Yellen backs legislation to avert AI threat to financial stability

Testimony by the Treasury Secretary follows a pledge by the Biden administration to seize on the benefits of artificial intelligence while containing its risks.

By Jim Tyson • Feb. 8, 2024

Walgreens names permanent CFO in management shakeup

The pharmacy chain’s recently-installed CEO announced executive team changes as the company looks for a fresh start after financial struggles.

By Alexei Alexis • Feb. 8, 2024

Explore the 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

IRS to collect $561B more in tax revenue with new enforcement funds

The Treasury highlighted the payoff from stepped up funding for IRS enforcement as Republicans seek to cut the agency budget.

By Jim Tyson • Feb. 7, 2024

Earnings season CFO moves pile up: Prudential, H&R Block

Announcing CFO exits and entrances during earnings season can pave the way to a smooth transition — but there can be downsides.

By Maura Webber Sadovi • Feb. 7, 2024

Profit is the ‘high value’ IPO ticket, NetSuite execs say

As the IPO market recovers, investors are putting a premium on companies that have demonstrated stable profitability.

By Grace Noto • Feb. 7, 2024

Yellen says commercial real estate losses may leave banks ‘quite stressed’

Bank regulators aim to avert turmoil caused by a slump in the value of commercial real estate, Treasury Secretary Janet Yellen said in testimony to a House committee.

By Jim Tyson • Feb. 6, 2024

Fed pivots to considering when to cut main interest rate: Powell

Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.

By Jim Tyson • Feb. 5, 2024

US economy will likely cool as ‘real’ interest rates rise: ACCA

As the economy avoided a downturn last year, confidence among CFOs rebounded close to the long-term average, the ACCA said.

By Jim Tyson • Feb. 2, 2024

R&D tax credit tweak proposal sparks pushback

The American Institute of Certified Public Accountants asserts information required by the proposed new form will be a “material burden” for taxpayers.

By Maura Webber Sadovi • Feb. 1, 2024

Productivity rebound buoys profits, blunts inflation, validates streamlining

A leap in productivity may reflect a post-pandemic readjustment rather than a lasting trend in higher efficiency, Federal Reserve Chair Jerome Powell said.

By Jim Tyson • Feb. 1, 2024

Fed holds main rate steady, wants ‘greater confidence’ inflation falling

The central bank dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates. 

By Jim Tyson • Jan. 31, 2024

CFO Dive’s 2024 outlook roundup: Trends to watch

Cooling inflation, an M&A rebound and an AI reckoning are among the top forces that could shape the corporate finance world this year.

By CFO Dive Staff • Jan. 31, 2024

Healthcare CFOs explore M&A, automation and service line cuts in 2024

Companies grappling with liquidity concerns are looking to cut costs and streamline operations, according to a new survey.

By Susanna Vogel • Jan. 31, 2024

Consumer confidence, job openings rise as Fed favors holding rates high

The Federal Reserve on Wednesday will probably keep the main interest rate as the highest level since early 2001 as the economy shows signs of unexpected strength.

By Jim Tyson • Jan. 30, 2024

Targeting the accounting shortage: 2024 tactics

With controversial state legislation and big changes for CPA exam takers afoot, this year could be a volatile one for accounting players.

By Maura Webber Sadovi • Jan. 30, 2024

The risks hiding in 2023’s B2B SaaS growth rates

2023 was supposed to bring long-awaited stability. Instead, it surfaced hidden risks. Here’s what Maxio learned from studying 2,400 B2B SaaS companies.

Jan. 29, 2024

Archer Daniels Midland investor sues firm, CEO, CFO, ex-CFO

The proposed class action alleges ADM and top executives concealed the true financial picture of the agricultural giant’s nutrition business.

By Maura Webber Sadovi • Jan. 26, 2024

36% of companies plan to raise pay in 2024 amid tight labor market: BDO

Although the job market has shown signs of cooling in recent quarters, CFOs aim to increase compensation this year to attract and retain employees.

By Jim Tyson • Jan. 25, 2024

83% of execs anticipate spike in their M&A volume this year: Deloitte

With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

By Alexei Alexis • Jan. 24, 2024

76% of companies link pay to ESG performance in rising trend: WTW

The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.

By Jim Tyson • Jan. 24, 2024

$700M AGs settlement resolves only portion of J&J talc liability

Some 50,000 private claims remain as Johnson & Johnson tries to keep its controversial bankruptcy strategy alive.

By Robert Freedman • Jan. 24, 2024

6 essentials for CFOs aiming to rise to CEO: McKinsey

Corporate boards in the past decade have increasingly turned to CFOs to fill the CEO seat. McKinsey has highlighted the attributes boards seek in a chief executive.

By Jim Tyson • Jan. 23, 2024

Future of labor’s ‘Great Reset’ is murky

While 2023 saw SAG-AFTRA and other big labor actions, CFOs still hold some strong cards as inflation and automation raise workers’ job security concerns.

By Chris Gaetano • Jan. 23, 2024

Recession odds fall below 50% amid rising sales, profits: NABE survey

The mix of slowing inflation and cooling demand has prompted many economists to abandon forecasts for a decline in gross domestic product in 2024.

By Jim Tyson • Jan. 22, 2024

Cloud, SaaS spending manager Vertice raises $25M in Series B funding

The startup is looking to expand in the U.S., Europe, Australia and Singapore as it also enters new markets such as Latin America and Southeast Asia.

By Alexei Alexis • Jan. 22, 2024