Connected Economy

Connected Economy
53% of Consumers Say They Are Financially Worse Off Than Last Year
August 05, 2022

Inflation runs rampant, at levels not seen in decades.   Earnings reports continue to roll in, complete with cautious management commentary: Though consumers are still spending, taking reserves against anticipated loan losses seems the prudent thing to do. Get the Full Story Complete the form to...

Connected Economy
Today in the Connected Economy: Amazon Buys iRobot, Partners With Veritone
August 05, 2022

Today in the connected economy, Amazon pays $1.7 billion to acquire Roomba-maker iRobot, part of the company’s effort to boost its smart home offerings. Plus, Amazon and its cloud company Amazon Web Services (AWS) extend their partnership with the artificial intelligence (AI) firm Veritone, and...

Connected Economy
2 in 3 Paycheck-to-Paycheck Consumers Prefer to Pay Drs. With Credit
August 04, 2022

What can payments preference tell us about differences in healthcare consumers? In basic terms, those on a solid financial footing stick to the familiar — credit cards mostly — while struggling paycheck-to-paycheck consumers and younger generations are trying out new ways to pay, primarily mobile...

Connected Economy
Today in the Connected Economy: Consumer Spending up, JCPenney’s Makeover
August 04, 2022

Today in the connected economy, higher prices and growing demand lead to an increase in consumer spending in July. Also, JCPenney reinvents itself as a digital-savvy retailer thanks to its customers’ smartphone use, and delivery services Gopuff and Instacart unveil new offerings. Get the Full...

Connected Economy
NEW STUDY: Inflation Causes Widespread Digital Pullback by Financially Strapped Consumers
August 04, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Connected Economy
Today in the Connected Economy: Grubhub’s Amazon Bid Pays Off
August 03, 2022

Today in the connected economy, Grubhub reaps the benefits of its investment in Amazon, with its parent company’s CEO saying orders have accelerated since the partnership began. Plus, the Commodity Futures Trading Commission (CFTC) gains an edge over rival regulator the Securities and Exchange Commission...

Connected Economy
Today in the Connected Economy: Ulta Expands Tie-up With The Honest Company
August 02, 2022

Today in the connected economy, The Honest Company continues its foray into the world of physical retail with an expanded Ulta collaboration. Plus, food delivery and payments tech company Waitr rebrands as ASAP as it launches a partnership with the New Orleans Saints, and Drexel...

Connected Economy
Today in the Connected Economy: Amazon Unveils Same-Day Local Retail Deliveries
August 01, 2022

Today in the connected economy, Amazon offers Prime members same-day delivery from a slate of local retail stores around the country. Plus, the founder of Ethereum casts doubt on Meta’s ability to launch a metaverse, and Tiffany & Co. ventures into the world of non-fungible...

Connected Economy
CE100 Index Jumps 8.9% in July as Sezzle, Amazon Lead Gains
August 01, 2022

A wild and wooly ride, indeed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...