 July 13, 2023 | Today’s news and insights for finance leaders Traders in interest rate futures see 95% odds that the central bank will increase the federal funds rate by a quarter percentage point on July 26. |
The company and former Amazon executive Tim Stone mutually agreed to scrap plans for him to take over as CFO. |
“It will be important for corporations to continue to bring their markups back down after having raised them to unusually elevated levels over the past two years,” the former Fed vice chair said. |
A difficult economic environment has exposed the vulnerabilities of siloed back-end financials. Explore the automation that provides a comprehensive view of your financial data so you can make strategic decisions in
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The electric vehicle maker’s new interim CFO, Jonathan Maroko, is replacing Yun Han, who resigned from the top finance role. The company announced it will also be restating certain financial reports. |
A sudden spike in oil prices poses the biggest threat to U.S. economic growth, Moody’s Analytics Chief Economist Mark Zandi said. |
The departure of CFO Nelson Chai would mark the most significant executive switch at Uber since the company went public in May 2019. |
 | 71% of CFOs say expense management absorbs too much time and attention while wasting 3,000 hours correcting errors annually. Learn how automation reduces overhead in this report. |
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