The Latest
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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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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.
Updated April 8, 2025 -
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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.
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Q&AHow CFOs can blunt tariff harm
Trump’s latest tariffs “will impact many products and industries,” with the textile and apparel sector in particular taking a big hit, says KPMG’s Andrew Siciliano.
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Continuing jobless claims hit highest level since 2021 as tariffs bite
Import duties announced this year, if not blunted, would slow economic growth by 1 percentage point in 2025, according to EY.
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Georgia, Indiana join growing band of states to pass CPA licensure laws
So far this year at least seven states have passed alternative CPA licensure laws aimed at easing the accounting talent shortage.
Updated April 3, 2025 -
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Macy’s claws back over $600K in exec bonuses
The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, according to a securities filing.
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Trump installs 10% baseline tariff, country-specific duties
The president said he will levy import taxes on China, Japan and others equal to half of what they charge the U.S. based on White House calculations.
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FASB clarifies guidance for construction contract holdbacks
Accounting related to revenue recognition issues has been one of the thornier subjects tripping up report preparers in recent years.
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CFOs need to hone tech, AI ‘fluency,’ Deloitte’s Glover says
CFOs need to have a closer relationship with tech and IT leaders than ever before to craft forward-facing strategies, Deloitte’s James Glover said.
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Macy’s taps new CFO months after $151M accounting error disclosure
The department-store chain on Tuesday said Thomas J. Edwards of Capri Holdings will join the company in June, succeeding Adrian Mitchell as CFO and COO.
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US manufacturing output, employment fall as tariffs fuel higher prices
“Newly implemented tariffs are significantly impacting gross profits,” the Institute for Supply Management quoted an unidentified survey panelist as saying.
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Just Salad ex-CFO missed out on $1.2M, lawsuit claims
The former finance chief is seeking $1.2 million in funds he claims he’s owed relating to a separation agreement, as well as $5 million in damages.
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Vendors crowd CFO software market amid AI boom
More than 300 tech companies are currently in the fast-growing “office of the CFO software market,” according to venture capital firm Norwest.
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Enterprises beef up cybersecurity plans to mitigate AI risks
More than 2 in 5 leaders say they’ve strengthened practices to curb increased threats, misuse and other vulnerabilities tied to using the technology.
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FTC chief flags data privacy concerns in 23andMe bankruptcy
The company filed for bankruptcy after financial challenges over the past few years and a massive data breach in 2023.
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Consumer spending during Q1 shrinks for first time since pandemic
“Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods spending later this year,” the Conference Board said.
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CFO turnover reaches six-year high: Russell Reynolds
Rising retirement rates contributed to growing turnover, with 54% of outgoing CFOs either retiring or moving exclusively to board positions, the firm said.
