As Hurricane Joaquin builds strength near the lower east coast of the United States, the swells of finance continue to impact the globe. China’s economic woes limit U.S. expectations for growth, Deloitte claims. The National Association of Credit Management indicates a possible contraction in the future as index declines, while merchants caution against new chip ‘n’ signature cards’ security flaw…

…On the brighter side of things, the U.S. private sector is seeing solid job growth and Tsinghua, a Chinese tech corporation emerges from $3.78 billion deal with U.S. tech firms. Stay bundled up and weather the storm with today’s CFO roundup…

 

CFOs’ China Concerns Dampen Growth Hopes

Chief financial officers’ optimism is at its lowest level in almost three years, according to Deloitte.

The Future of Finance Has Arrived

The pace with which finance functions are employing automation and advanced technologies is quickening. Rapidly. A new survey of senior finance executives by Grant Thornton and CFO Research revealed that, for just about every key finance discipline, the use of advanced technologies has increased dramatically in the past 12 months.

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>> Matthew Heller

 

WTO Slashes 2015 Growth Forecast to 2.8%

The downward revision from April’s 3.3% prediction reflects China’s economic slowdown, which has crimped Asia’s export growth.

>> Matthew Heller

 

Credit Managers’ Index Continues to Decline

The index moved closer to contraction territory, “signaling an abundance of caution going into what is supposed to be strong selling season,” says the NACM.

>> Katie Kuehner-Hebert

 

Forces Join to Fight the ACA’s ‘Cadillac Tax’

Companies and others are loudly decrying the impending excise tax on high-cost health plans — and for good reason.

>> David McCann

 

New Chip Cards Have Security Flaw, Retailers Say

Merchants worry that the chip ‘n’ signature cards being distributed in the U.S. by banks and other issuers are less secure than chip ‘n’ pin.

>> Katie Kuehner-Hebert

 

U.S. Private Sector Shows Solid Job Growth

ADP reports that firms added 200,000 jobs in September, with the largest businesses accounting for more than half of the increase.

>> Matthew Heller

 

Tsinghua to Acquire 15% of Western Digital

The Chinese company continues to emerge from obscurity with a $3.78 billion deal that is its latest collaboration with U.S. tech firms.

>> Katie Kuehner-Hebert


 

Interested in more financial insights? Get the best from organizations like Bloomberg BNAWorkday, Deloitte, Host Analytics and more…in the CFO WhitePaper Library.

 

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