Sept. 12, 2024 | Today’s news and insights for finance leaders With generative AI still stealing the spotlight, keeping up with new technologies is on everyone’s minds. However, CFOs need to walk a careful line between risk and reward — balancing the true potential of new technologies, while resisting overspending on mere hype. Achieving that balance requires careful coordination between the CFO and CIO. CFO Dive is pleased to announce an upcoming virtual (and free) event, the CFO-CIO Bridge to a Lasting Tech Foundation, which will explore just how CFOs and CIOs can tackle these challenges. Join the CFO and CIO Dive editorial teams and industry experts on Oct. 30 between 1-5PM ET, to learn more about how to prioritize technology investments, the best ways CFOs and CIOs can collaborate to avoid business disruptions and navigate challenges — such as new and emerging cybersecurity threats — and, of course, the promises and traps of generative AI. Register for the event here! |
| Grace Noto Editor, CFO Dive Email |
The persistence of shelter cost inflation prompted futures traders to retreat from predictions that policymakers next week will cut the federal funds rate by a half point. |
Sixty-six percent of finance leaders are more optimistic about the technology compared to last year, the study found. |
Borrowers have continued to struggle with high inflation, cost of living and a “weakening” employment picture, CFO Russ Hutchinson said. |
Finance leaders must develop an investment strategy that balances mission-critical finance tasks with the world of AI opportunities. Explore how making strategic investments in AI drives efficiency and growth in
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Inflation persisted last month as the top concern among small businesses, the National Federation of Independent Business said. |
While the “boil” appears to be coming off inflation, companies are still grappling with uncertainty around elections and rates, Citigroup’s Mark Mason said Monday. |
New tech competencies will be crucial to ensuring organizations and their finance departments can compete and stay compliant in an AI-enabled world. |
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CFO Dive Inflation persisted last month as the top concern among small businesses, the National Federation of Independent Business said. |
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