Treasury
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Inflation slows more than forecast as tariff retreat eases price pressure
Even after recent tariff reductions, U.S. consumers face an effective tariff rate of 17.8%, the highest level since 1934, the Yale Budget Lab said.
By Jim Tyson • May 13, 2025 -
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AI is stirring mixed feelings among CFOs, survey finds
The research highlights a “trust gap between the untested promise of AI and the wariness of security and privacy risks,” finance software company Kyriba said.
By Alexei Alexis • May 13, 2025 -
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House committee set to vote on budget legislation extending tax cuts
The bill under consideration by the House Ways and Means Committee lays the foundation for much of President Donald Trump’s agenda.
By Jim Tyson • May 12, 2025 -
Courtesy of Prologis
Prologis CFO details a $6B credit line strategy for turbulent times
The industrial real estate company’s finance chief says multiple credit lines both shield the balance sheet from market disruptions and enable the REIT to seize on opportunities.
By Maura Webber Sadovi • May 12, 2025 -
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US, China agree to reduce tariff rates for 90 days
By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.
By Philip Neuffer • May 12, 2025 -
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Jobless claims fell in early May despite ramp up of tariffs
Consumer expectations for earnings growth and the availability of jobs in a year declined in April, the Federal Reserve Bank of New York said.
By Jim Tyson • May 8, 2025 -
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PwC cuts 2% of US workforce, citing ‘historically low’ attrition
This week the Big Four firm shed 1,500 workers in its assurance and tax units — including accountants — layoffs that aren’t tied to AI, PwC said.
By Suman Bhattacharyya • May 8, 2025 -
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Fed warns of rising inflation, unemployment risks; holds rates steady
“Uncertainty about the economic impact has increased further,” policymakers said in a statement after a two-day meeting.
By Jim Tyson • Updated May 7, 2025 -
Anna Moneymaker / Staff via Getty Images
US service industry gains strength despite global trade war
A gauge of prices last month rose to the highest level since early 2023, the Institute for Supply Management found in its survey of the service sector.
By Jim Tyson • May 5, 2025 -
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Tariffs trigger pauses on some retail, industrial real estate deals
It’s too soon to know exactly how tariffs will impact commercial real estate. But some cracks are emerging in the U.S. retail and industrial sectors, CBRE’s Whitley Collins says.
By Maura Webber Sadovi • May 5, 2025 -
Provided by Nissan Motor Co.
US hiring exceeds forecasts despite start of tariff barrage
Trump administration shifts in trade and other policies blur the outlook for future employment, according to economists at several organizations.
By Jim Tyson • May 2, 2025 -
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House committee votes to scuttle PCAOB, make SEC auditor watchdog
Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.
By Jim Tyson • May 1, 2025 -
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Economy shrank during Q1 on pre-tariff jump in imports
Companies scrambled to boost their stock of foreign-made goods before President Donald Trump on April 2 announced sweeping import duties.
By Jim Tyson • April 30, 2025 -
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Tariff turmoil could open door for vendor fraud, experts say
The situation is reminiscent of the COVID-19 pandemic, which triggered “urgent vendor sourcing and payment pressures for companies,” a treasury expert said.
By Alexei Alexis • April 29, 2025 -
Cara Salpini/CFO Dive
Consumer expectations plunge at fastest pace since 1990 recession
“Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.
By Jim Tyson • April 25, 2025 -
Courtesy of Arizona Builders Alliance
Jobless claims edged up, showing labor market steady as tariffs bite
Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.
By Jim Tyson • April 24, 2025 -
Chip Somodevilla via Getty Images
Bessent sees ‘big deal’ possible with China, Trump’s top tariff target
Washington since 2006 has urged Beijing to narrow the bilateral trade gap by spurring domestic consumption.
By Jim Tyson • April 23, 2025 -
Federal Reserve. (2019). [Photograph]. Retrieved from Wikimedia Commons.
Trump renews attack on Powell in call for rate cut; borrowing costs rise
Since Trump took office in January, Powell has repeatedly said that an effort by Trump to remove him would contradict the law.
By Jim Tyson • April 21, 2025 -
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IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up
The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.
By Maura Webber Sadovi • April 21, 2025 -
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Paper check use surged last year, AFP says
Use of paper checks by U.S. businesses jumped last year, according to an annual survey by the Association for Financial Professionals, which struggled to explain the results.
By Lynne Marek • April 21, 2025 -
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Trade war puts US on ‘precipice’ of recession: Moody’s chief economist
The U.S. economy will likely begin to shrink “unless policy takes a very sharp turn here pretty quickly,” Moody’s Chief Economist Mark Zandi said.
By Jim Tyson • April 17, 2025 -
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Powell says tariffs will likely push up inflation, unemployment rate
Federal Reserve Chair Jerome Powell highlighted how planned and enacted policy shifts by the Trump administration have created unusual economic uncertainty.
By Jim Tyson • April 16, 2025 -
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Warner Music’s new CFO gets $1M signing bonus
Armin Zerza is taking the financial reins of the entertainment and record-label conglomerate as it has been seeking to cut costs.
By Maura Webber Sadovi • April 15, 2025 -
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Inflation likely to surge to 3.3% this year: NABE survey
The rise in price pressures will prove short-lived, according to a survey of economists. Still, inflation will likely persist above the Federal Reserve’s 2% target through next year.
By Jim Tyson • April 14, 2025 -
Courtesy of Pat Dorsman for FAF
FASB sets clock for derivatives rules update
Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.
By Maura Webber Sadovi • April 11, 2025
