CFO Dive
CFO Dive offers thorough journalism and analysis on key news and trends that influence the finance sector. Their newsletters and website discuss various subjects, including financial reporting, compliance, technology, risk management, leadership, and beyond.
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Articles
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1 week ago |
cfodive.com | Grace Noto
Intel alum Marc Graff will receive a $1.9 million cash bonus upon taking the top financial seat for high-speed optical networking firm Ciena, with the move effective Aug. 1, the company said Thursday in a securities filing.
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1 week ago |
cfodive.com | Jim Tyson
The U.S. economy is headed toward a big slump in growth this year, the Conference Board said Friday, flagging a decline in housing permits and two straight months of rising claims for unemployment insurance. Pessimism among consumers and “persistently weak new orders in manufacturing” also dim the economic outlook, the Conference Board said, noting a 0.1% dip in its Leading Economic Index in May.
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1 week ago |
cfodive.com | Grace Noto
The Senate lawmakers who passed the “Guiding and Establishing National Innovation for U.S. Stablecoins,” or GENIUS Act, on Tuesday aim to create a regulatory framework for the issuance of stablecoins — a step that could enable finance leaders to consider more use cases for the crypto asset.
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1 week ago |
cfodive.com | Jim Tyson
The Federal Reserve on Wednesday held the benchmark interest rate at a range between 4.25% and 4.5% while reiterating that it expects to cut borrowing costs later this year by a total of 0.5 percentage point. In a median projection, Fed officials estimated that their preferred measure of inflation — the personal consumption expenditures price index less volatile food and energy prices — will end the year at 3.1%, 0.3 percentage point higher than their March estimate and well above their 2% goal.
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1 week ago |
cfodive.com | Maura Sadovi
Maine Gov.
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