artificial intelligence
Insurers Begin Covering AI Mishap-Related Losses
May 11, 2025

Lloyd’s of London has debuted an insurance product for companies dealing with artificial intelligence (AI)-related malfunctions. 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...

IPO
Shein’s Derailed Listing Has UK Investors Looking at ‘Notable IPOs’
May 11, 2025

With Shein’s IPO in limbo, U.K. investors are reportedly seeking a new hope. 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....

artificial intelligence
Apple and Google Investors Fret as ChatGPT Gains Search Ground 
May 11, 2025

Investors in Apple and Google are reportedly uneasy about the growing popularity of artificial intelligence (AI) search. 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...

Earnings
‘Uncertainty’ Talk on Earnings Calls Jumps 49% on Tariff Concerns
May 11, 2025

The specter of tariff-related uncertainty continues to haunt corporate quarterly earnings calls. 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...

The Weekender
The Wild World of Post-Grad Side Hustles
May 10, 2025

The hallowed halls of academia are launchpads, or so the brochures promised. Capstone projects defended, futures forged and a shiny new degree clutched in a hopeful hand. But for a growing number of recent college graduates, that launchpad feels less like a step toward the...

Politics
Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
May 09, 2025

Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation Roundup
CFPB Halts Enforcement of 67 Guidance Documents Pending Review
May 09, 2025

The Consumer Financial Protection Bureau (CFPB) said Friday (May 9) that it is withdrawing 67 guidance documents issued by the agency since it opened its doors in 2011. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
May 09, 2025

Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels. The private credit firms — including venture capital companies, buyout funds, hedge funds, direct lenders and others — are in...

artificial intelligence
Senator Grills OpenAI CEO on View that AI Could Eliminate Up to 70% of Jobs
May 09, 2025

OpenAI CEO Sam Altman was grilled by a Democratic senator this week about his view that up to 70% of jobs could be eliminated by AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...