KPMG revives bid for SVB complaint dismissal

In June a California judge denied motions to dismiss claims in a class action suit against SVB Financial Group’s former CFO, CEO, directors and auditor.

CFOs should eye ‘opportunistic’ approach to M&A: Wiss

When it comes to M&A, CFOs today need to allow themselves space to “lose a little money in the short-term,” knowing it will put them on better footing for the long-term, Wiss’s Bill Haemmerle said.

Consumer confidence inches up despite signs of weakening labor market

Indications of a cooling job market recently prompted Federal Reserve officials to voice openness toward cutting borrowing costs at a monetary policy meeting that ends Wednesday.

Trump AI plan allows wide room for denying funds to states

The plan is silent on how the administration will define “burdensome” state AI rules for the purpose of withholding federal funds.

AI spending above $10M jumps as agentic tools grab spotlight

Nearly three-quarters of senior leaders believe that entire business units will one day be managed by agentic AI, EY researchers found.

Microsoft says H-1B visas, layoffs ‘in no way’ related

Scrutiny of the tech giant’s use of the visa program comes at the end of a month in which the company announced deep job cuts. 

27% of US companies plan to delay hiring or investment: NABE survey

“Their uncertainty may be holding businesses in a neutral state,” Cotality Chief Economist Selma Hepp said.

US, EU agree to lower tariffs in ‘framework’ deal

Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.

CFOs face surging trade compliance costs under Trump’s high tariffs: Fed

Much of the new regulatory cost from higher tariffs stems from greater complexity in determining the national source of a product, according to the Federal Reserve.

Businesses get more predictable tax runway: EY

Many companies are still “running the numbers” to determine how Trump’s budget will effect their bottom line, but it ushers in a period of “relative tax certainty,” EY’s Adam Francis says.

SEC declines to confirm whether climate disclosure rule will be upheld if it survives litigation

The agency told an appeals court it “does not intend to review or reconsider” the rule but did not confirm whether it would enforce it if legal challenges against the rule fail.

Musk warns of ‘rough’ quarters ahead amid Tesla revenue slump

CFO Vaibhav Taneja highlighted “near-term challenges” due to regulatory and tariff impacts, as the EV maker reported a 12% slide in revenue for its second quarter.

FASB advances GAAP codification refresh

More than 30 accounting rule updates were affirmed by the U.S. standard setter Wednesday as part of a broad refresh of the codification that underpins GAAP. 

Alphabet CFO reports spike in operating costs after $1.4B Texas settlement

Alphabet’s total operating expenses jumped 20% during the second quarter, driven largely by legal costs, CFO Anat Ashkenazi said.

What to know about the $7.25 minimum wage

This week marks the 16th anniversary of the federal minimum wage’s last increase.

GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact

Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.  

Gainesville Mayor braces for another DOGE-style review

Mayor Harvey Ward will cooperate with the state’s planned audit of the city’s spending, he said, but he “stands by” the city government’s efficiency.

PCAOB slams Hong Kong auditor of Luckin Coffee

Luckin Coffee hired the Hong Kong-based auditing firm soon after settling fraud charges brought by the Securities and Exchange Commission in 2020.

Trump releases AI action plan targeting regulatory ‘red tape’

The plan states that AI-related federal funding should not go to states with burdensome rules on the technology.

Updated July 24, 2025

Trump’s tariffs: Tracking the status of international trade actions

The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.

Updated July 23, 2025

GENIUS Act leaves stablecoin accounting, risk gaps

The GENIUS Act opens the door for greater stablecoin adoption — but it still leaves crucial accounting and compliance questions left unanswered for CFOs.

Tracking CPA licensure paths: Removing the 150-hour-rule hurdle

State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.

Updated July 15, 2025

IPOs surge 35% in H1 despite policy shifts, market volatility: EY

Global capital markets this year are apparently adapting to political and geopolitical shocks, improving the outlook for IPOs, EY said.

SEC appoints George Botic as PCAOB acting chair

PCAOB “lifer” George Botic will take over as acting chair for the audit watchdog, which won a narrow reprieve after a provision to fold it into the SEC was removed from the “Big Beautiful Bill.”

White House poised to unveil plan easing AI regulation

An executive order signed by President Trump in late January called for the development of an “AI action plan” within 180 days.