CFOs Support Immigration Reform to Help with Talent Shortage
U.S. finance chiefs are strongly in favor of more accommodative immigration policies, finds the Duke/CFO Global Business Outlook Survey.
No Matter How Bright the Star, One Isn’t Enough
Here's why finance executives who fail to adequately develop their teams limit their own career potential.
Labor Shortage Hits Foxconn’s U.S. Plant Project
The Taiwanese firm denies a report that it is recruiting Chinese workers to fill a staffing gap at its Wisconsin factory.
U.S. Adds 250,00 Jobs, Wages Rise 3.1%
The October jobs report is "another reminder of the labor market’s persistent strength even as the stock market has swerved down in recent weeks."
CFOs Back Immigration Reform to Aid Hiring
The Duke/CFO Global Business Outlook survey shows strong support among finance chiefs for easing restrictions on foreign students.
Tight Labor Market Doesn’t Move Wage Needle
Even with low unemployment and this year's tax windfall, employers are planning essentially flat salary increases for 2019, studies show.
Job Gains Top 200,000 for 2nd Straight Month
U.S. job growth in June easily beat economists' expectations despite signs the economy is at or near full employment.
Fed Raises Rates, Expects 2 More Hikes in 2018
The decision to increase rates for the second time this year “is another sign that the U.S. economy is in great shape,” the Fed chairman says.
U.S. Core Capital Goods Orders Drop 0.1%
The decline in the proxy for business spending plans "is not a red flag for the economic outlook yet even if the caution light should be left on.”
Tax Cuts Trigger CFO Optimism
U.S. finance chiefs see earnings growth in 2018, but they also expect higher wage and benefits costs.
Weekly Jobless Claims Unchanged at 245,000
Jobless applications have been confined to a range of 223,000 to 252,000 since mid-October, reflecting the strong labor market.