News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

(source: pymnts.com)

Retailers Grapple With Mounting Pressures as Middle Class Takes a Hit
Retailers Grapple With Mounting Pressures as Middle Class Takes a Hit
March 08, 2024  |  Retail

As ongoing economic pressures shrink the middle class, retailers are being challenged to either cut prices and step up their deals and discounts or make...

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Healthcare, Government Lead February Job Gains
Healthcare, Government Lead February Job Gains
March 08, 2024  |  Economy

Healthcare and government employment led the U.S. economy’s job gains in February. These sectors led the pack as total nonfarm payroll employment increased by 275,000 in February,...

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How Google’s AI Spam Crackdown Will Affect Businesses
How Google’s AI Spam Crackdown Will Affect Businesses
March 08, 2024  |  Google

Google’s revision of its spam policy to exclude artificial intelligence (AI)-generated clickbait from search results is poised to benefit companies focused on creating high-quality, user-centric...

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Oura Launches Amazon Brand Store for Smart Rings
Oura Launches Amazon Brand Store for Smart Rings
March 08, 2024  |  Retail

Oura has begun selling its smart rings on Amazon. The company is offering its Oura Ring Horizon and Oura Ring Heritage, as well as the...

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Retailers Win in Online Grocery
Retailers Win in Online Grocery
March 08, 2024  |  Retail

When consumers buy groceries online, they place their trust in retailers, not marketplaces. By the Numbers The PYMNTS Intelligence report “How Preferred Payment Availability Can...

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HelloFresh Stock Falls to Record Low After Projecting Lower Profit
HelloFresh Stock Falls to Record Low After Projecting Lower Profit
March 08, 2024  |  Stock Index

Meal-kit company HelloFresh saw its stock plummet Friday (March 8) in its largest single-day decline since debuting on the market in 2017. The company’s shares dropped to...

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This Week in AI: Ethics, Chips and Small Business Investments
This Week in AI: Ethics, Chips and Small Business Investments
March 08, 2024  |  Artificial Intelligence

This week in artificial intelligence (AI) news, more companies are pushing for an ethical use of the technology, while a new partnership aims to develop...

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Report: Shein to be Subjected to DSA Rules
Report: Shein to be Subjected to DSA Rules
March 08, 2024  |  Regulation

Fast-fashion giant Shein is reportedly facing scrutiny under the European Union’s Digital Services Act (DSA). Shein will soon be designated as a company that must...

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World Bank Says Public-Private Partnerships Essential to Financial Access
World Bank Says Public-Private Partnerships Essential to Financial Access
March 08, 2024  |  International

The global push for digital transformation is gaining momentum, with global institutions increasingly taking part in shaping the landscape. The recent World Bank’s inaugural Global...

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