News

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

Source: pymnts.com

Tech Giants Plan Massive $320 Billion AI Spend for 2025
Tech Giants Plan Massive $320 Billion AI Spend for 2025
February 09, 2025  |  artificial intelligence

America’s tech giants could reportedly spend more than $320 billion on artificial intelligence (AI) this year. Get the Full Story Complete the form to unlock...

READ MORE >
Foundations and Endowments Line Up to Invest in Crypto
Foundations and Endowments Line Up to Invest in Crypto
February 09, 2025  |  Cryptocurrency

American foundations and university endowments are reportedly increasing their cryptocurrency investments amid a market boom. Get the Full Story Complete the form to unlock this...

READ MORE >
Musk Says He Has No Interest in Buying TikTok
Musk Says He Has No Interest in Buying TikTok
February 09, 2025  |  Social Commerce

Despite recent reports to the contrary, Elon Musk has no plans to buy TikTok. Get the Full Story Complete the form to unlock this article...

READ MORE >
DOGE Reportedly Gets Access to Government’s Accounting Hub
DOGE Reportedly Gets Access to Government’s Accounting Hub
February 09, 2025  |  Politics

Elon Musk is reportedly sending his Department of Government Efficiency (DOGE) to access the federal government’s central accounting system. Get the Full Story Complete the...

READ MORE >
Consumer Borrowing Jumps by Record $40.8 Billion
Consumer Borrowing Jumps by Record $40.8 Billion
February 09, 2025  |  Consumer Finance

U.S. consumer borrowing saw a surprise surge in December, the largest increase on record. Get the Full Story Complete the form to unlock this article...

READ MORE >
CFPB HQ Shuts Down as Vought Freezes Enforcement
CFPB HQ Shuts Down as Vought Freezes Enforcement
February 09, 2025  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. Get the Full Story Complete the form to unlock this...

READ MORE >
Legend, Legacy and the Future: Reflecting on 75 Years of Credit Cards and 20 Years of ‘Paying With Plastic’
Legend, Legacy and the Future: Reflecting on 75 Years of Credit Cards and 20 Years...
February 08, 2025  |  Credit Cards

By now, the story of the birth of the credit card has taken on the stuff of legend. The current state of that legend dates...

READ MORE >
Meta to Begin Previously Announced Workforce Reduction
Meta to Begin Previously Announced Workforce Reduction
February 07, 2025  |  Meta

Meta is set to begin its previously announced workforce reduction on Monday (Feb. 10). Get the Full Story Complete the form to unlock this article...

READ MORE >
Consumer Sentiment Drops Amid Concerns About Tariffs and Inflation
Consumer Sentiment Drops Amid Concerns About Tariffs and Inflation
February 07, 2025  |  Consumer Insights

Consumer sentiment dropped about 5% in February, falling to its lowest level since July, according to preliminary results for the University of Michigan’s February Surveys...

READ MORE >