Risk Management
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3 CFO steps for finding opportunity in geopolitical instability: McKinsey
The financial and political order built after World War II faces mounting challenges to the flow of goods, capital and services and outright conflicts in the Middle East and Ukraine.
By Jim Tyson • Nov. 19, 2024 -
Spirit Airlines cleared $5.4M in retention awards before bankruptcy
The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.
By Maura Webber Sadovi • Nov. 19, 2024 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
Audit committees expand oversight to ESG, cybersecurity, AI: EY
Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.
By Jim Tyson • Nov. 18, 2024 -
Spirit CFO says post-pandemic airline sector is ‘unrecognizable’
Budget carriers like bankrupt Spirit Airlines have been “disproportionately” affected by industry headwinds as they rely on “much slimmer margins,” CFO Fred Cromer writes.
By Maura Webber Sadovi • Nov. 18, 2024 -
Retail sales rise in hint of cheer for holiday consumer spending
Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will cut the main interest rate by a quarter point at its December meeting.
By Jim Tyson • Nov. 15, 2024 -
How Trump 2.0 could revamp tax policy
Businesses need to prepare for potentially “fast moving” changes to tax policy as questions swirl around President-elect Trump’s plans, EY’s Martin Fiore said.
By Maura Webber Sadovi • Nov. 15, 2024 -
Economists predict above-trend economic growth in 2025: Wolters Kluwer
Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of recession in the next 12 months.
By Jim Tyson • Nov. 14, 2024 -
Inflation edges up, highlighting Fed’s bumpy path to stable prices
Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.
By Jim Tyson • Nov. 13, 2024 -
GAAP is letting companies get away with anticompetitive mergers, researchers say
Intangible assets aren’t being captured in the merger review thresholds that federal antitrust agencies rely on, a paper shows.
By Robert Freedman • Nov. 13, 2024 -
Small business optimism rose before election despite uncertainty: NFIB
Nine out of the 10 factors that determine the NFIB’s optimism index increased last month, including the outlook for business conditions.
By Jim Tyson • Nov. 12, 2024 -
4 tech issues to watch in Trump’s second term
AI, cloud and cybersecurity policies are in the spotlight ahead of the forthcoming Trump administration.
By Roberto Torres • Nov. 12, 2024 -
Earned wage access: A CFO primer
The service, which lets users draw an advance on a portion of their pay before payday, raises some thorny issues for employers and their finance teams.
By Suman Bhattacharyya • Nov. 12, 2024 -
Opinion
Bolstering your cyber defenses in the age of AI
Generative AI’s ability to create persuasive deepfakes is just one example of the risks it poses when in the hands of fraudsters, writes Deloitte’s Ryan Hittner.
By Ryan Hittner • Nov. 12, 2024 -
Trump Media CFO plans to sell $13.4M in shares by Dec. 2025
Donald Trump, three days after winning the Nov. 5 presidential election, sought to puncture rumors that he plans to sell Trump Media shares.
By Jim Tyson • Nov. 11, 2024 -
How Trump’s administration may rework payments policies
The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.
By Lynne Marek and Patrick Cooley • Nov. 11, 2024 -
Sponsored by Allianz Trade in North America
Global growth: How US exporters can circumvent rising risk worldwide
As the old cliché goes, when the going gets tough, the tough get going. Nothing could be more apt in the global shift of U.S. exporters, as they hesitate to grow internationally.
Nov. 11, 2024 -
Consumer expectations hit highest level since July 2021: survey
Expectations for personal finances have improved amid indications that many Americans, when looking back four years, believe their financial well-being has declined.
By Jim Tyson • Nov. 8, 2024 -
Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
The reduction in borrowing costs comes just two days after Donald Trump won a second term as president, heralding likely economic policy shifts that may fuel inflation.
By Jim Tyson • Nov. 7, 2024 -
Ditching Dr. No: Tips for CFOs navigating AI, tech’s promises, pitfalls
Once relegated to number crunching, modern CFOs typically work with chief information officers to help finance and keep score on tech projects.
By Maura Webber Sadovi • Nov. 7, 2024 -
Consumers during Trump presidency will view Fed as pro-GOP: NBER paper
During his first term as president, Donald Trump’s criticism of Federal Reserve policy influenced interest rate expectations and financial markets, researchers said in a NBER paper.
By Jim Tyson • Nov. 6, 2024 -
Gauge of future hiring holds steady despite weak October payroll growth
Most components in the Employment Trends Index improved last month, including the share of involuntary part-time workers, the Conference Board said.
By Jim Tyson • Nov. 5, 2024 -
Deep Dive
Election 2024: Harris, Trump present ‘diametrically opposed’ impacts on ESG
“A Harris administration would be more favorable for the interests of ESG investors whereas a Trump administration would be antagonistic,” according to Morningstar Indexes’ head of strategy.
By Lamar Johnson , Zoya Mirza • Nov. 5, 2024 -
Your D&O coverage is probably inadequate, a broker says
If it is, you’ll want to know that before facing a shareholder lawsuit, Jason Bishara of NSI Insurance Group says.
By Robert Freedman • Nov. 4, 2024 -
High-profile wins will likely embolden labor unions in 2025: Moody’s
Although only 6% of the private sector workforce is unionized, organized labor in recent years has won high-profile disputes and scored limited but clear gains.
By Jim Tyson • Nov. 1, 2024 -
SEC cyber rules could survive regardless of election outcome, experts say
As the U.S. presidential election looms, cybersecurity remains a bipartisan focus, experts said during a joint CFO Dive and CIO Dive live event.
By Grace Noto • Nov. 1, 2024