Strategy & Operations: Page 19
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AI budgets poised to surge in 2025
While AI investments are expanding, many companies are failing to invest in infrastructure necessary to optimize the technology, EY found.
By Alexei Alexis • July 16, 2024 -
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Powell says data lift Fed confidence inflation cooling toward 2% goal
Federal Reserve Chair Jerome Powell welcomed recent inflation data, including a report that the core consumer price index rose last month at the slowest pace since early 2021.
By Jim Tyson • July 15, 2024 -
Explore the Trendlineâž”
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TrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
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Banks should proactively combat instant payments fraud: BNY
Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.
By Suman Bhattcharyya • July 12, 2024 -
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Casual dress codes, informal etiquette may help recruiting and retention, survey indicates
Employers may want to be more lenient with attire, cellphones and communication, but such shifts also may confuse employees if expectations aren't clear.
By Carolyn Crist • July 12, 2024 -
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Costco hikes membership fees 8% as inflation eases
The long-anticipated increase marks the first time since 2017 that the global retailer has raised its membership fees.
By Maura Webber Sadovi • July 11, 2024 -
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GenAI spending frenzy shifts as revenue emerges as top ROI priority
Revenue generation has overtaken productivity as C-suite leaders’ primary return-on-investment metric for generative AI spending, KPMG found.
By Alexei Alexis • July 11, 2024 -
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Fed will cut main rate before inflation falls to its 2% goal: Powell
A decline in the Federal Reserve’s preferred inflation measure to 2.6% has prompted policymakers to focus more on the cooling job market, Fed Chair Jerome Powell said.
By Jim Tyson • July 10, 2024 -
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Newly-appointed UPS CFO faces shipping, cost quandary
Brian Dykes faces the tough challenge of boosting shipping volumes without subsequently increasing costs, West Monroe’s Jeremy Tancredi said.
By Grace Noto • July 10, 2024 -
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ADM hires 3M CFO, signaling push for fresh start after accounting woes
The grain trading giant’s financial reporting practices have been in the spotlight since January when it revealed an internal probe was underway.
By Maura Webber Sadovi • July 10, 2024 -
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Powell spotlights risks to jobs, wants more gains against inflation
The job market in recent months has shown signs of returning to its pre-pandemic trend, with demand for labor easing and unemployment rising to 4.1% in June.
By Jim Tyson • July 9, 2024 -
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OpinionHow CFOs can leverage AI in spend management
AI can sift through tons of data in seconds, streamlining tax calculations in the employee expense process, among other benefits, writes SAP Concur’s Chris Juneau.
By Chris Juneau • July 9, 2024 -
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Serta brings in ElectroLux alum as finance chief after latest CEO swap
GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.
By Grace Noto • July 8, 2024 -
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Almost 60% of corporate cybersecurity budgets are higher this year: report
Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.
By Alexei Alexis • July 3, 2024 -
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Inflation persists as top concern among small businesses: U.S. Chamber
Businesses in services and manufacturing find price pressures more troublesome than their counterparts in other sectors, the U.S. Chamber said.
By Jim Tyson • July 3, 2024 -
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Powell sees gains against inflation, wants more progress before rate cuts
After Powell’s comments, traders in interest rate futures increased the odds the Fed will cut the main interest rate by a quarter point in September.
By Jim Tyson • July 2, 2024 -
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OSHA proposes rule to protect workers from extreme heat
Released this morning, the standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.
By Zachary Phillips • July 2, 2024 -
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Chevron ruling adds new wrinkle to US cybersecurity efforts
The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.
By Alexei Alexis • July 2, 2024 -
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Cyber insurance prices fall amid rising competition: report
The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.
By Alexei Alexis • July 2, 2024 -
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SCOTUS gives CFOs ‘brand new lens’ for tax positions
Businesses should review their tax positions to see if they are dependent on a regulation that might be vulnerable to a challenge, attorney Robert Kovacev said.
By Maura Webber Sadovi • July 1, 2024 -
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IPO market quickens as stocks hit record highs during H1 2024, EY says
In coming months the IPO market in the U.S. and beyond faces possible turbulence from intensifying regional conflicts and “an election super-cycle,” EY said.
By Jim Tyson • July 1, 2024 -
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Sponsored by ScottMaddenAchieve real AI results in finance
Standing idle is not an option as our organizations demand AI-enabled solutions.
By Brad DeMent • July 1, 2024 -
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Supreme Court deals big blow to federal agencies
In a landmark ruling, the justices overturned a 40-year-old precedent and significantly reduced the power of federal agencies to interpret the laws they administer.
By David Weisenfeld • June 30, 2024 -
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Commercial property vacancy rate to peak in 2026 at 24%: Moody’s
“The preference of many employees to work from home cannot be overlooked,” Moody’s economists said.
By Jim Tyson • June 28, 2024 -
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Enterprise cloud storage spend to double by 2028 as AI ramps up
AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis.
By Matt Ashare • June 28, 2024 -
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Cyberattack costs outpace insurance coverage: Sophos
Only 1% of organizations that made a cyber insurance claim within the previous year saw their policy cover 100% of the costs they incurred while remediating the incident.
By Alexei Alexis • June 27, 2024
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