The median price of an existing U.S. home jumped 14.8% year over year in May to a record-setting $407,600, even as higher mortgage interest rates continue to add complexity to the market for buyers, according to a report in The Wall Street Journal Tuesday (June...
Carsome Group is putting off plans to dual list as a publicly traded company on exchanges in the United States and Singapore because executives are concerned a decline in global financial conditions could reduce valuations for the used-car marketplace, Bloomberg reported Tuesday (June 21). Get...
As ultrafast grocers’ challenges continue, leading players around the world are beginning rounds of major layoffs. 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...
With a slew of earnings reports in the rearview mirror, and on the horizon, whether from big banks, the payment networks or the digital upstarts, a few common themes and conversations dominate. Get the Full Story Complete the form to unlock this article and enjoy...
The month of March marked the ongoing return to pre-pandemic consumer spending, Mastercard said Wednesday (April 6) in its Spending Pulse report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Apple and chipmaker Qualcomm have been bumped from J.P. Morgan’s list of most-preferred stocks, analysts said Friday (April 1), as demand continues to slow for smartphones, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Shares of the online payment processing platform Paysafe plunged to a record low Thursday (Nov. 11) after disappointing third quarter revenues were reported, due in part to challenges in the digital wallet business, and lowered its profit forecasts for the year. Get the Full Story...
Direct listings have been having trouble living up to the hype as several recent ones have slumped, Bloomberg reported. 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...
The day traders buoying GameStop stocks are now moving into special purpose acquisition companies (SPACs), The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
