Economy
Atlanta Fed Finds Business Inflation Expectations ‘Relatively Unchanged’ at 2.3%
August 20, 2025

Firms’ year-ahead inflation expectations remain “relatively unchanged” at 2.3%, on average, the Federal Reserve Bank of Atlanta said in a Wednesday (Aug. 20) press release about its August Business Inflation Expectations (BIE) Survey. Get the Full Story Complete the form to unlock this article and...

Retail
Claire’s Sells ‘Significant Number’ of Stores to PE Outfit
August 20, 2025

Claire’s says it is selling most of its North American business to a private equity firm. 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,...

Partnerships
Mastercard, Alloy Join Forces to Fight Fraud
August 20, 2025

Mastercard launched a partnership with identity and fraud prevention platform provider Alloy. 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...

Artificial Intelligence
Will Vibe Coding Spark a New Economy?
August 20, 2025

Vibe coding is the practice of using artificial intelligence (AI) to build applications by describing ideas in plain language. 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...

ResTech
DoorDash Adds Tiered Membership Packages to Commerce Platform for Restaurants
August 20, 2025

DoorDash has added tiered membership packages to its Commerce Platform program for restaurants and added a loyalty program, a website, and tools for email and SMS campaigns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Digital Sales Gains Can’t Save Target’s New CEO
August 20, 2025

There was a lot to digest on Target’s second-quarter 2025 earnings call Wednesday (Aug. 20), as the retail giant posted data that showed consumers pulling back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships
Amazon Teams With Hertz to Sell Used Cars
August 20, 2025

Hertz is turning to Amazon to expand its used cars business. 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...

Partnerships
Fifth Third Buys DTS Connex to Boost Cash Management
August 20, 2025

Fifth Third expanded the capabilities of its commercial payments business by acquiring DTS Connex, a provider of cash management software solutions for multi-location businesses like retailers, restaurants and healthcare providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
China Weighs Yuan-Pegged Stablecoins in Crypto Policy Reversal
August 20, 2025

China is reportedly considering whether to permit the use of yuan-backed stablecoins. 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...