July 11, 2023
The Great Remote Workforce Divide Gets Wider
This next installment of PYMNTS’ mini-series on consumer behaviors popularized during the pandemic demonstrates that workers may be in no rush to return to the office. The rate of employees...
July 10, 2023
Walmart Goes Back in Time With Back-to-School Prices
Walmart is letting parents shop for the 2023 school year at 2022 prices. “With 80% of customers expecting to spend more on supplies this year, …we’re excited to offer the school supply basket...
July 10, 2023
Big Banks’ Loan Losses Spike as Credit Card Charge-Offs Rise
America’s big banks are due to report their largest increase in loan losses since the pandemic. As the Financial Times reported Monday (July 10), analysts project the six largest banks...
July 07, 2023
FinTech IPO Index Slips 1% as Affirm Sinks on Analyst...
The job numbers came in hot. The Fed looks set to raise rates. And the interest rate-sensitive names in the FinTech IPO Index took a bit of a hit. In...
July 06, 2023
KeyBank Launches Homebuyer Assistance Program for Underserved Communities
KeyBank has launched a homebuyer assistance program for underserved communities. The new KeyBank Neighbors First Credit program provides credits of up to $5,000 to help homebuyers in underserved communities in Florida...
July 06, 2023
Table for Two and a Half: Restaurants Add Handbag Stools
Middle-tier restaurants have found a new way to emulate the trappings of fine dining — adding stools for handbags — but as higher-end restaurants strain under the pressure of inflation,...
July 05, 2023
O’Melveny & Myers Nabs Partner From Shearman & Sterling
On Wednesday, law firm O’Melveny & Myers announced the recruitment of real estate finance lawyer Malcolm Montgomery from Shearman & Sterling. This brings the total number of partners from Shearman...
June 29, 2023
84% of Real Estate Firms Would Replace Checks With Real-Time...
Major real estate firms are just about ready to replace time-consuming, old-fashioned methods of sending and receiving money with real-time payments. For PYMNTS’ study “Corporate Changes in B2B Payment Practices:...
June 29, 2023
Parents Up Back-to-School Spending Despite Inflation’s Hard Lessons
A shaky economic landscape is no match for parents determined to discover back-to-school shopping bargains. That’s according to research released this week by commercial real estate/investment management firm JLL, showing...
