“Despite policy uncertainty and downbeat consumers, the March top-line number was a good one for the economy and employers of all sizes, if not necessarily all sectors.”
The aerospace firm violated its fiduciary duties by using an in-house service provider and affiliated target-date funds, according to the class-action lawsuit filed by plan participants.
One recent study found that tariffs on Canada, Mexico, and China would raise the cost to produce a crossover vehicle by about $4,000, while a U.S.-made EV would jump by about $12,000.
Traditionally seen mostly as guardians of an organization’s financial health, many modern CFOs now take on a broader, more strategic role that extends beyond the confines of finance.
The combination of sticky inflation and weakening economic data has some on Wall Street questioning whether we could be entering stagflationary environment for the first time since the 1970s.