FTX Pursuing Judicial Intervention in $440M Robinhood Shares Battle

FTX Pursuing Judicial Intervention in $440M Robinhood Shares Battle
FTX Pursuing Judicial Intervention in $440M Robinhood Shares Battle
December 23, 2022  |  Cryptocurrency

FTX Group is searching for judicial intervention in its battle to retain its Robinhood shares. The company reached out to a U.S. bankruptcy judge on Thursday (Dec....

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US Inflation Rate Slows in November as Prices Rise 0.1%
US Inflation Rate Slows in November as Prices Rise 0.1%
December 23, 2022  |  Economy

The U.S. inflation rate slowed in November, with prices rising just 0.1%. The Bureau of Economic Analysis (BEA) also reported Friday (Dec. 23) that the personal consumption expenditures (PCE)...

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EU Watchdog Probes Twitter for 5.4 Million User Data Breach
EU Watchdog Probes Twitter for 5.4 Million User Data Breach
December 23, 2022  |  Legal & Regulation

Ireland’s Data Protection Commission is looking into Twitter after a 5.4 million user data breach. The commission released a statement Friday (Dec. 23) that it...

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India’s PhonePe Officially Separates From Flipkart
India’s PhonePe Officially Separates From Flipkart
December 23, 2022  |  Retail

India-based eCommerce platform Flipkart has parted ways with the digital payments platform PhonePe. The companies announced the severing of their ownership in a Friday (Dec....

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2023 Will Be the Year of Grocery Shopping
2023 Will Be the Year of Grocery Shopping
December 23, 2022  |  Retail

As inflation causes consumers to crimp spending, grocery shopping is seen coming out on top. With many consumers cutting out unnecessary purchases, the supermarket value...

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PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers
PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers
December 23, 2022  |  Credit Unions

By all accounts, American consumers are feeling the economic strain. More than half of Americans earning less than $50,000 annually are now living paycheck to...

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What Is the Digital Economy?
What Is the Digital Economy?
December 23, 2022  |  Connected Economy

The digital economy is economic activity using the internet and other digital technologies. It encompasses the production, distribution, and consumption of goods and services that...

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Christmas Tree Farm Finds Green in Digital Ordering and Delivery
Christmas Tree Farm Finds Green in Digital Ordering and Delivery
December 23, 2022  |  eCommerce

For most people, a Christmas tree is a bulky, perishable item that is best acquired locally. But for Wes Brown, founder of the D2C site...

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Record-Breaking Holiday for Online Grocery Shopping Holds New Year Clues
Record-Breaking Holiday for Online Grocery Shopping Holds New Year Clues
December 23, 2022  |  Retail

This year, Ahold Delhaize is seeing holiday shoppers flock to online grocery like never before. The U.S. arm of the grocer, which encompasses thousands of stores across...

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