PYMNTS News

The Wild World of Post-Grad Side Hustles

The Wild World of Post-Grad Side Hustles
The Wild World of Post-Grad Side Hustles
May 10, 2025  |  The Weekender

The hallowed halls of academia are launchpads, or so the brochures promised. Capstone projects defended, futures forged and a shiny new degree clutched in a...

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Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
May 09, 2025  |  Legal & Regulation

Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer...

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CFPB Halts Enforcement of 67 Guidance Documents Pending Review
CFPB Halts Enforcement of 67 Guidance Documents Pending Review
May 09, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) said Friday (May 9) that it is withdrawing 67 guidance documents issued by the agency since it opened its doors...

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Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
May 09, 2025  |  Banking

Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels....

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Senator Grills OpenAI CEO on View that AI Could Eliminate Up to 70% of Jobs
Senator Grills OpenAI CEO on View that AI Could Eliminate Up to 70% of Jobs
May 09, 2025  |  Artificial Intelligence

OpenAI CEO Sam Altman was grilled by a Democratic senator this week about his view that up to 70% of jobs could be eliminated by...

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Relevance AI Raises $24 Million to Grow AI Agent Operating System
Relevance AI Raises $24 Million to Grow AI Agent Operating System
May 09, 2025  |  Investments

Relevance AI has raised $24 million in a Series B funding round to accelerate the expansion and adoption of its platform that helps companies create...

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AI Startups: AI Coding Tool Maker Anysphere Raises a Blockbuster $900 Million
AI Startups: AI Coding Tool Maker Anysphere Raises a Blockbuster $900 Million
May 09, 2025  |  Artificial Intelligence

Anysphere, the maker of coding tool Cursor, raised $900 million in a new round of funding that values the San Francisco-based company at $9 billion....

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Anthropic Says DOJ Proposal to Monitor Google’s AI Investments Would Harm Competition
Anthropic Says DOJ Proposal to Monitor Google’s AI Investments Would Harm Competition
May 09, 2025  |  Artificial Intelligence

AI startup Anthropic and tech industry groups Engine Advocacy and TechNet reportedly said in a Friday (May 9) court filing that competition in the AI...

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