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January Sees 467,000 New Jobs, Stable Unemployment Rate

CFO News Room

Growth in employment continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. The number of unemployed persons, at 6.5 The number of long-term unemployed (people who have been jobless for 27 weeks or more) declined to 1.7 represented a slight increase of 0.1

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2020 global corporate defaults surpass 2019 full-year total

Future CFO

The number of defaults registered in the first five months of 2020 has already exceeded the 2019 full-year number, said Fitch Ratings recently. . All defaulters had speculative-grade issuer default ratings (IDR) at the beginning of 2020, with the vast majority concentrated in the 'CCC'-'C' range, according to the company.

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Cyberattacks, Google Crash Bring Internet Security Into Question

PYMNTS

Whether it's the power grid, banking and financial markets, transportation, communications or even the highly generalized “internet of things,” the list of digital inroads that penetrate our daily lives has never been higher.

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Members’ Profile: Rowen Pillai

CFO Talks

Rowen’s career in finance and leadership has positioned him as an influential figure, serving in executive roles across various sectors, including transportation, investment, and industrial management. I’ve always had a natural inclination toward numbers; they just made sense to me in a way that’s hard to explain.

CFO 97
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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

This early encouragement played a key role in shaping my future, as it introduced me to the world of business and numbers. Understand that as a CFO, your role is not just about numbers but about influencing and guiding the organisation’s financial health and strategy. What advice would you give to someone aspiring to be a CFO?

CFO 95
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Stakes Rising In The US-China AI Race

Global Finance

AI’s positive impact will be concentrated, initially, “in a limited number of sectors.” Srivastava, an economist and chief policy adviser at Ernst & Young India.

Economics 105
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ADP Job Loss Data Spotlights SMB Impact — With More To Come

PYMNTS

The latest numbers underscore the fact that in the wake of the coronavirus pandemic, in the wake of government mandates to shutter non-essential businesses, the jobless rolls are going to swell exponentially, and it is small and medium-sized businesses (SMBs) that will feel the brunt of the pain. Drilling down into the ADP data, as total U.S.