FEI Weekly

October 30, 2014

U.S. GDP sees 3 percent growth, CFO salary growth trails CEOs, and Tesco accounting prompts criminal probe.

Businesses, Trade To Support U.S. Third-Quarter Growth

Reuters

A robust pace of business spending likely buoyed U.S. economic growth in the third quarter, a sign corporate chieftains have confidence in the sustainability of the recovery.

CFO Salary Increases Lag CEO’s

Wall Street Journal (Subscription)

Finance chiefs saw their salaries grow 8 percent between spring of 2012 and 2013, but their bosses out-earned them with a 13 percent surge, according to a study released Wednesday.

Criminal Investigation Launched Into Tesco’s Accounting

The Guardian

The UK's Serious Fraud Office has joined inquiries by two financial watchdogs into retailer's profit overstatement.

Why CFOs Should ‘Own’ Analytics

CFO

Finance chiefs, the impartial guardians of the truth, can use analytics to debunk myths or accepted wisdom that hold the company back.

Fed Looks Toward Debate on Raising Rates as Quantitative Easing Ends

Washington Post

The Federal Reserve closed a chapter in its long-running stimulus campaign on Wednesday and pivoted to the even bigger challenge of deciding when to raise interest rates after six years of easy money.