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Prior was +0.8% Retail inventories ex-autos vs +0.8% prior For background, the US business inventories report, formally the Manufacturing and Trade Inventories and Sales release, is published monthly by the Census Bureau about six weeks after the reference month ends. It combines inventory and sales data from three sectors: manufacturers, wholesalers and retailers. Together they…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. U.K. CFOs say cost reduction is their top business priority over the next 12 months, according to a new Deloitte survey conducted between Sept. 17 and Oct. 1. Sixty-eight percent of those surveyed said it is a…
A Southwest Airlines Boeing 737 airplane departs from San Diego International Airport on May 27, 2026. Kevin Carter | Getty Images News | Getty Images Goodbye, A-List and A-List Preferred. Southwest Airlines is scrapping its two-tier loyalty program starting next year and instead rolling out silver, gold and platinum levels that are similar to what…
Progressive (PGR +2.32%) is one of the largest insurance companies in the U.S., and while insurance companies aren’t typically known for being growth stocks, Progressive stock has turned $10,000 into $90,000 over the past 10 years. That’s double the S&P 500‘s return over the same time. ^SPX data by YCharts Progressive stock fell 7% after…
Finance ERP negotiations often focus on commercial terms, project delivery and implementation obligations. Processing Content However, ERP programs can be delivered on time and on budget while still failing to achieve the outcomes that justified the investment. As a result, accountability for value realization often remains less explicitly owned than accountability for delivery, leaving CFOs…
This article appears in the October issue of Global Finance Magazine. U.S. banks are merging again as a rare combination of a friendlier regulatory environment, excess capital among the bigger players, and the rising cost of competing in artificial intelligence continues to drive broad industry consolidation. S&P Global Market Intelligence data shows that 81 banking…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Employees are finding ways to incorporate AI into their work faster than many organizations can create policies, norms or expectations around its use. The leadership question is no longer simply, “Should our people use AI?” It’s: “Are the ways people are using AI strengthening the…
Key insight: Digital assets and artificial intelligence-driven agents are going to transform financial services, and the change is going to happen in a hurry. The industry can take some key steps to weather the transition. What’s at stake: Both AI agents and digital assets are transformative technologies on their own, but coming together as they…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Artificial intelligence is moving beyond content creation and productivity tools into specialized business workflows. The next advantage may be using AI to remove operational bottlenecks, accelerate product development and turn ideas into execution faster — without requiring larger teams or significantly higher costs. For the…