The wallets are open, but the runway is getting shorter. Consumer spending in March continued to outpace income growth, with rising energy costs and everyday necessities absorbing a larger share of household income and leaving Americans with less financial flexibility than a year ago. Get...
The Conference Board’s Leading Economic Index (LEI) declined by 0.6% in March amid higher oil prices and stressed supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Polymarket has approached the Commodity Futures Trading Commission (CFTC) to seek an end to the current prohibition that keeps U.S. customers from accessing its prediction market platform, Bloomberg reported Tuesday (April 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
JPMorgan Chase’s CEO is reportedly warning of the possibility of a worse-than-anticipated credit market downturn. 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,...
Among traders on Polymarket’s prediction market platform, there are almost twice as many who have lost at least $1,000 as there are who have made that much, Bloomberg reported Tuesday (April 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Greenlight Commodities executed an institutional prediction market trade over the counter on the Kalshi platform, it said in a Monday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Retail spending surprised analysts with an upswing in March, but the headline strength came with a familiar caveat: higher prices at the pump did much of the heavy lifting, even as underlying demand held together. Online sales continued to show momentum, as well. Get the...
The increases in corporate borrowing reported by U.S. banks last week suggest parts of the economy are remaining resilient amid current pressures, Reuters reported Monday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Coinbase has launched a marketplace designed to help developers and artificial intelligence (AI) agents discover, compare and integrate tools for autonomous commerce enabled by the x402 protocol. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
