Strategy

Sustainability

CFO Taskforce Launches Global SDG Initiative

The group committed to invest more than $500 billion over the next five years towards the achievement of Sustainable Development Goals.
Global Business

Probe Faults World Bank Over China Ranking

An internal investigation finds management pressured staff to alter data in the bank’s Doing Business report to placate China.
The Economy

Retail Sales Rebound in August With 0.7% Gain

Consumers delivered an unexpected increase in sales despite the delta variant and supply-chain bottlenecks that have hurt auto production.
Supply Chain

The Great Logistics Crunch

The chaos has laid bare the need to stop looking at foreign supply chains as just a way to save on costs.
The Economy

Inflation Pressures Forcing CFOs to Take Action

Experts may call consumer price increases 'transitory,' but fighting rising costs has become a priority for finance chiefs.
The Economy

Workers Feeling More Hopeful About Jobs

The NY Fed says the proportion of individuals who reported searching for a job in the past four weeks increased to 24.0% from 19.6% in July 2020.
The Economy

Ida’s Economic Toll Seen as Relatively Modest

Analysts estimate insurance industry losses from the hurricane will hit around $10 billion, one-tenth of the toll of Katrina.
The Economy

Powell Remains Cautious on Stimulus ‘Tapering’

The Fed chair confirmed officials are moving toward winding down the monthly bond-buying program but was not specific about timing.
The Economy

U.S. Factory Orders Decline 0.1% in June

“The underlying trend of demand for durable goods remains at very elevated levels and should support sustained production into 2022."
Tax

CFOs: Prepare for Changes in Global Tax Rules

Some of President Biden’s new tax proposals, if passed, will have significant ramifications. Here are the regulations to watch.
Capital Markets

Meme Stock Phenomenon Presents Opportunities for CFOs

What starts out as a “cultish response to a flagging brand” can result in favorable outcomes for the formerly distressed issuer.
The Economy

U.S. Housing Starts Decline 7% in July

“As demand continues to overpower builders’ ability to keep up with new inventory, we will keep seeing a stressed housing market."
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