CFO News Room

FEBRUARY 2, 2023

Workplace inclusion is not a static, one-off act of service. It’s an ever-evolving experience that requires the contribution of every employee — regardless of their level of seniority in the organization — to make each other feel included. To foster inclusion around you, form and regularly practice these seven inclusive behaviors until they become habitual and automatic.

Accounting 130

Accounting Planning 130

CFO News Room

FEBRUARY 2, 2023

The Federal Open Market Committee raised its federal funds rate target by 25 basis points on Wednesday. It has raised its target by 450 basis points over the last year. In December, the median FOMC member projected the target would exceed 5 percent in 2023, but some think the Fed has already done enough to bring down inflation. Monetary policy was too loose for too long , driving up aggregate demand and causing the worst inflation in 40 years.

Economics 130

Economics Marketing Planning 130

CFO News Room

FEBRUARY 2, 2023

The Commission took issue with Meta’s pairing of Facebook Marketplace with its personal social network. Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Meta — The tech giant’s shares jumped 23.28%, marking its strongest day in nearly a decade. Late Wednesday, Meta reported revenue that topped analysts’ expectations and announced a $40 billion stock buyback plan.

Banking 130

Banking Technology Planning Marketing 130

CFO News Room

FEBRUARY 1, 2023

On Friday, we will see the first labor market data for 2023. Along with the latest on payroll employment, unemployment, and wage growth, we will also get the final benchmark revisions for the establishment survey (CES). Preliminary benchmark revisions suggest job growth will be even stronger over the last two years than the 11.2 million previously reported.

Benchmarking 130

Benchmarking Education Economics Investments 130

CFO News Room

FEBRUARY 1, 2023

Michel Gibson was on the road to a career in the academic world. He was about to begin a Ph.D. program in philosophy at Oxford, when he realized that a professorship wouldn’t give him the freedom for deep, independent thinking and writing he longed for. He began to think deeply and independently about what has happened to American higher education and came to the radical conclusion that it’s a big waste of time, money, and talent.

Education 130

Education Economics Investments Startups 130

CFO News Room

JANUARY 31, 2023

Welcome back to the 318th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Ali Swart. Ali is a Partner and the Managing Director for Waldron Private Wealth, a multi-family office based in Bridgeville, Pennsylvania that oversees nearly $3 billion in assets under management for 280 ultra-high-net-worth family households.

Retail 130

Retail Planning Finance Investments 130

CFO News Room

JANUARY 31, 2023

By Lambert Strether of Corrente. Patient readers, I’m a fast man with an in-tray, but not fast enough. I really need to clear my backlog, and so I’ll have more shortly. Please return. –lambert UPDATE All done! Bird Song of the Day Masked Finch (Masked), Muirhead bushland, Darwin, Northern Territory, Australia. “Soft, muted contact calls of small party feeding on the ground.” * * * Politics “But what is government itself, but the greatest of all reflections on human nature?

Economics 130

Economics Education Technology Securities 130

CFO News Room

JANUARY 31, 2023

ALISON BEARD: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Alison Beard. Fears about robots taking over our jobs ebb and flow over time, but with the recent rise of AI tools like DALL·E, which can scrape the internet to create some not bad art and design work, and Chat GPT, which can mimic human writing and even pass medical, bar and business school exams, now everyone seems to be worried.

Planning 100

Planning Marketing Leadership Communication 100

CFO News Room

JANUARY 30, 2023

Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% after Morgan Stanley upgraded the stock to overweight from equal weight and named it the top pick in the household and personal care industry. The firm said the stock was at a good price point after a recent selloff.

Healthcare 130

Healthcare Entertainment Numbers Technology 130

CFO News Room

JANUARY 30, 2023

Password security is a major concern for companies, and one of the biggest challenges is getting employees to use better password hygiene. To shore up security, you need to find practices that your employees will actually use. To make it easier, consider sharing these five recommendations to help them find the right security practices for any given situation: 1) use a throwaway password, 2) use a password phrase, 3) use a password phrase that utilizes a pattern, 4) use a password phrase with two

Securities 100

Securities Accounting Numbers Sales 100

CFO News Room

JANUARY 28, 2023

Leaving your job because you’re dissatisfied with the work you’re doing seems reasonable, but if you haven’t given thought to what would actually make you happy, you might end up in the same dissatisfying situation. It’s worth spending some time figuring out what you actually like about your job before making any moves. Take some time to figure out which parts of your job are the ones that bring you the most joy.

Securities 130

Securities Planning 130

CFO News Room

JANUARY 28, 2023

The Roth IRA vs traditional IRA – they’re basically the same plan, right? Not exactly. While they do share some similarities, there are enough distinct differences between the two where they can just as easily qualify as completely separate and distinct retirement plans. To clear up the confusion between the two, let’s look at where Roth IRAs and traditional IRAs are similar, and where they’re different.

Investments 130

Investments Planning Accounting Education 130

CFO News Room

JANUARY 28, 2023

Diesel makes the economy go, but it was only last year that the price of the fuel became the stuff of dinner-table conversation. Retail diesel prices soared to an all-time high of $5.816 a gallon last June 19, part of the big run-up in energy costs following Russia’s invasion of Ukraine that strained transportation budgets and fed inflationary pressures.

Profit and Loss 100

Profit and Loss Transportation Budgeting Forecasting 100

CFO News Room

JANUARY 27, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that CFP Board announced this week that it is splitting into two separate organizations with the same leadership but different nonprofit statuses. By switching to 501(c)(6) nonprofit status, the new CFP Board of Standards will have expanded abilities to advance the planning profession through lobbying and more targeted advertising messages to grow the ranks of CFP profess

Nonprofit 130

Nonprofit Practice Management Advertising Leadership 130

CFO News Room

JANUARY 27, 2023

Real GDP rose 2.9 percent in the 4th quarter of 2022, exceeding estimates ranging from 2.6 to 2.7 percent. This puts the first estimate of overall US economic growth in 2022 at 2.1 percent. While this is notable in light of the brief recession that took place earlier in the year and the aggressive rate hikes undertaken by the Federal Reserve, that growth rate is roughly one-third of real US GDP growth in 2021 (5.7 percent).

Economics 130

Economics Healthcare Leadership Investments 130

CFO News Room

JANUARY 26, 2023

Early retirement has become a popular financial goal. And well it should be. Even if you never retire early, just knowing that you can is liberating! And it may just be the strategy that frees you up to take on even bigger challenges in life. That can happen when you reach the point where you no longer have to work for a living. Can You Really Retire at 50?

Investments 130

Investments Planning Accounting Securities 130

CFO News Room

JANUARY 26, 2023

On Tuesday, the Bureau of Labor Statistics released state employment and unemployment data for December 2022, giving us a full picture of employment changes in the past year. Nationwide, the U.S. economy added 4.5 million jobs in 2022, the second-strongest year for job growth in the past 40 years (after 2021), and a testament to the success of pandemic relief and recovery measures.

Prioritization 130

Prioritization Economics Education Construction 130

CFO News Room

JANUARY 25, 2023

At the start of every semester for as long as I can remember, I have invited people to sit in informally on my classes at NYU or take the shorter online versions on my website. After thirty six years of teaching, you would think I would be jaded, but I am not. As we get ready for the spring, I am excited, perhaps more so than usual, because I hope to finally be in a real classroom, instead of online, for my classes.

Marketing 130

Marketing Corporate Finance Valuation Finance 130

CFO News Room

JANUARY 25, 2023

Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Corp , Fox — News Corp rallied 5.4%, while Fox news gained more than 2%, after Rupert Murdoch called off plans to merge the two companies. related investing news AT&T — The telecommunications giant rallied 5.4% after reporting more wireless subscribers than expected for the fourth quarter.

Marketing 130

Marketing Investments Planning Banking 130

CFO News Room

JANUARY 24, 2023

CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch. We love to celebrate entrepreneurship. We love to celebrate great business leadership. But for all that attention and oxygen, it’s still an enigma. You know it when you see it, but what are the necessary traits of a successful founder? What is the decision tree that a compelling organizational leader follows?

Leadership 130

Leadership Startups Planning Construction 130

CFO News Room

JANUARY 24, 2023

The 401(k) plan is the largest asset many investors own accounting for 36.2% of their total net worth according to the U.S. Census Bureau. Regularly checking your 401(k) account can help you stay on top of your investments, and make sure that your money is working for you in the best way possible. What is a 401k? A 401(k) is a type of retirement savings plan offered by many employers to their employees.

Investments 130

Investments Accounting Planning Budgeting 130

CFO News Room

JANUARY 24, 2023

By Lambert Strether of Corrente. Bird Song of the Day Varied Thrush, Snohomish, Washington, United States Media from this location Illustrated Checklist. “Natural vocalization. Song from a male bird perched on the top of a tall leafless deciduous tree. Spacing between notes much closer together than normal song; perhaps this is dawn song (though no such vocalization is described in BNA) or subsong.

Manufacturing 130

Manufacturing Construction Economics Banking 130

CFO News Room

JANUARY 23, 2023

If you want to advance but your boss isn’t invested in your professional development, it can be demoralizing and frustrating. I know because I’ve been there. In the early stages of my career, there was a phase where I felt invisible and like there were no opportunities to reach for. One summer, there was an extended period where my annual performance review was repeatedly cancelled on short notice.

Investments 100

Investments Communication Leverage Planning 100

CFO News Room

JANUARY 23, 2023

An important truism about marketing is that to be effective, the marketer’s message needs to connect with the audience it intends to reach. Traditional forms of marketing used by financial advisors – including networking with one’s friends and family members, cold-calling, and paid advertising – have been effective at reaching a ‘typical’ client base of older, wealthy retirees.

Marketing 130

Marketing Education Advertising Sales 130

CFO News Room

JANUARY 23, 2023

Stanley Black & Decker Inc. appointed the chief financial officer of Fortune Brands Innovations Inc. to lead its finances as the tool maker works on substantial cost cuts. The New Britain, Conn.-based company on Monday said Patrick Hallinan will become CFO, effective April 6. Mr. Hallinan will join Stanley Black & Decker after a 17-year career at home- and security-products maker Fortune Brands.

CFO 100

CFO Accounting Principles Corporate Finance Finance 100

CFO News Room

JANUARY 22, 2023

In 1991, a year after his controversial firing as men’s basketball coach at North Carolina State University, Jim Valvano published a book titled They Gave Me a Lifetime Contract, and Then They Declared Me Dead. It’s a great title. The past few weeks’ convergence of energy and environmental news reminded me of the irony of that book title. Rolling blackouts, which the 2022 State of Reliability report by the North American Electric Reliability Corporation (NERC) had previously warned about, affect

Construction 130

Construction Advertising Technology Economics 130

CFO News Room

JANUARY 21, 2023

The $1.2 billion Deepwater Titan sat idle in a Singaporean shipyard for five years, looking like an abandoned cruise ship with a derrick attached to its deck. Soon this vessel that spans nearly three football fields will depart for the deepest waters of the Gulf of Mexico, where its crew will be able to drill 8 miles below the seafloor in search of oil for Chevron Corp.

Marketing 100

Marketing 100

CFO News Room

JANUARY 21, 2023

American adults spend the majority of their waking hours looking at screens—and yet most of those screens, including the one you’re probably reading this on now, are based on the same LCD display tech that made its debut in the 1980s. Soon, however, all that could change. A raft of new display technologies are on the way and promise a variety of benefits, from significantly extending the battery life of our wearables, mobile devices and laptops to making them slimmer, lighter and easier to read

Technology 100

Technology CFO 100

CFO News Room

JANUARY 21, 2023

A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines before the bell: Netflix — The streaming stock jumped more than 6% after Netflix reported its latest quarterly results.

Pharmaceutical 130

Pharmaceutical Forecasting Sales Retail 130

CFO News Room

JANUARY 20, 2023

After a period of steep inflation, Americans have seen monthly price growth ease, but when will things get back to normal? The inflation benchmark, measuring price growth over a year, hit a 40-year high in June after months of sustained price increases. Since then, monthly gains have slowed. While December 2022 prices were up 6.5% from a year earlier, a Wall Street Journal analysis of Labor Department data indicates that annual growth has eased to levels that existed before the pandemic.

Benchmarking 100

Benchmarking Economics Marketing CFO 100

CFO News Room

JANUARY 17, 2023

Welcome back to the 316th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Matt Sonnen. Matt is the founder & CEO of PFI Advisors, a consulting firm based out of Redondo Beach, California, that assists wirehouse advisors with the operational transition support they need to break away, and trains and consults with the COOs – the Chief Operating Officers – of independent RIAs to better build their own infrastructures, processes, and culture to scale up t

Planning 130

Planning Technology Investments 130

CFO News Room

JANUARY 17, 2023

By Lambert Strether of Corrente. Readers, I hope your MLK Day was good! –lambert. Bird Song of the Day. Eastern Phoebe, Licking, Ohio, United States. * * *. Politics. “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51. “Here’s food for thought, had Ahab time to think; but Ahab never thinks; he only feels, feels, feels” –Herman Melville, Moby Dick.

Concentration 130

Concentration Economics Manufacturing Entertainment 130

CFO News Room

JANUARY 17, 2023

Social Security payroll taxes are not collected on earnings over a set cap. In 2021, this cap was $142,800 , so workers making more than this enjoyed the benefit of zero Social Security taxes on all earnings in excess of this cap. However, rising income inequality is skewing this tax structure even further to the benefit of top earners and diminishing funding for the crucial retirement program so many Americans rely on.

Securities 130

Securities Finance Economics Investments 130

CFO News Room

JANUARY 16, 2023

January 16, 2023. We’re in a project economy, where so much of our work is developing something new — a product, a service, an event. That means that many of us manage projects, even if “project manager” isn’t in our official job title. And we’re typically doing this work alongside others, on a deadline, often with multiple stakeholders involved, while objectives and circumstances continuously change.

Communication 100

Communication Planning 100

CFO News Room

JANUARY 15, 2023

I am not a prolific user of social media platforms, completely inactive on Facebook and a casual lurker on LinkedIn, but I do use Twitter occasionally, and have done so for a long time, with my first tweet in April 2009, making me ancient by Twitter standards. That said, I tweet less than ten times a month and follow only three people (three of my four children) on the platform.

Valuation 130

Valuation Advertising Numbers Education 130

CFO News Room

JANUARY 15, 2023

Airlines should take advantage of new cloud-based tools, industry consultants said, to help prevent the recent snafus brought on by the use of antiquated and siloed technology at Southwest Airlines Co. and the Federal Aviation Administration. These tools, some originating from startups, offer the potential to make airline systems more automated and less dependent on older technologies that can require manual updates and are increasingly expensive to maintain, airline-industry consultants said.

Startups 100

Startups Technology Manufacturing Transportation 100

CFO News Room

JANUARY 15, 2023

See the Largest Flower Ever Found Encased in Amber Scientific American. Skeleton of man who dreaded becoming a museum exhibit will finally be removed from display CNN. Maine gets 1st Mega Millions jackpot with $1.35B grand prize AP. Climate. Newsom proposes cuts to climate change programs amid cloudy economic outlook LA Times. Attaboy. That’s the kind of liberal we like.

Transportation 130

Transportation Economics Accounting 130