Amazon
Amazon Sellers Hike Prices Over Returns Fees and Fraud
June 22, 2025

Amazon’s returns policy has reportedly become a sore point for some of the company’s sellers. 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,...

artificial intelligence
Apple Reportedly Mulling Perplexity Purchase to Bolster AI Offerings
June 22, 2025

Apple has reportedly held in-house talks about acquiring artificial intelligence (AI) startup Perplexity AI. 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...

Retail
Labubu Is Becoming Its Own Asset Class
June 21, 2025

If you’ve scrolled through Instagram lately or wandered the halls of Art Basel, you’ve likely spotted a wide-eyed, snaggle-toothed gremlin dangling from a Hermès Birkin or peeking out of a Balenciaga tote. Meet Labubu. Get the Full Story Complete the form to unlock this article...

artificial intelligence
Applebee’s and IHOP to Deploy AI-Powered Tech Support and Personalization
June 20, 2025

Restaurant chains Applebee’s and IHOP will reportedly begin using artificial intelligence (AI) tools for both customer-facing and back-of-house tasks. 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...

Politics
Credit Card Competition Act Not Part of GENIUS Bill, But Swipe Fee Debate Endures
June 20, 2025

The debate over regulation of the credit card industry will likely linger no matter what the fate of the Credit Card Competition Act (CCCA) might be.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Polestar Secures $200 Million Equity Investment and Prepares to Launch New Electric Vehicles
June 20, 2025

Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shufu Li. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

artificial intelligence
Nvidia and Foxconn Aim to Use Humanoid Robots in AI Server Factory
June 20, 2025

Humanoid robots could reportedly begin helping assemble Nvidia artificial intelligence servers at a factory in Houston by the first quarter of 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
Senate Parliamentarian Deals Setback to Proposal to Defund CFPB
June 20, 2025

Republicans’ plan to defund the Consumer Financial Protection Bureau (CFPB) as part of President Donald Trump’s tax and spending bill, the “Big, Beautiful Bill,” has suffered a setback by the Senate parliamentarian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
June 20, 2025

Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. 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...