Chief financial officers grew more optimistic about their own firm in the second quarter even as they got less optimistic about the overall U.S. economy, according to the latest CFO Survey released Wednesday (June 24) by the Federal Reserve Bank of Richmond, in collaboration with...
Polymarket reportedly paid content creators to film themselves making fake trades and scoring phony wins. 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,...
Citigroup changed its expectations for a Federal Reserve interest rate cut, Reuters reported Thursday (June 18). 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...
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...
