Treasury: Page

Fed pauses tightening while raising end-of-year rate projection

Before its next meeting in late July, the central bank plans to assess the impact from the most aggressive monetary tightening in four decades.

By Jim Tyson • June 14, 2023

Inflation cools, increasing odds of pause in Fed rate hikes

Traders in interest-rate futures predict the Fed on Wednesday will forgo a rate increase, postponing a further tightening until late July.

By Jim Tyson • June 13, 2023

IRS waives penalty tied to new 15% corporate minimum tax

Companies have an extra year to determine their liability under the complex minimum tax signed into law last year.

By Jim Tyson • June 8, 2023

Contrarian investors keep office sale-leaseback market ‘open’

While office vacancies have soared due to the rise of hybrid work, office sale leaseback transactions ticked up to comprise 10% of the total sale leaseback transactions in the first quarter.

By Maura Webber Sadovi • June 6, 2023

Tight credit to trigger recession in final half of 2023: Moody’s

The U.S. service sector stalled last month, the Institute for Supply Management said Monday, adding to signs of a potential downturn in the months ahead.

By Jim Tyson • June 5, 2023

Strong hiring blurs Fed’s signal of pause in rate hikes

Robust payroll growth in May shows that the central bank, as part of its effort to curb inflation, has made limited progress in cooling the labor market.

By Jim Tyson • June 2, 2023

FASB tax disclosure plan draws fire

Some heated feedback elicited by the proposed new tax disclosure requirements suggests the road to consensus might still be rocky.

By Maura Webber Sadovi • June 1, 2023

Visibility is key for protecting cash flow, Trovata CEO says

A new treasury platform is using ChatGPT technology to give finance chiefs higher visibility into their cash flow.

By Elizabeth Flood • May 30, 2023

Most small businesses worry about credit squeeze: Goldman

Inflation last month persisted at more than twice the Federal Reserve’s 2% target, raising the possibility that policymakers may raise borrowing costs again next month.

By Jim Tyson • May 26, 2023

Fed officials disagreed on need to raise rates in June

Financial markets signal expectations that the Fed will reverse course and begin to trim borrowing costs as early as September.

By Jim Tyson • May 24, 2023

Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae

The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.

By Jim Tyson • May 19, 2023

Salaries for financial professionals rise 5% yet lag inflation

CFOs in January gained a 4.2% increase in base salary, on average, compared with their pay 12 months before.

By Chris Gaetano • May 18, 2023

M&A falters despite ‘heavily discounted prices’: PitchBook

Deals valued at below $100 million accounted for a record proportion of M&A transactions during the first quarter.

By Jim Tyson • May 17, 2023

SEC fines 10 microcaps for flawed stock offerings

The SEC sanctioned small companies that failed to follow rules under Regulation A, which offers early-stage businesses a low-cost way to raise capital.

By Jim Tyson • May 16, 2023

Beyond Meat CFO plans turnaround as revenue falls

The maker of plant-based meat reported a 15.7% year-over-year revenue drop as inflation and shrinking demand weighs heavily on the sector.

By Suman Bhattacharyya • May 11, 2023

Inflation eases yet persists at more than twice Fed target

Core inflation, which excludes food and energy prices, remains high despite 10 consecutive increases in the federal funds rate since March 2022.

By Jim Tyson • May 10, 2023

Small business optimism, spending plans slump: NFIB

A pullback in credit is prompting owners of small businesses to scale back plans for capital expenditures during the next six months.

By Jim Tyson • May 9, 2023

Banks expect to tighten credit throughout 2023: Fed

A pullback in bank credit that began in 2022 has accelerated since a flare-up in financial sector instability started in March.

By Jim Tyson • May 8, 2023

Robust hiring persists despite credit tightening

Unemployment remains unusually low even though the Federal Reserve has sought to curb inflation and trim growth by raising the main interest rate to the highest level since 2007.

By Jim Tyson • May 5, 2023

KPMG’s Stöckle on auditing’s ‘human-machine’ connection

Despite recent technological advances transforming auditing processes, KPMG’s Sebastian Stöckle says people will always play key roles.

By Maura Webber Sadovi • May 4, 2023

Fed hikes main rate while ‘highly attentive to inflation risks’

The central bank increased borrowing costs even though the failure of First Republic Bank has rekindled concerns about banking system instability.

By Jim Tyson • May 3, 2023

Fed mulls rate hike as wage gains beat forecasts, fuel inflation

Compensation by one measure is rising at the fastest pace since 2008, stoking expectations that policymakers on Wednesday will further increase borrowing costs to quash inflation.

By Jim Tyson • May 2, 2023

Small businesses upbeat about surviving recession: BofA

Robust consumer spending buoyed economic growth during the first quarter amid widespread forecasts of recession.

By Jim Tyson • April 27, 2023

Toys ‘R’ Us specter looms over Bed Bath & Beyond

The home-goods retailer’s mixed signals remind some of Toys “R” Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.

By Maura Webber Sadovi • April 27, 2023

Hiring slows, signaling recession risk: NABE

Economists are evenly split on whether the U.S. will fall into recession within the next 12 months, NABE found in a survey.

By Jim Tyson • April 24, 2023