The Latest

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    CFOs need to hone tech, AI ‘fluency,’ Deloitte’s Glover says

    CFOs need to have a closer relationship with tech and IT leaders than ever before to craft forward-facing strategies, Deloitte’s James Glover said.

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    Macy’s taps new CFO months after $151M accounting error disclosure

    The department-store chain on Tuesday said Thomas J. Edwards of Capri Holdings will join the company in June, succeeding Adrian Mitchell as CFO and COO.

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    US manufacturing output, employment fall as tariffs fuel higher prices

    “Newly implemented tariffs are significantly impacting gross profits,” the Institute for Supply Management quoted an unidentified survey panelist as saying.

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    Just Salad ex-CFO missed out on $1.2M, lawsuit claims

    The former finance chief is seeking $1.2 million in funds he claims he’s owed relating to a separation agreement, as well as $5 million in damages.

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    Vendors crowd CFO software market amid AI boom

    More than 300 tech companies are currently in the fast-growing “office of the CFO software market,” according to venture capital firm Norwest.

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    Enterprises beef up cybersecurity plans to mitigate AI risks

    More than 2 in 5 leaders say they’ve strengthened practices to curb increased threats, misuse and other vulnerabilities tied to using the technology.

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    FTC chief flags data privacy concerns in 23andMe bankruptcy

    The company filed for bankruptcy after financial challenges over the past few years and a massive data breach in 2023.

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    Consumer spending during Q1 shrinks for first time since pandemic

    “Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods spending later this year,” the Conference Board said.

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    CFO turnover reaches six-year high: Russell Reynolds

    Rising retirement rates contributed to growing turnover, with 54% of outgoing CFOs either retiring or moving exclusively to board positions, the firm said.

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    Former U.S. Bank CFO dead in plane crash

    CEO Andy Cecere confirmed in a Monday memo to employees that Terry Dolan, the lender's chief administration officer who previously served as finance chief, died in a plane crash Saturday.

    Updated March 31, 2025
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    Tariffs, volatility stoke G&A cost cut pressure, Bain exec says

    Amid rising pressures from tariffs, market volatility and the renewed threat of a slowdown, executives are once again doubling down on cutting general and administrative costs.  

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    Rising prices, weak consumer spending spotlight ‘stagflation’ risk

    Public- and private-sector economists have flagged inflation risks and marked down estimates for economic growth this year, warning of the potential harm from tariffs.

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    Those return-to-office plans? CFOs aren’t all in.

    Five years after the COVID-19 pandemic amplified remote work’s possibilities, worker bees aren't the only ones resisting the return-to-office call.

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    SEC withdraws defense of climate-risk disclosure rule

    The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle it.

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    Forter taps new CFO, CPO ahead of growth push

    Splunk alum Jim Lejeal will join Square veteran Cyndy Lobb at Forter as the platform looks to boost its revenue amid a widening spotlight on digital payment security.

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    Trump’s SEC nominee faces scrutiny on potential conflicts of interest

    Paul Atkins said in a recent letter that if confirmed as SEC chair he would resign as chief executive of a consulting firm that has served digital asset companies.

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    Deutsche Bank picks Morgan Stanley vet for CFO

    Raja Akram, Morgan Stanley’s deputy CFO since 2020, will succeed James von Moltke, who has held Germany’s largest bank’s finance reins for eight years.

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    SEC should avoid ‘overly prescriptive’ AI rules, acting chair says

    The comments follow actions taken by President Donald Trump that have upended the federal approach to AI policy, according to analysts.

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    Tesorio launches AI agent to ease invoice bottlenecks

    Dubbed the "Supplier Portals Agent," the fintech's new offering targets invoice submission pain points in order to free up finance teams for more value-added tasks.

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    US will charge 25% tariffs on foreign-made cars

    The increased duties will go into effect April 2, President Donald Trump said Wednesday.

    Updated March 26, 2025
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    Wild changes unlikely at FTC with Democrats fired, former chair says

    The FTC is now operating with with just two commissioners, both Republicans. Trump has been accused of illegally firing two Democrats without cause.

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    Utah becomes third state to put new CPA licensure paths on the books

    So far this year Utah, Virginia and Ohio have all adopted laws offering new routes to CPA licensure that don’t require 150 hours of college credit. 

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    Ex-Tesla CFO leads $16.5M Series A for startup Jolly

    Zach Kirkhorn previously served as Tesla’s CFO or “Master of Coin” for four years, before departing from the company in 2023 — with a $590 million net worth.

  • A mall parking lot in South Portland, Maine, is mostly devoid of cars as the COVID-19 pandemic forces most retailers to close.
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    Daphne Howland/CFO Dive
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    5 years after pandemic lockdowns, is retail back to normal?

    Stores are open, inventory is flowing and inflation is down. But today’s uncertainty and destabilization are making consumers anxious.

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    Consumer expectations for future plunge to 12-year low on tariff anxiety

    Pessimism about price pressures rose, with expectations for inflation in 12 months increasing to 6.2% this month from 5.8% in February, the Conference Board said.