Markets are looking eerily calm as investors chase FOMO rally
By nearly every headline measure, investors have never looked more relaxed in a year not short of wild rides. But that calm may not be as reassuring as it looks.
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9 CFOs on managing real-world finance challenges: Trial Balance
Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. Part 1: Mostly Metrics releases new report highlighting CFO perspectives A recently released qualitative survey aims to shine a light on…
U.S. budget deficit surged in July to highest level since March 2021
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in Washington, DC. J. David Ake | Getty Images The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued…
AI Agents Don’t Use 136 Times More Power. The Truth Costs More
Rows of servers inside a data center. AI agents draw far more power per task than chatbots, and much of the bill is paid while the hardware waits. getty The statistic making the rounds this week is that AI agents burn 136.5 times more electricity than a chatbot. It comes from a real study, the…
U.S. bombs Iran after Tehran attacks ship in Hormuz, Pentagon says
President Donald Trump ordered renewed airstrikes against Iran on Saturday after the Islamic Revolutionary Guard Corps attacked a commercial ship transiting the Strait of Hormuz, the U.S. military said in a statement. The M/V GFS Galaxy, a container ship sailing under the flag of Cyprus, is unable to continue its journey after the Iranian attack…
Trump Could Wait Until GOP Senators Leave Senate To Confirm Todd Blanche
Topline President Donald Trump suggested Thursday he could temporarily pull Todd Blanche’s nomination to be attorney general until the next Congressional term, as Sens. John Cornyn, R-Texas, and Thom Tillis, R-N.C., have held up the confirmation vote by demanding changes to Trump’s settlement agreement with the IRS—but both senators are due to soon leave the…
CLA working with Digits to develop proprietary AI model
Top 20 firm CliftonLarsonAllen announced that it is working with AI-focused accounting platform Digits to develop and train its own proprietary AI model which will be deployed across the firm, starting with its Client Accounting and Advisory Services practice. Digits will be an option within the firm’s CAAS service platforms for its clients. Processing Content…
