PYMNTS News

Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023  |  Regulation

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a...

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Treasury Department Seeks Expanded Powers to Combat Illicit Finance
Treasury Department Seeks Expanded Powers to Combat Illicit Finance
November 29, 2023  |  Security & Fraud

The Department of the Treasury is seeking expanded powers to combat the use of digital assets in illicit finance. Get the Full Story Complete the...

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Report: Health Insurance Firms Humana and Cigna in Merger Talks
Report: Health Insurance Firms Humana and Cigna in Merger Talks
November 29, 2023  |  Healthcare

Humana and Cigna are reportedly in talks for a potential merger that could reshape the health insurance industry. Get the Full Story Complete the form to unlock...

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More Men Than Women Order Groceries Online
More Men Than Women Order Groceries Online
November 29, 2023  |  eCommerce

In today’s digital-first economy, online shopping has become increasingly popular across various sectors. However, when it comes to online grocery shopping, there is a gender...

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Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
November 29, 2023  |  Earnings

Family Dollar’s parent company is evaluating the chain following a decline in spending among lower-income shoppers. Get the Full Story Complete the form to unlock this...

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Kitchen United’s Closure of Kroger Locations Casts Doubt on in-Grocery Restaurants
Kitchen United’s Closure of Kroger Locations Casts Doubt on in-Grocery Restaurants
November 29, 2023  |  Restaurant innovation

Kitchen United has shut down its in-Kroger omnichannel food halls, begging questions about the future of new in-grocery-store restaurants. Get the Full Story Complete the...

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FDIC Reports Banks Remain Resilient as Net Income Stays High
FDIC Reports Banks Remain Resilient as Net Income Stays High
November 29, 2023  |  Banking

The aggregate net income for the 4,614 Federal Deposit Insurance Corporation (FDIC)-insured institutions during the third quarter was $68.4 billion, representing a 3.4% decrease from...

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Foot Locker: Sales Bump Shows Personalized Retail a Good Fit
Foot Locker: Sales Bump Shows Personalized Retail a Good Fit
November 29, 2023  |  Retail

Foot Locker saw strong financial results over Thanksgiving weekend, and the sneaker and sportswear retailer decided to make a quick pivot in its full-year forecast,...

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Blackstone Pays $2.3 Billion for Pet Care Brand Rover
Blackstone Pays $2.3 Billion for Pet Care Brand Rover
November 29, 2023  |  Acquisitions

Pet care marketplace Rover is set to be acquired by private equity firm Blackstone for $2.3 billion. Get the Full Story Complete the form to unlock this article and...

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