Business

Get the latest breaking news and top news headlines at PYMNTS.com

Stablecoin Issuer Tether Says Audit of Reserves Is ‘Top Priority’

Stablecoin Issuer Tether Says Audit of Reserves Is ‘Top Priority’
Stablecoin Issuer Tether Says Audit of Reserves Is ‘Top Priority’
March 21, 2025  |  Blockchain

Stablecoin issuer Tether is reportedly talking with one of the Big Four accounting firms about doing an audit of its reserves. Tether CEO Paolo Ardoino said an...

READ MORE >
Threat of Tariffs Forces 65% of CFOs Into Supplier Showdowns
Threat of Tariffs Forces 65% of CFOs Into Supplier Showdowns
March 20, 2025  |  CFO

Ongoing global trade battles have caught America’s mid-sized companies in their crossfire. Unlike multinational giants with deep pockets, and small businesses able to pivot quickly,...

READ MORE >
Business Inventories Rose in January Amid Expected Slowdown in Sales
Business Inventories Rose in January Amid Expected Slowdown in Sales
March 17, 2025  |  Economy

Business inventories increased in January, ending the month 0.3% higher than a month earlier and 2.3% higher than a year earlier. The 0.3% gain seen...

READ MORE >
45% of Executives Say Uncertainty Has Led to Diminished Profits
45% of Executives Say Uncertainty Has Led to Diminished Profits
March 04, 2025  |  Business

Middle-market companies are confronted with a volatile business environment that challenges their ability to make informed decisions and maintain competitive positions. According to the PYMNTS...

READ MORE >
Ramp Valued at $13 Billion in Secondary Share Sale
Ramp Valued at $13 Billion in Secondary Share Sale
March 03, 2025  |  Investments

Financial operations platform Ramp said in a Monday (March 3) press release that the company was valued at $13 billion when new and existing investors purchased Ramp secondaries...

READ MORE >
Bank of America: Corporate Sentiment Reaches Highest Level Since 2004
Bank of America: Corporate Sentiment Reaches Highest Level Since 2004
February 10, 2025  |  Business

Bank of America’s Corporate Sentiment Score reportedly reached its highest level since the bank began recording it in 2004. Based on an analysis of the number...

READ MORE >
Walmart Canada to Build Dozens of Stores and Sell Fleet Business
Walmart Canada to Build Dozens of Stores and Sell Fleet Business
January 30, 2025  |  Retail

Walmart Canada said Thursday (Jan. 30) that it will build dozens of new stores across the country over the next five years and that it...

READ MORE >
Tesla Points to Energy, Robotics Businesses as EV Sales Plummet
Tesla Points to Energy, Robotics Businesses as EV Sales Plummet
January 29, 2025  |  Earnings

Tesla is at a crossroads, one that the electric vehicle (EV) maker with autonomy dreams may not be able to “full self-drive” (FSD) its way...

READ MORE >