Economy
CBO Says Government Shutdown Has Reduced Real GDP by $7 Billion
October 29, 2025

The Congressional Budget Office said Wednesday (Oct. 29) that the government shutdown could reduce real gross domestic product by between $7 billion and $14 billion, depending on how long the shutdown lasts. Get the Full Story Complete the form to unlock this article and enjoy...

Safety and Security
Microsoft Says ‘Problematic Configuration Change’ Caused Outage of Cloud Services
October 29, 2025

Microsoft said Wednesday (Oct. 29) that it is working on issues that have been causing service degradation on Microsoft 365 (Business or Enterprise) productivity apps and Microsoft Azure cloud computing services. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Santander’s US-Based Digital Banking Business Helps Drive Record Quarter
October 29, 2025

Santander says sustained customer growth and ongoing digital transformation helped drive a record quarter. 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...

Earnings
Adyen Gears Up for Agentic Commerce
October 29, 2025

Adyen is working with other industry leaders to develop standards for agentic commerce, and the company expects to be able to move quickly to implement a solution, Chief Financial Officer Ethan Tandowsky said Wednesday (Oct. 29). Get the Full Story Complete the form to unlock...

artificial intelligence
Etsy Focuses on ‘Harnessing AI’ as CEO Steps Aside
October 29, 2025

Etsy is continuing its focus on artificial intelligence (AI) as it names new leadership. 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...

Acquisitions
AOL Sold to Italian Tech Company Bending Spoons
October 29, 2025

Bending Spoons, an Italian technology company, has agreed to acquire AOL from Yahoo. 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...

Artificial Intelligence
Google Exec Sees New Era of Growth for AI and Healthcare
October 29, 2025

Healthcare organizations are moving from pilot projects to enterprise-scale deployment of artificial intelligence as hospitals automate high-volume workflows and expand digital capacity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cryptocurrency
Goldman and DBS Complete 1st-Ever OTC Interbank Crypto Options Trade
October 29, 2025

DBS and Goldman Sachs have conducted the first-ever over-the-counter cryptocurrency options trade between two banks. 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,...

Bank Regulation
Court Halts CFPB’s Open Banking Rule as Banks, FinTechs Await Rewrite
October 29, 2025

Open banking’s path toward implementation took another turn on Wednesday (Oct. 29) when the U.S. District Court for the Eastern District of Kentucky enjoined the Consumer Financial Protection Bureau from enforcing its Personal Financial Data Rights Rule — the regulation built on Section 1033 of...