The Latest
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Southwest to cut 15% of leadership staff ahead of CFO shift
The “unprecedented” layoffs of senior and corporate leaders come as Breeze Airways alum Tom Doxey gears up to take Southwest’s CFO seat.
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Meta, Microsoft, Workday join latest wave of tech layoffs
While 62% of tech CFOs surveyed plan job cuts, all said their organizations will probably expand overall headcount this year, according to a BDO study.
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Khanchit Khirisutchalual
Opinion3 CFO tips for navigating ERP migration challenges
Initial productivity dips may be unavoidable during the transition, but the right strategies can minimize disruption, writes insightsoftware’s Lee An Schommer.
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Inflation will fall to 2% by mid-2026 barring Trump tariff harm: study
As price pressures gradually ease, the U.S. economy will likely expand 2.3% this year and 1.8% next year, according to the Conference Board.
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Pathward CFO: Pulling back the strategic curtain
Building a strong talent foundation is key to successfully executing one's business strategy, Pathward CFO Greg Sigrist said.
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Andrew Harnik via Getty Images
Trump orders reciprocal tariffs on all countries
“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.
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C-suite at odds over responsibility, innovation as AI tools mature
Leaders agree there's a significant gap between innovation and safety as a global debate over the technology's regulation plays out.
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Bo Shen via Getty Images
Super Micro says DOJ, SEC subpoenaed documents
The AI server maker’s accounting has drawn scrutiny in the wake of a highly critical report on the company from the now-defunct short-seller Hindenburg Research.
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Scott Olson via Getty Images
Inflation heats up to 3% as Trump calls on Fed to cut main rate
The unexpected rise in price pressures prompted futures traders to increase the odds that the Federal Reserve will hold the benchmark rate at its current range beyond May.
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gorodenkoff via Getty Images
OneStream sees high demand despite ‘near-term headwinds’
“If there’s a growing sense of uncertainty [among CFOs], we’re probably going to feel it a little bit first,” said Tom Shea, the finance software maker’s CEO.
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Kroger taps PepsiCo alum as next CFO
The appointment comes two months after Kroger’s $25 billion merger with Albertsons was blocked by an Oregon District Court judge.
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Powell says Fed need not hurry to cut main rate, GDP growth ‘solid’
Monetary policy is “well positioned” to handle any rebound in price pressures or weakening in the labor market, Fed Chair Jerome Powell said.
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Southwest appoints Breeze Airways alum to CFO chair
The new CFO joins the budget-friendly airline as it aims to realize $500 million in cost savings while facing inflationary pressures and challenges to its fleet capacity.
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Joe Raedle via Getty Images
Trump tags steel, aluminum imports with 25% tariffs
The new duties build on actions from the president's first term while axing exemptions and product exclusions.
Updated Feb. 11, 2025 -
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DeepSeek’s lower-cost AI model could supercharge adoption, use cases: Goldman Sachs
The Chinese startup’s offering could trigger what economists call the Jevons paradox, by removing the barrier to entry to implementing the new technology, one panelist said.
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Warehouse automation market set for slow recovery this year
It’s still “a bit too early to tell” how President Trump’s tariff plans might impact the struggling market, an analyst said.
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Global tax deal awaits US ask, KPMG exec says
KPMG’s global tax leader Grant Wardell-Johnson views President Trump’s decision to exit the global tax deal as a broad opening salvo that could lead to negotiations.
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Courtesy of Port of Los Angeles
Trump tariffs to stoke inflation in 2025: corporate economists
The gain in the Federal Reserve’s preferred inflation measure will probably average nearly 2.7% during the four quarters starting in April, according to economists surveyed by Wolters Kluwer.
Updated Feb. 11, 2025 -
Jirapong Manustrong via Getty Images
Strategic CFOs must build ‘complementary’ finance teams: Gartner
For CFOs to meet their strategic goals, they must think differently about the skills they need in the finance function.
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Generative AI fueled $60B boost in enterprise cloud spend last year
“The technology might be expensive, but it is creating new services that are bringing in tens of billions of dollars for the cloud providers,” Synergy Research Group Chief Analyst John Dinsdale said.
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Andrew Harnik via Getty Images
CFPB’s future hangs in the balance after a wild weekend
Headquarters-based staff will work remotely this week after a new acting chief halted agency supervision and enforcement and told the Fed he wouldn't take any unappropriated funding next quarter.
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Courtesy of American Honda Motor Co.
Jobless rate falls, bolstering bets Fed will next cut main rate in June
Employment gains for November and December were revised up in total by 100,000, the Labor Department said.
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Justin Sullivan via Getty Images
Tesla CFO, board members offload millions in stock
The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.
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Scott Olson via Getty Images
Finance job hunt essentials: Soft skills, tailored resumes and social media
With the “great stay” period leaving more workers feeling stuck, it’s important for job hunters to use a range of tools to seize any employment opportunities that do emerge.
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Sundry Photography via Getty Images
Salesforce director named chief of operations, finance
The software giant is among a growing list of companies that have decided to merge the CFO and COO roles.
