Treasury: Page 11


  • Heavy machinery and workers working on the construction of a new viaduct along the north of downtown Miami, where new luxury housing complexes are being developed.
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    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 Feb. 2, 2024
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    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 Feb. 1, 2024
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    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 Jan. 31, 2024
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    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 Jan. 30, 2024
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    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 Jan. 24, 2024
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    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
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    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 Jan. 22, 2024
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    Audit committees in 2024 face rising tax, AI, regulatory challenges: EY

    A barrage of business risks may intensify this year, and audit committees need to help C-suite executives limit potential losses and seize opportunities, EY said.

    By Jan. 18, 2024
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    Retail sales exceed forecasts, highlighting steady consumer-fueled growth

    Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending. 

    By Jan. 17, 2024
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    CEOs see ballooning federal debt as biggest business threat: Conference Board

    Congressional leaders wrangle over federal spending and struggle to avert a government shutdown as business leaders fret over the worsening fiscal outlook.

    By Jan. 16, 2024
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    5 hot spots on bankruptcy experts’ watchlists

    U.S. bankruptcies rose 18% year-over-year in 2023. CFOs will likely need to navigate deepening distress again this year, experts say.

    By Jan. 12, 2024
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    IRS streamlining falls short despite budget boost: Taxpayer Advocate

    Although improving some taxpayer services, the IRS has overstated its progress by claiming to answer 85% of calls, the national taxpayer advocate said.

    By Jan. 12, 2024
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    Inflation inches up, signaling prospect of extended Fed inflation fight

    The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.

    By Jan. 11, 2024
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    Opinion

    AR sobriety: How to cut your losses

    Late payments mean your company is effectively loaning money at zero interest. It’s time to tighten your billings and collections systems, Dean Kaplan writes.

    By Dean Kaplan • Jan. 10, 2024
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    Economic growth will slow to 1.6% in 2024 as high rates bite: World Bank

    The most restrictive monetary policy in 40 years will weigh on growth but probably not trigger a downturn this year and in 2025, the World Bank said.

    By Jan. 10, 2024
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    Deep Dive

    Seeking ‘Goldilocks’: 5 CFO trends for 2024

    Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions.

    By Jan. 9, 2024
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    Deloitte rolls out in-house generative AI platform for coding, researching

    Around 75,000 employees are beginning to use PairD to assist with daily tasks. The firm expects a total of 100,000 workers will gain access to it in the next six months.

    By Lindsey Wilkinson • Jan. 8, 2024
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    17 states are cutting income taxes this year

    Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.

    By Jan. 5, 2024
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    Bankruptcies surge 18% in 2023 as more distress looms

    The rise in business failures was one of the darker pieces of last year’s economic puzzle. 

    By Jan. 4, 2024
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    Chevron blames regulations, cleanups for $4B write-off

    The energy giant said California’s regulatory landscape and cleanup of decommissioned Gulf of Mexico sites are estimated to cost the company at least $3.5 billion.

    By Lamar Johnson • Jan. 4, 2024
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    IRS unlocks 15% corporate minimum tax’s handcuffs

    The guidance is the latest in a slew of IRS directives issued as questions have swirled around the new tax on big companies.

    By Jan. 3, 2024
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    CFO optimism rises on outlook for 2024 economy: Fed

    Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

    By Jan. 2, 2024
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    Fifth Third shakes up executive suite

    The Cincinnati lender is getting a new COO, CFO and treasurer, all from the inside.

    By Gabrielle Saulsbery • Dec. 20, 2023
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    IPOs rise on prospect of Fed interest rate cuts: EY

    High-profile IPOs in September by companies including Arm Holdings and Instacart renewed C-suite and investor interest in the market.

    By Dec. 19, 2023
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    US regulators flag commercial real estate as a leading risk in 2024

    “Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

    By Dec. 18, 2023