The Latest
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Tariff threats spark surge in PC shipments
As vendors raced to stockpile U.S. inventory, end-users remained cautious during the first quarter of the year, Gartner’s Rishi Padhi said.
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Sponsored by SovosNavigating the evolution of global tax compliance: A guide for financial leaders
Global tax compliance is undergoing a significant shift. Be prepared.
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DOGE poses danger to FTC data, fired commissioners say
The pair, who served as Democrats on the commission, said they were “deeply concerned” that DOGE may access confidential business data at the FTC.
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Consumer sentiment plummets, inflation expectations soar amid trade war
“There’s been a sharp decline in consumer sentiment, and business sentiment measures have weakened too,” New York Federal Reserve Bank President John Williams said.
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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.
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China raises tariffs on US imports to 125%
Once the increase takes effect Saturday, the country signaled that it won’t retaliate further if the U.S. hikes duties again.
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Amazon CEO: Generative AI will ‘reinvent virtually every customer experience’
The company is building more than 1,000 generative AI applications across the business to improve customer experience, Andy Jassy said.
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Paul Atkins confirmed to lead SEC despite Democrats’ opposition
Sen. Elizabeth Warren slammed Republicans for prioritizing a vote to put a “fox in charge of the hen house” over working to stop Trump’s tariff “chaos.”
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Inflation cools as tariffs pose risk of stoking price pressures
Several private- and public-sector economists have warned that tariffs recently enacted by the Trump administration risk boosting inflation and slowing economic growth.
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Trump’s tariffs: Tracking the status of international trade actions
The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here’s where each tariff – threatened or realized – currently stands.
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Bevi CFO looks to create solid, organic growth
The beverage company’s first-ever CFO, Wajeeha Ahmed, said she is focusing on “pressure testing” its people and processes to ensure Bevi can effectively scale.
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Trump announces 90-day pause on some tariffs against most trade partners
President Donald Trump announced a partial pullback from a trade war that has prompted forecasts of recession and turmoil in both bond and stock markets.
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Trade war fallout: CFOs wrestle with uncertainty, pricing, tariff fatigue
In the aftermath of President Donald Trump April 2 tariff barrage, cash is once again king as finance chiefs seek to help their companies minimize risk.
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Tesla CFO sells $957K in stock amid waning sales
The finance chief’s third stock sale in as many months comes as Tesla continues to grapple with declining sales and uncertainty related to the Trump administration’s trade war.
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Iowa passes CPA licensure legislation
Iowa joins a growing band of states passing new CPA licensure laws aimed at easing the accounting talent shortage.
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Strategy reports unrealized $5.91B loss on digital assets
The Tysons Corner, Virginia-based company’s report comes on the heels of a bitcoin slump and newly effective crypto accounting rules from FASB.
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Newly-minted CVS Health CFO inks $1M salary
UPS and PepsiCo alum Brian Newman will receive a $1 million base salary as the latest member of the healthcare company’s revamped leadership suite.
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Trump tariffs threaten global IT spending, AI boom
If the president’s latest tariff measures lead to a global recession, the impact on IT spending “will be swift and downward,” IDC analysts said.
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AI agents emerge as potential targets for cyberattackers
Digital entities — such as bots and artificial intelligence agents — pose a growing cybersecurity risk for enterprises, researchers found.
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BlackRock’s Fink says most CEOs tell him US is in a recession
Several Wall Street leading lights on Monday flagged the economic disruptions from tariffs imposed on virtually all U.S. trading partners.
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Spirit Airlines CFO, COO, GC to step up after CEO exits
The budget airline, recently emerged from bankruptcy, picked the trio of senior executives to handle CEO responsibilities until a new chief executive is found.
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CFOs must prep for agentic AI ‘mindset shift’
With agentic AI’s potential still untapped, CFOs need to adopt a different approach when considering its incorporation and possible impact, EY’s Myles Corson said.
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Powell says tariffs will spur inflation, slow growth; Fed on hold
Policymakers in coming months may face difficulty meeting their dual mandate to ensure stable prices and maximum employment, Federal Reserve Chair Jerome Powell said.
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‘Activist workforce’ fuels spike in class action defense costs
Discrimination claims, “backdoor layoffs” and unionization attempts remain at historically high levels, law firm Carlton Fields said.
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VMware feuds with Siemens in legal battle over software licensing
The Broadcom-owned vendor claimed Siemens AG requested support services for products it never purchased.
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Where enterprises go wrong with cloud networking
While most companies have figured out how to migrate data without incurring huge fees, getting it back can be costly, according to Forrester.
