April 29, 2023
As TikTok Is Squeezed, ByteDance Makes Lemon8
Lemon8, the sibling app of TikTok, is steadily growing its user base while TikTok faces challenges on Capitol Hill and the first state-approved measure to ban it. The Lemon8 app,...
April 28, 2023
Economic Data Shows Inflation Still Threatens Discretionary Spending
Inflation is cooling, but its stubborn entrenchment is leading consumers to reconsider where and even whether to spend their dollars. The Bureau of Economic Analysis reported Friday (April 28) that...
April 28, 2023
RV Marketplace Outdoorsy Sees Record Bookings and 76% New Users
As peak summer travel season closes in fast and with flights, hotels and restaurant prices all inflated, more people are opting to ditch that model and rent a recreational vehicle...
April 28, 2023
Shipt Sees Same-Day Delivery Opportunity in Business Travelers
Shipt is seizing on business travelers’ demand for familiarity to drive same-day delivery adoption. In an interview with PYMNTS, Alex Ross, vice president of business development at the Target-owned aggregator...
April 28, 2023
Junkyard Dogs: The Law and Economics of “Junk” Fees
The notion of “junk” fees is a fine piece of rhetoric, but useless as an analytical tool. Many fees identified as junk impose costs on consumers who generate those costs...
April 28, 2023
The War on So-Called “Junk Fees”: Who’s Fighting and What’s...
It’s easy to decry “junk fees,” and both the Federal Trade Commission (“FTC”) and the Consumer Financial Protection Bureau (“CFPB”) have done just that by launching multi-faceted regulatory initiatives to...
April 28, 2023
President Biden Joins Federal Agencies Fighting Against Surprise Fees Harming...
The fight over junk fees has escalated in the last few years. Corporate efforts to maximize revenue by hiding price increases have drawn opposition from one of our oldest consumer...
April 27, 2023
FinTech IPO Index Slides 5.4% Led by MoneyLion
The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the past five sessions. The company said...
April 27, 2023
Amazon’s Third-Party Seller Services Segment Logs 20% Growth
Amazon’s results showed slowing eCommerce growth, but the firm logged double-digit gains in third-party seller services as it continues to build out its ecosystem. As detailed in the company’s earnings...