Treasury: Page 2


  • A person sweating and wearing protective goggles, gloves and orange vest in a factory.
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    coffeekai for iStock via Getty Images
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    US manufacturing persists in recession mode, production falls

    Producers, responding to “election uncertainty” and monetary policy, held back on capital investment last month, the Institute for Supply Management said.

    By Sept. 3, 2024
  • Woman paying contactless at the cash register.
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    iStock/lechatnoir

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    Consumer confidence rises despite concern for weakening job market

    A Conference Board report Tuesday highlighting improving consumer confidence aligns with a similar survey in early August by the University of Michigan.

    By Aug. 27, 2024
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    lorozco3D via Getty Images
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    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
  • Consumer Financial Protection Bureau Director Rohit Chopra
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    Anna Moneymaker / Staff via Getty Images
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    EWA providers crusade against CFPB rule proposal

    Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans.

    By Lynne Marek • Aug. 26, 2024
  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images
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    Powell says ‘time has come’ for rate cut, cites weakening labor market

    The Fed chair did not indicate the size of a coming interest rate reduction, keeping alive a debate on how far policymakers will cut borrowing costs.

    By Aug. 23, 2024
  • A lone construction worker pauses on a jobsite.
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    shotbydave/E+ via Getty Images
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    Jobless claims edge up, amplifying Fed signals for rate cut

    Payrolls in the 12 months ending in March may have grown 818,000 less than previously reported, according to federal data.

    By Aug. 22, 2024
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    LeoPatrizi via Getty Images
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    Economic data no longer herald recession: Conference Board

    Several data points during the past two weeks paint a sunny outlook for the economy, discouraging forecasts of a downturn.

    By Aug. 19, 2024
  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    SEC imposes $390M in fines in crackdown on shoddy record-keeping

    The agency that regulates Wall Street in the past year has slammed several financial services companies for flawed record-keeping.

    By Aug. 15, 2024
  • The Federal Reserve building at sunset.
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    Douglas Rissing via Getty Images
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    Inflation slows to three-year low, clearing way for Fed rate cut

    The central bank at a meeting next month will likely weigh cooling inflation against signs that the labor market is loosening up.

    By Aug. 14, 2024
  • A person wearing personal protective equipment inspecting steel.
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    Courtesy of JSW Steel USA.

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    Producer price inflation slows, brightening outlook for Fed rate cut

    The less-than-forecast gain in PPI last month bodes well for a decline in economy-wide price pressures in coming months.

    By Aug. 13, 2024
  • SEC slaps $3.5M fine on former Ideanomics CEO for alleged fraud

    Since its inception in 2004, Ideanomics has switched its business model at least three times, from video on demand to petroleum trading products to electronic vehicle services.

    By Aug. 12, 2024
  • The Internal Revenue Service sign in capital letters on a tan building on a sunny day.
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    Pgiam for iStock via Getty Images
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    IRS restarts review of employers’ claims for pandemic tax credit

    The agency last year suspended processing applications for the Employee Retention Credit after reports of fraud.

    By Aug. 9, 2024
  • two engineers look at blueprints in front of a construction crane
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    Saranyoo Chantawong via Getty Images
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    Jobless claims dip below forecasts in glimmer of hope for labor market

    The report on initial jobless claims helped fuel a rebound in equity markets following news last week of job market weakness.

    By Aug. 8, 2024
  • A young woman holding a credit card with a laptop on her legs looking stressed.
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    fizkes via Getty Images
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    Delinquencies rise as household debt hits record high: NY Fed

    Rising consumer debt and delinquencies, along with an increase in unemployment, have shown no signs of dampening consumer spending.

    By Aug. 7, 2024
  • workers toil on a hot construction site with the orange sun in the background
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    SonerCdem via Getty Images
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    Job market setbacks do not ‘portend’ broad slump: Conference Board

    Investors fearing a recession have pulled back from risk since a report on Friday that unemployment last month rose to 4.3%.

    By Aug. 6, 2024
  • The US Federal Reserve building in Washington DC
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    uschools via Getty Images
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    Fed’s Goolsbee seeks to cool speculation of sudden turn to rate policy

    The central bank official cited signs of solid economic growth, including a 2.8%-annual-rate increase in gross domestic product during the second quarter.

    By Aug. 5, 2024
  • Jerome Powell speaking at The Economic Club in DC on July 15, 2024
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    Nathan Howward via Getty Images
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    Fed holds rates steady; points to ‘totality’ of data needed for potential September cut

    The central bank continued to maintain rates at their 23-year high, but cracked open the door for a potential cut in September.

    By July 31, 2024
  • Artificial Intelligence Machine Learning Natural Language Processing Data Technology
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    Just_Super via Getty Images
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    Deep Dive

    7 CFO tips for yielding high ROI during the rush into generative AI

    Financial executives willing to chance big spending on generative AI can take steps to reduce risk and seize the payoffs.

    By July 26, 2024
  • Senator Richard Blumenthal has called for an expansion of the Electronic Funds Transfer Act to require payment networks to reimburse scam victims.
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    Spencer Platt/Getty Images via Getty Images
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    Zelle, big banks challenge senators on scam reimbursements

    Forcing banks to reimburse authorized payments could encourage bad behavior and would not deter scammers, bank executives said in a Senate hearing.

    By Patrick Cooley • July 26, 2024
  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
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    dem10 via Getty Images
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    Deep Dive

    ‘Surge Moment’: Generative AI upends time-tested measurements of ROI

    CFOs gauging the return on investment from generative artificial intelligence are trying to map fuzzy terrain, according to financial executives and AI experts.

    By July 19, 2024
  • IRS
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    Opinion

    Finance leaders need to move quickly to prep for the ‘tax trifecta’

    U.S. businesses must begin scenario planning ahead of the presidential election to avoid being caught off guard by sudden shifts in tax policy, KPMG’s Rema Serafi writes.

    By Rema Serafi • July 19, 2024
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    FatCamera via Getty Images
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    ‘Say-on-pay’ proxy support rises despite concerns about PSUs: EY

    The number of investor activist campaigns this proxy season rose to 691, a 2.4% increase compared with 2023, according to EY.

    By July 17, 2024
  • A businessperson hands a colleague a paycheck.
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    AndreyPopov via Getty Images
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    CFOs plan to raise salaries 3.9% in 2025: WTW

    U.S. companies are trimming salary increases as the labor market loosens, recovering from a pandemic period of high resignations, job hopping and wage gains.

    By July 16, 2024
  • The words Federal Reserve engraved in a marble building with an eagle above.
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    Douglas Rissing via Getty Images
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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 July 15, 2024
  • BofA CashPro
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    Courtesy of Bank of America
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    BofA tackles digital banking’s transaction pain points

    The latest CashPro platform update is designed to better address transaction-related inquiries — one of the top reasons business customers call and email the bank.

    By July 12, 2024
  • A bronze sculpture of an eagle with a 16-foot wingspan adorns the outside of the Federal Reserve Bank of Atlanta.
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    Jens_Lambert_Photography via Getty Images
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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 July 10, 2024