PYMNTS News

Global Regulatory Changes Slow Apple’s Services Growth

Global Regulatory Changes Slow Apple’s Services Growth
Global Regulatory Changes Slow Apple’s Services Growth
July 31, 2026  |  Apple

The growth of Apple’s Services has been impacted by several countries’ regulatory changes affecting the company’s App Store, 9TO5Mac reported Thursday (July 30). Get the...

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Finance Teams Are Done Flying Blind on AI Costs
Finance Teams Are Done Flying Blind on AI Costs
July 31, 2026  |  Artificial Intelligence

The era of “tokenmaxxing,” pushing employees toward the biggest artificial intelligence (AI) models and the heaviest usage as if consumption itself were a sign of...

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Chime Cuts 10% of Workforce in AI Pivot
Chime Cuts 10% of Workforce in AI Pivot
July 31, 2026  |  Banking

Chime Financial plans to lay off about 150 people, or 10% of its workforce, Bloomberg reported Friday (July 31), citing a memo to employees from...

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Amazon Completes $50 Billion Investment in OpenAI
Amazon Completes $50 Billion Investment in OpenAI
July 31, 2026  |  Artificial Intelligence

Amazon completed a $50 billion investment in OpenAI that the two companies announced in February. Get the Full Story Complete the form to unlock this...

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New York Sues Kalshi in Fight Over Prediction Market Regulations
New York Sues Kalshi in Fight Over Prediction Market Regulations
July 31, 2026  |  Markets

New York State is upping the ante in the battle over regulation of prediction markets. Attorney General Letitia James on Friday (July 31) filed a...

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Federal Data Shows Consumers Under Pressure As Spending Outruns Income
Federal Data Shows Consumers Under Pressure As Spending Outruns Income
July 31, 2026  |  Consumer Insights

The latest data on spending shows it continues to outrun income growth as higher prices absorb more of the household budget. June offered another example:...

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Bank of America Moves to Buy MDSec in Global Cybersecurity Push
Bank of America Moves to Buy MDSec in Global Cybersecurity Push
July 31, 2026  |  Cybersecurity

Bank of America plans to enhance its cybersecurity capabilities in the United Kingdom and globally by acquiring England-headquartered information security specialist MDSec Consulting Limited. Get...

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CFTC Steps In as New York Sues to Shut Down Kalshi
CFTC Steps In as New York Sues to Shut Down Kalshi
July 31, 2026  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) has sued to stop New York’s attempt to halt the operations of prediction market Kalshi, which was announced Friday...

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