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Bloated inventory spurs the second forecast reduction in three weeks.

As imports fell amid China's Covid lockdowns and U.S. exports grew, the U.S. trade deficit shrunk by 19.1% in April.

Some workers are asserting they have disabilities that necessitate they work from home full-time; others are signing petitions begging companies to "stop treating [employees] like school kids who need to be told when to be where."

She points to slowing growth in the core inflation rate as indicating that price hikes are moderating. Still, in this geopolitical climate, "we can't rule out further shocks."

"When interest rates are at or close to zero, it's very easy to get credit and the difference between a good company and a bad company is narrow. When the tide runs out, you figure out who is swimming naked."

Adjusted pretax profits decreased by an annualized 2.3% in Q1, although without the adjustment, after-tax profits increased 1.5%.

How corporate treasury teams can take a leading role in "impact" initiatives—and why they should.

"I get nervous when employers are using AI in the hiring process. You may not realize all the things you need to be thinking about. Yes, it is very dangerous."