

‘Inflation may have peaked’ as economy slumps: Fannie Mae

The U.S. economy will likely shrink during this quarter and most of 2023 as the Federal Reserve cools demand and curbs inflation, Fannie Mae said.

By Jim Tyson • Nov. 22, 2022

Labor market rebalancing will require job loss: Fitch

The job openings rate will likely decline from the current rate of 6.5% to 5.2% by 2024, reducing job openings by 2.1 million, according to Fitch Ratings.

By Elizabeth Flood • Nov. 22, 2022

Holiday clues appear in October retail sales

Consumers will be relying on credit cards, their savings and heavy discounts in what is shaping up to be an uncertain season for retailers.

By Daphne Howland • Nov. 22, 2022

CFO stressors: Four cures for inflation fever

CFOs have seized on ways to shield profits against the worst price pressures in nearly 40 years.

By Jim Tyson • Nov. 21, 2022

AICPA seeks to ease talent ‘crunch’

The Registered Apprenticeship for Finance Business Partners Program aims to help CFOs by expanding the pool of talent available for long-term employment.

By Elizabeth Flood • Nov. 21, 2022

Suppliers get break from extended terms as tables turn

The go-to cash management strategy of extending payment terms is running out of steam. Suppliers are taking back control.

By Ramona Dzinkowski • Nov. 21, 2022

Lease abandonments trigger accounting questions

Companies are wrestling with the accounting implications of shrinking their real estate footprints. It’s not as simple as moving out and moving on.

By Maura Webber Sadovi • Nov. 18, 2022

U.S. will ‘narrowly avoid recession’: Goldman Sachs

The Federal Reserve will slow the pace of tightening next month and early next year but not cut the federal funds rate until Q2 2024, Goldman Sachs predicted.

By Jim Tyson • Nov. 18, 2022

Companies boost 2023 salary budgets to 20-year high: WTW

U.S. companies — reacting to persistent inflationary and labor market pressures — are ratcheting up the targeted average pay raise they expect to hand out next year to 4.6%. 

By Maura Webber Sadovi • Nov. 17, 2022

Tech execs see growth opportunities in economic downturn: EY

Half of executives in the technology sector see a potential recession as a time to implement growth strategies.

By Elizabeth Flood • Nov. 17, 2022

Scotts Miracle-Gro CFO gets $1.45M signing bonus

A record number of initial public offerings last year reduced the supply of CFO talent, giving seasoned executives such as Matthew Garth leverage in job negotiations.

By Maura Webber Sadovi • Nov. 16, 2022

Most auditors pessimistic about economy: CAQ

Inflation ranks as the top threat to U.S. companies in the coming months, according to auditors surveyed by the Center for Audit Quality.

By Jim Tyson • Nov. 16, 2022

Graham’s new Leaf Group CFO eyes growth

Ross Landsbaum left Therabody to take the CFO seat at Leaf Group, which has been vacant since June 2021.

By Elizabeth Flood • Nov. 16, 2022