Finance News and Headlines

Space Force Modernization Push Runs Into Acquisition Workforce Shortfall
NewsMar 3, 2026

Space Force Modernization Push Runs Into Acquisition Workforce Shortfall

The Space Force’s push to modernize its space capabilities is being hampered by a critical shortage of contracting officers and financial managers. As the service moves from buying discrete hardware to fielding integrated warfighting systems, it needs acquisition professionals with...

By SpaceNews
Nine Percent of Full-Service Restaurants at Risk of Closing in 2026, Black Box Warns
NewsMar 3, 2026

Nine Percent of Full-Service Restaurants at Risk of Closing in 2026, Black Box Warns

Black Box Intelligence warns that nine percent of full‑service restaurants in the United States are “at risk” of closing by 2026 after falling more than 30 % of their peak sales since 2019. The at‑risk units are concentrated in the West,...

By FSR Magazine
Ares CEO Says UBS Call on 15% Private Debt Default ‘Absolutely Wrong’
NewsMar 3, 2026

Ares CEO Says UBS Call on 15% Private Debt Default ‘Absolutely Wrong’

Ares Management CEO Mike Arougheti dismissed UBS analysts' worst‑case projection that private‑credit defaults could hit 15%, labeling it irresponsible. UBS warned the scenario could materialize if artificial‑intelligence disruption spikes borrower distress, but otherwise expects defaults to rise about 5% before...

By AdvisorHub
Top 5 ERP Software for Singapore’s Building Material Businesses in 2026
NewsMar 3, 2026

Top 5 ERP Software for Singapore’s Building Material Businesses in 2026

Singapore’s building‑material sector is entering a digital modernization wave, making ERP systems mission‑critical for finance, logistics, and compliance. A recent e27 report ranks the top five ERP platforms chosen by local distributors, emphasizing deep integration with Singapore’s GST, InvoiceNow e‑invoicing,...

By ERP Today
Cricut, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
NewsMar 3, 2026

Cricut, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results

Cricut, Inc. posted a modest revenue decline of 3% in Q4 2025, with full‑year sales flat at $708.8 million, but highlighted a 22% rise in net income and a 26% jump in operating profit to $96 million. Platform revenue grew 5% year‑over‑year,...

By GlobeNewswire – Earnings Releases
Direct Indexing Is Not New, but It Has Become Newly Essential
NewsMar 3, 2026

Direct Indexing Is Not New, but It Has Become Newly Essential

Direct indexing, once a niche tool for the ultra‑wealthy, is now becoming a core component of portfolio construction thanks to advances in technology and lower operational costs. Continuous monitoring enables advisors to make incremental, tax‑loss harvesting adjustments throughout the year...

By InvestmentNews – ETFs
AICPA Auditing Standards Board Plans Future Projects
NewsMar 3, 2026

AICPA Auditing Standards Board Plans Future Projects

The AICPA Auditing Standards Board released its 2026‑27 work plan alongside a five‑year strategic roadmap through 2030. Key initiatives include a fraud‑focused standards update slated for Q3 2026, a sustainability attestation framework, and new guidance on audit confirmations. The board...

By Accounting Today
Upload All Your Tax Information to Grok, What Could Go Wrong?
NewsMar 3, 2026

Upload All Your Tax Information to Grok, What Could Go Wrong?

Elon Musk promoted xAI's Grok as a tool that can ingest and process users' tax documents, promising faster refunds. Early adopters claim the AI helped increase a refund by $1,400, though Grok explicitly states it does not provide tax advice....

By Going Concern
JLL Secures $36M Acquisition Financing for Chicago Industrial Portfolio
NewsMar 3, 2026

JLL Secures $36M Acquisition Financing for Chicago Industrial Portfolio

JLL arranged $35.6 million in acquisition financing for a 411,781‑square‑foot Chicago infill industrial seed portfolio comprising four shallow‑bay assets. The financing backs a newly formed joint venture between Matterhorn Venture Partners and TPG Angelo Gordon U.S. Real Estate, which has pledged...

By Connect CRE
Luxury Movie Theater Chain iPic Files for Bankruptcy
NewsMar 3, 2026

Luxury Movie Theater Chain iPic Files for Bankruptcy

Luxury cinema chain iPic Theaters has entered Chapter 11 bankruptcy protection, reporting a $20 million loss on $112.5 million revenue and assets between $10 million and $50 million. The filing follows a steep decline in ticket sales, heightened competition from streaming services, and lingering effects...

By The Hollywood Reporter (Business)
PayPal and TCS Blockchain Modernize Logistics Payments
NewsMar 3, 2026

PayPal and TCS Blockchain Modernize Logistics Payments

PayPal and TCS Blockchain have partnered to launch a blockchain‑based payment platform that uses PayPal USD (PYUSD) stablecoin to settle freight invoices. The solution promises same‑day, year‑round settlement and cost reductions of up to 90% compared with traditional invoice factoring....

By PYMNTS
From Operations to Orchestration: The CSCO’s Nexus Role in a Synergistic C-Suite
NewsMar 3, 2026

From Operations to Orchestration: The CSCO’s Nexus Role in a Synergistic C-Suite

The chief supply chain officer (CSCO) is transitioning from a traditional logistics and cost‑control role to an enterprise‑wide orchestrator, linking finance, technology, and marketing. This evolution, termed "Nexus Leadership," reflects the need for coordinated execution across the C‑suite in an...

By Supply Chain Management Review (SCMR)
Small Businesses Raised Pay Slightly in February
NewsMar 3, 2026

Small Businesses Raised Pay Slightly in February

Paychex’s Small Business Employment Watch shows hourly earnings at small firms rose 2.78% in February, staying below the 3% mark for the 16th straight month. Weekly hours worked slipped 0.24%, marking a negative trend for 58 of the past 60...

By Accounting Today
Billtrust Debuts Agentic Credit to Catch Payment Risks
NewsMar 3, 2026

Billtrust Debuts Agentic Credit to Catch Payment Risks

Billtrust announced the Agentic Credit Lines product, an AI‑driven credit risk tool embedded in its AR workflow. It leverages a proprietary network of 13 million buyers and 25 years of B2B payment data to analyze payment history, utilization patterns, and external credit...

By PYMNTS
MSRB Reform Bill Would Reverse Dodd-Frank Majority Public Mandate
NewsMar 3, 2026

MSRB Reform Bill Would Reverse Dodd-Frank Majority Public Mandate

Senator John Kennedy introduced the Municipal Securities Rulemaking Board Reform Act of 2026, aiming to shift the MSRB’s governance to a majority of regulated representatives and tighten SEC oversight. The proposal would replace the current Dodd‑Frank‑mandated public‑representative majority with a...

By The Bond Buyer (municipal finance)
Astnex Reviews: A Professional Approach to Crypto Trading Organization
NewsMar 3, 2026

Astnex Reviews: A Professional Approach to Crypto Trading Organization

Astnex positions itself as a professional crypto‑trading hub, offering ultra‑fast order execution, a stable 24/7 platform, and access to more than 300 digital assets. The broker couples high leverage—up to 200:1—with built‑in risk‑management alerts and automatic margin calls. Users benefit...

By The European Financial Review
Nevada Implements Licensure Changes
NewsMar 3, 2026

Nevada Implements Licensure Changes

Nevada's legislature approved a new CPA licensure pathway, effective Feb. 27, 2026. The regulation adds a third option—bachelor’s degree, two years experience, and passing the CPA exam. SB437 shifted licensing rules from statute to regulation, avoiding gubernatorial approval. The change aligns Nevada...

By Accounting Today
CRC Reports Core Profit Declined by 6% in 2025
NewsMar 3, 2026

CRC Reports Core Profit Declined by 6% in 2025

Central Retail Corporation Plc (CRC) posted a 6% drop in core profit to 7.43 billion baht for 2025, even as total revenue rose 4% to 253 billion baht. The fourth quarter showed a 17% profit increase to 2.73 billion baht, driven by strong...

By Bangkok Post – Investment (subset within Business)
International Finance Watchdog Warns Stablecoins Are Increasingly Used in Sanctions Evasion and Money Laundering
NewsMar 3, 2026

International Finance Watchdog Warns Stablecoins Are Increasingly Used in Sanctions Evasion and Money Laundering

The Financial Action Task Force (FATF) released a 42‑page report warning that stablecoins have become the most frequently used virtual asset in illicit transactions, including sanctions evasion by Iran and North Korea. It cited data showing stablecoins accounted for 84%...

By CoinDesk
Stop Payment Fraud Before It Starts
NewsMar 3, 2026

Stop Payment Fraud Before It Starts

Automated bank account verification protects AP departments from payment fraud. Fraudsters now use AI‑generated emails and deep‑fake audio to hijack bank‑change requests, leading to costly losses. Real‑time verification confirms account ownership, status, and matches supplier data while creating an immutable...

By Accounting Today
As Claude Expands Into Finance, Outage Raises Risk Questions
NewsMar 3, 2026

As Claude Expands Into Finance, Outage Raises Risk Questions

Anthropic’s Claude suffered a widespread login outage early this week, while the API remained functional. The disruption arrived as Claude topped Apple’s App Store and the company amplified its "Claude for Financial Services" push, embedding the model in Excel, PowerPoint,...

By CFO.com
5 Signs Small Business Owners Have ‘Financial Imposter Syndrome’ and How to Beat It
NewsMar 3, 2026

5 Signs Small Business Owners Have ‘Financial Imposter Syndrome’ and How to Beat It

Small business owners face heightened stress in Q1 as tax deadlines, post‑holiday cash flow tightness, and goal‑setting converge, often triggering financial imposter syndrome. The condition makes founders mistake bookkeeping gaps for a lack of business talent, leading to avoidance, over‑work,...

By CPA Practice Advisor
IDB Invest Approves Financing for Genneia to Strengthen Argentina’s Energy Security
NewsMar 3, 2026

IDB Invest Approves Financing for Genneia to Strengthen Argentina’s Energy Security

IDB Invest is extending up to $185 million in financing to Argentine renewable leader Genneia to develop four solar parks and a 40 MW battery storage system. The solar projects total 340 MW across Mendoza, San Juan and Buenos Aires provinces, while the battery will...

By IDB Invest – News
How Data Analytics Is Transforming Modern Risk Assessment
NewsMar 3, 2026

How Data Analytics Is Transforming Modern Risk Assessment

Data analytics is reshaping risk assessment from a reactive practice into a predictive science across finance, insurance, healthcare, and transportation. Predictive modeling, machine‑learning, and real‑time dashboards now enable firms to forecast exposure, micro‑segment customers, and allocate capital with greater confidence....

By TechBullion
Accredited Official Statistics: GDP Deflators at Market Prices, and Money GDP March 2026 (Spring Statement)
NewsMar 3, 2026

Accredited Official Statistics: GDP Deflators at Market Prices, and Money GDP March 2026 (Spring Statement)

The Treasury published accredited official statistics on GDP deflators and money GDP on 3 March 2026. The dataset provides historical deflator outturns from the 1955‑56 financial year through 2024‑25, sourced from ONS series L8GG (financial years) and MNF2 (calendar years). Money GDP...

By HM Treasury – Atom feed
Why Do Experts Think Emerging Markets Will Outperform?
NewsMar 3, 2026

Why Do Experts Think Emerging Markets Will Outperform?

Emerging market equities delivered a 33.6% return in 2025, the strongest since 2017, outpacing the MSCI World’s 21.1% gain. Analysts cite continued dollar weakness, lower valuations, and AI exposure as catalysts for further outperformance into 2026. Inflows are expected as...

By MoneyWeek – All
Insightsoftware Launches AI Analytics Platform
NewsMar 3, 2026

Insightsoftware Launches AI Analytics Platform

Insightsoftware unveiled Simba Intelligence, an AI analytics platform that delivers deterministic insights directly from live enterprise data. The solution supports cloud, on‑premises, and hybrid environments through a zero‑data‑movement architecture, eliminating the need for data replication. It embeds audit trails, enterprise...

By Accounting Today
Fund Accountants Cite Manual Work Headaches Despite AI Gains
NewsMar 3, 2026

Fund Accountants Cite Manual Work Headaches Despite AI Gains

Fund accountants in private‑equity and venture‑capital firms still spend a large portion of their day on manual data entry, according to Dynamo Software’s 2026 Frontline Insight Report. While 78% now view AI and automation as major future drivers—up from 61%...

By CPA Practice Advisor
A High Bar for Evergreen Valuations
NewsMar 3, 2026

A High Bar for Evergreen Valuations

Evergreen private equity funds are under increasing pressure to maintain rigorous, real‑time valuations. General partners’ internal marks now feed directly into faster net asset value (NAV) calculations, accelerating reporting cycles. These valuations are bound by heightened legal obligations, requiring strict...

By Private Funds CFO
Florida International University Upgraded to AA by Fitch
NewsMar 3, 2026

Florida International University Upgraded to AA by Fitch

Fitch Ratings upgraded Florida International University's issuer default rating to AA, up from AA‑minus, and raised its parking‑revenue bonds to AA‑minus from A‑plus. The agency affirmed the dormitory‑revenue refunding bonds at A‑plus, while maintaining stable outlooks across all ratings. FIU’s...

By The Bond Buyer (municipal finance)
Mondelēz CEO Says M&A Is Harder as Acquisition Targets Become ‘Too Expensive’
NewsMar 3, 2026

Mondelēz CEO Says M&A Is Harder as Acquisition Targets Become ‘Too Expensive’

Food companies are increasingly turning to mergers and acquisitions to revive growth, pushing target valuations higher and making deals more expensive, Mondelēz International’s CEO warned. Mondelēz, which has completed about a dozen deals in the past decade, says reasonable pricing...

By Food Dive (Industry Dive)
Private Debt: Are We Seeing Cracks or Is There Still Opportunity?
NewsMar 3, 2026

Private Debt: Are We Seeing Cracks or Is There Still Opportunity?

The 2025 bankruptcies of subprime auto lender Tricolor Holdings and auto‑parts maker First Brands sparked heightened regulatory scrutiny of private credit, raising fears of systemic fraud. However, senior‑secured, first‑lien loans—backed by tangible collateral—remained largely insulated from the fallout, delivering strong...

By Advisor Perspectives
Illinois CPA Society Accepting Accounting Scholarship Applications
NewsMar 3, 2026

Illinois CPA Society Accepting Accounting Scholarship Applications

Illinois CPA Society (ICPAS) and the CPA Endowment Fund of Illinois have opened applications for 2026‑2027 scholarships, offering up to $5,000 to eligible accounting students in the state. The program includes separate awards for upper‑level undergraduates and graduates, community‑college transfers,...

By CPA Practice Advisor
The 2026 Fastest-Growing Firms
NewsMar 3, 2026

The 2026 Fastest-Growing Firms

Accounting Today’s 2026 Fastest‑Growing Firms list shows private‑equity‑backed firms dominate, with 23 of the 26 top performers receiving PE investment or platform support. Overall, 41% of the firms posted double‑digit growth, while 42 firms grew more than 20% year‑over‑year. Alan & James...

By Accounting Today
B&G Foods (BGS) Set to Report Q4 FY2025 Earnings After the Bell — Here’s What to Expect
NewsMar 3, 2026

B&G Foods (BGS) Set to Report Q4 FY2025 Earnings After the Bell — Here’s What to Expect

B&G Foods is set to report Q4 FY2025 results, showing a third straight year of revenue decline to an estimated $1.84 billion, down from $2.16 billion in FY2022. The company’s 15% dividend yield and over $2 billion of debt have drawn a consensus...

By AlphaStreet
Enrico Palmerino Explains Botkeeper's Fall
NewsMar 3, 2026

Enrico Palmerino Explains Botkeeper's Fall

Botkeeper, a venture‑backed accounting automation platform, shut down in February after a rapid loss of its core client base. CEO Enrico Palmerino explained that 30‑40% of revenue came from just ten large accounting firms, and a wave of mergers among...

By Accounting Today
EuroCrowd: Germany’s Investment Crowdfunding Market Remains Partially Realized at Best, Undermines Goal of ECSPR
NewsMar 3, 2026

EuroCrowd: Germany’s Investment Crowdfunding Market Remains Partially Realized at Best, Undermines Goal of ECSPR

EuroCrowd warns that Germany’s investment crowdfunding market is only partially aligned with the European Crowdfunding Service Provider Regulation (ECSPR). The country continues to rely on the Vermögensanlagengesetz (VermAnlG) and subordinated‑loan structures, creating a parallel regulatory channel that sidesteps ECSPR. As...

By Crowdfund Insider
Nidec Warns of $1.6B Charges From Accounting Scandal
NewsMar 3, 2026

Nidec Warns of $1.6B Charges From Accounting Scandal

Nidec Corp. warned it may record up to ¥250 billion ($1.6 billion) in impairment charges as a third‑party probe uncovered more than 1,000 accounting irregularities across its global subsidiaries. The scandal has triggered a wave of executive resignations, including the chairman, CFO...

By Accounting Today
Wyndham Hotels & Resorts Announces Appointment of Amit Sripathi as Chief Financial Officer
NewsMar 3, 2026

Wyndham Hotels & Resorts Announces Appointment of Amit Sripathi as Chief Financial Officer

Wyndham Hotels & Resorts announced that Amit Sripathi has been appointed chief financial officer, effective immediately, succeeding interim CFO Kurt Albert. Sripathi, who previously served as chief development officer for North America, brings deep finance, capital‑markets, and operational experience, having...

By Lodging Magazine
U.S. Government Targets Dirty Money in Housing for the First Time
NewsMar 3, 2026

U.S. Government Targets Dirty Money in Housing for the First Time

The U.S. Treasury’s FinCEN has launched the Residential Real Estate (RRE) Rule, mandating reporting of all‑cash residential property transfers to entities or trusts starting March 1, 2026. The rule closes a long‑standing AML loophole that let shell‑company purchases evade scrutiny, requiring title...

By World Property Journal
Red Lobster Hires Former P.F. Chang’s CEO as CFO
NewsMar 3, 2026

Red Lobster Hires Former P.F. Chang’s CEO as CFO

Red Lobster announced the appointment of Brad Hill as chief financial officer and executive vice president of transformation, alongside Kristen Briede as chief global development officer. Hill, who briefly served as P.F. Chang’s CEO in 2025, brings extensive finance and...

By Restaurant Dive (Industry Dive)
Independent Report: March 2026 Economic and Fiscal Outlook
NewsMar 3, 2026

Independent Report: March 2026 Economic and Fiscal Outlook

The Office for Budget Responsibility (OBR) released its March 2026 Economic and Fiscal Outlook, updating its projections for the UK economy and public finances. It now forecasts real GDP growth of just 0.3% in 2026, accelerating to 1.2% in 2027, while...

By HM Treasury – Atom feed
Policy Paper: Debt Management Report 2026-27
NewsMar 3, 2026

Policy Paper: Debt Management Report 2026-27

The UK Treasury released its Debt Management Report for fiscal year 2026‑27, detailing the government’s financing requirements and the instruments to be used. The paper defines the remits of the Debt Management Office and National Savings & Investments, including cash‑management...

By HM Treasury – Atom feed
Deloitte Signs Off on Anchorage Reserve Report for Tether’s USAT Stablecoin
NewsMar 3, 2026

Deloitte Signs Off on Anchorage Reserve Report for Tether’s USAT Stablecoin

Deloitte & Touche issued an independent attestation confirming that Anchorage’s USAT reserve report complies with the AICPA 2025 criteria for asset‑backed, fiat‑pegged tokens. The report, covering reserves as of Jan. 31, 2026, shows $17.6 million in assets backing 17.5 million USAT tokens, leaving a...

By Cointelegraph
Bloomberg Enhances Real-Time News Feeds Offerings with Customisable Capabilities for Trading and Risk Workflows
NewsMar 3, 2026

Bloomberg Enhances Real-Time News Feeds Offerings with Customisable Capabilities for Trading and Risk Workflows

Bloomberg has upgraded its real‑time news feeds by introducing tickerised, machine‑readable streams that can be customized by instrument, company or macro theme. The new service embeds proprietary sentiment models and granular metadata, delivering actionable signals directly into trading and risk‑management...

By The TRADE News – Markets/Derivatives Trading
Pet Valu Reports Q4 and Annual Financial Results, with Sales Growth, New Store Openings
NewsMar 3, 2026

Pet Valu Reports Q4 and Annual Financial Results, with Sales Growth, New Store Openings

Pet Valu Holdings reported a robust fourth‑quarter and full‑year 2025 performance, with system‑wide sales climbing 9.2% to $423.7 million and annual sales up 5.6% to $1.53 billion. The retailer opened 14 new stores, bringing its network to 863 locations, and posted adjusted...

By Retail Insider Canada
Dutch Insurer Achmea Pension & Life Hires CIO with Private Credit Focus
NewsMar 3, 2026

Dutch Insurer Achmea Pension & Life Hires CIO with Private Credit Focus

Achmea Pension & Life, a Dutch insurer, has appointed a new chief investment officer with a private‑credit focus. The hire coincides with a joint venture between Achmea and US private‑markets manager Sixth Street aimed at expanding and diversifying the insurer’s...

By Private Debt Investor
SoftBank’s $30 Billion OpenAI Bet Spurs S&P Credit Outlook Cut
NewsMar 3, 2026

SoftBank’s $30 Billion OpenAI Bet Spurs S&P Credit Outlook Cut

SoftBank Group announced an additional $30 billion investment in OpenAI, raising its stake to about 13 percent. S&P Global responded by moving SoftBank’s credit outlook from stable to negative, though the BB+ long‑term rating remains unchanged. The agency warned that the larger...

By The Hindu BusinessLine – Markets
One Tax Change that Could Improve Canada's Productivity and Benefit All
NewsMar 3, 2026

One Tax Change that Could Improve Canada's Productivity and Benefit All

Canada’s productivity has lagged its U.S. neighbour by roughly 20 percent per hour worked, prompting the Bank of Canada to call for urgent action. A key obstacle identified is the capital‑gains lock‑in effect, which discourages investors from selling appreciated assets. The...

By Financial Post — Personal Finance