eCommerce
‘Saks on Amazon’ Storefront Combines Curated Shopping and Fast Delivery
May 01, 2025

The new Saks on Amazon storefront offers the curated shopping experience and luxury fashion and beauty items associated with Saks Fifth Avenue together with the convenience and fast shipping offered by Amazon, Amazon said in a Thursday (May 1) blog post. Get the Full Story...

artificial intelligence
Accounting Firms Aim Higher as AI Handles the Heavy Lifting
May 01, 2025

Pinion Global, one of the nation’s largest midsize accounting partnerships, is betting that artificial intelligence (AI) can do more than crunch numbers. In March, the Denver-based firm added Adaptive AI, a platform that automates data capture and basic bookkeeping, to its technology stack after a...

Economy
Unemployment Claims Rise by 18,000, Higher Than Economists’ Forecasts
May 01, 2025

The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of Labor said in a Thursday (May 1) press release. The number reached 241,000, up from the previous week’s revised level...

Mobile
Revolut Aims to Take on Phone Providers With ‘Mobile Plans’
May 01, 2025

London-based FinTech Revolut is preparing to launch mobile phone plans. 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 this form, you...

ResTech
Toast Adds Intelligence Engine to Digital Technology Platform for Restaurants
May 01, 2025

Toast has added an intelligence engine called ToastIQ to its cloud-based digital technology platform for restaurants. 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...

Retail
Kohl’s Fires CEO Ashley Buchanan Over Personal Relationship With Company Vendor
May 01, 2025

Ashley Buchanan’s tenure as CEO of department store chain Kohl’s was short-lived. 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...

Digital Payments
Priority Begins Handling Ticket Sales for Professional Hockey’s Minnesota Wild
May 01, 2025

Priority Sports, a unit of payments and banking solution provider Priority, said it has been handling ticket sales transactions for the Minnesota Wild, a professional hockey team, since March. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

artificial intelligence
Nvidia Accuses Anthropic of Spinning ‘Tall Tales’ About Chip Restrictions
May 01, 2025

Nvidia has reportedly criticized Anthropic over its stance on U.S. chip export restrictions. 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....

Economy
Microsoft Raises Xbox Prices, Citing ‘Market Conditions’
May 01, 2025

Microsoft raised the recommended retailer pricing for its Xbox consoles and controllers worldwide, effective Thursday (May 1), and said it expects to raise the price of its new, first-party games starting during the holiday season. Get the Full Story Complete the form to unlock this...