June 6 - Alphabet poaches Eli Lilly CFO | FASB advances hedge accounting rule fix

FASB seeks comment on narrow hedge accounting fix

Despite a unanimous vote, some board members expressed concern the proposed improvements to GAAP hedging guidance do not go far enough.

Cyberattacks pose mounting risks to creditworthiness: Moody’s

“As more data becomes available — thanks to recently adopted disclosure requirements — attacks continue to proliferate,” a Moody’s executive said.

The CFO’s role in the age of generative AI

Forecasts for Fed rate cuts probably too optimistic, Summers says

“I don’t think we’re on a convincing trajectory to the 2% inflation target” set by the Federal Reserve, Former Treasury Secretary Larry Summers said.

Few CFOs control cybersecurity budgets. Here’s why more should.

Tech executives, not CFOs, most often call the shots on cybersecurity spending at middle market companies, according to a recent RSM US survey.

Nvidia overtakes Apple as No. 2 most valuable company

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

Bank of Canada Cuts Rates to Become First G-7 Central Bank to Ease Policy

ECB’s Inflation Challenge Looks More and More Like the Fed’s