BERLIN (Reuters) -The German cabinet wants to approve a first tax relief package to support companies on Wednesday, a spokesperson from the finance ministry said on Monday. The aim is to boost investment with favourable depreciation options for companies, including “super depreciations” of 30% per year for three years, a move that typically delays…

  Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. The recent downgrade to the US credit rating could be the tip of the proverbial iceberg. “I don’t know if we’re going to have a day of reckoning or a decade of reckoning,” Brookings Institution’s Ben…

NEWYou can now listen to Fox News articles! Progressive California Rep. Maxine Waters’ campaign has agreed to pay a $68,000 fine after an investigation found it violated multiple election rules.The Federal Election Commission (FEC) said the longtime House lawmaker’s 2020 campaign committee, Citizens for Waters, ran afoul of several campaign finance laws in a tranche…

Streamlined navigation, Bill Pay, and interactive dashboards arriving to customers on June 3,  2025, with generative and predictive AI enhancements forthcoming AUSTIN, TX, June 2, 2025 (Newswire.com) – Consero Global, the pioneer of Finance as a Service (FaaS), announced major user interface (UI) enhancements to SIMPL®, its cloud-based finance and accounting platform. The new release pairs…

  In May, economic activity in the US manufacturing sector contracted further. The Institute for Supply Management’s (ISM) manufacturing PMI registered a reading of 48.5 in May, up from April’s reading of 48.7. Readings above 50 for this index indicate an expansion in activity, while readings below 50 indicate contraction. The manufacturing sector has been…

The world is entering a new age for nuclear energy, as developing nations like India, Argentina, Egypt, and Pakistan consider adding nuclear power to their energy mix to rapidly increase domestic energy access. Multilateral development banks (MDBs) are in a position to enable this expansion of energy in their mission to help developing economies achieve…

00:00 Speaker A First up, US stocks kicking off the month in the red. The week starts the month, coming after the S&P 500 closed out its best May since 1990. Of course, that coming amid strong tech earnings on Wall Street and an easing in trade tensions. But for investors wondering how June typically…

CFO initiativesCPO alignment strategies – ActionsProcurement KPIsImprove financial reporting and analytics:CFOs are enhancing financial reporting by integrating real-time data and advanced analytics to improve transparency and enable faster decision making.Use procurement data to provide realized savings, supplier performance and compliance metrics for financial transparency. Enhance FP&A and financial reporting by providing accurate spend data, contract…