Jennifer Huddleston, technology policy research fellow at the Cato Institute, told PYMNTS that regulators must take a careful approach as they examine artificial intelligence (AI). “We’ve seen a sudden advance in AI — and a sudden advance, too, in the conversations about policy surrounding artificial...
The U.S. Postal Service (USPS) has launched a new shipping offering designed to let customers send packages within a delivery window of two to five days across the continental United States. The new USPS Ground Advantage is a part of the Postal Service’s 10-year “Delivering America”...
As consumers struggle with high prices, Walgreens is working to woo its loyalty program members. The pharmacy chain on Monday (July 10) announced “myW Days,” a weeklong event — July 23-29 — for members of its myWalgreens program offering rewards and savings on all items in-store, online and...
eCommerce giant MercadoLibre could feel a pinch from Brazil’s new tax rules. As Seeking Alpha reported Monday (July 10), Bank of America has lowered its rating on the company with the advent of a rule change that exempts cross-border eCommerce purchases of $50 or less from a 60% tariff...
While much of the world deals with inflation, China has the opposite problem. The country’s economy reached the edge of deflation last month, the Financial Times (FT) reported Monday (July 10), triggering calls for the government to issue a robust stimulus package as China’s economic recovery stumbles....
HCA Healthcare has disclosed a data security incident. The Nashville-based healthcare provider, which has 180 hospitals and 2,300 ambulatory sites of care in 20 states and the United Kingdom, said in a Monday (July 10) press release that the incident involves information about patients that...
Banks both big and small will face tougher rules following this year’s banking crisis. That was the message from Michael Barr, the Federal Reserve’s vice chairman for supervision, in a speech Monday (July 10). “Events over the past few months have only reinforced the need for humility and...
Citi has launched a “single entry point” digital platform aimed at its commercial banking clients. The platform, dubbed CitiDirect Commercial Banking, gives customers a better view of their banking activity with Citi in terms of cash, loans, trade, foreign exchange and onboarding, according to a Monday (July...
So far, 2023 has not been a good year for the Chinese IPO (initial public offering) market. As Reuters reported Monday (July 10), IPO applications in that country dropped by a third in the first half of the year, with candidates scared off by a rocky earnings...
