The cutback economy is proving less about consumer retreat than consumer prioritization. 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...
Kalshi has reportedly built an artificial intelligence (AI) agent designed to help run its prediction market. 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...
Americans are still spending on discretionary items, despite inflation, higher gas prices and the concern about affordability they share with researchers, Bank of America CEO Brian Moynihan told NBC News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Gary Gensler, a former chairman of the Commodity Futures Trading Commission (CFTC), disagrees with the current CFTC on the issue of sports betting versus swaps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Inflation accelerated in May, and while energy prices continue to grab headlines, shelter, food and services, categories that account for a large share of recurring household expenses, continued to climb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
JPMorgan Chase’s consumer and community banking chief said the lender is keeping an eye on consumer health. 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...
Small business job creation plans fell to a six-year low in May, driven by war-related oil prices and uncertainty, according to the National Federation of Independent Business (NFIB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
More households are feeling worse about their financial situation, the Federal Reserve Bank of New York said in a Monday (June 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The labor market remains resilient, though there were signs in May that employment may decrease in the coming months, The Conference Board said in a Monday (June 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...