The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.

Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month.

He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief.

The codification, effectively the bible for generally accepted accounting principles, was last updated in 2020.

Finance chiefs are “uniquely positioned” to take point on AI’s adoption ahead of its coming strategic impact, Thomson Reuters’ interim head of data and analytics said.

Payment-fraud activity targeted at businesses is on track to surge this year, according to a recent survey by risk management firm Creditsafe. Fifty-three percent of respondents said their ...