PYMNTS News

New Data Shows Why One Consumer Economy Has Become Three

New Data Shows Why One Consumer Economy Has Become Three
New Data Shows Why One Consumer Economy Has Become Three
July 10, 2026  |  Consumer Insights

Consumer spending has become less about confidence and more about financial capacity, and that shift is giving banks and payments providers a clearer map of...

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Study Finds AI Must Earn the Right to Move Money
Study Finds AI Must Earn the Right to Move Money
July 10, 2026  |  Artificial Intelligence

Enterprise artificial intelligence promises nearly as many different business outcomes as there are businesses themselves. It comes as little surprise, then, that the AI race...

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OpenAI Applications Chief Fidji Simo Steps Down Due to Illness
OpenAI Applications Chief Fidji Simo Steps Down Due to Illness
July 09, 2026  |  Artificial Intelligence

Fidji Simo is stepping down from her role as CEO of Applications at OpenAI and transitioning to being a part-time adviser due to a chronic...

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Financial Firms Ban Employee Prediction Market Trading as Compliance Concerns Spread
Financial Firms Ban Employee Prediction Market Trading as Compliance Concerns Spread
July 09, 2026  |  Markets

Goldman Sachs Group has updated its personal trading policy to ban employees from trading on event contracts related to specific companies, election outcomes or the...

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Nvidia Joins $100 Million Bet on Gradium Voice AI
Nvidia Joins $100 Million Bet on Gradium Voice AI
July 09, 2026  |  Artificial Intelligence

Voice AI model builder Gradium has announced that an extension of its seed financing brought its funding to $100 million. Get the Full Story Complete...

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Palo Alto Networks CEO Says Token Costs Slow Enterprise AI Adoption
Palo Alto Networks CEO Says Token Costs Slow Enterprise AI Adoption
July 09, 2026  |  Artificial Intelligence

For enterprises to adopt artificial intelligence on a large scale, token costs need to drop, Palo Alto Networks CEO Nikesh Arora said Thursday (July 9)....

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Warsh Recruits Andreessen, McMillon to Rethink Fed Methods
Warsh Recruits Andreessen, McMillon to Rethink Fed Methods
July 09, 2026  |  Legal & Regulation

The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open...

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The AI Hire Doesn’t Answer to Anyone
The AI Hire Doesn’t Answer to Anyone
July 09, 2026  |  Artificial Intelligence

Companies have spent decades organizing around the limits of human coordination. Departments, reporting lines and job titles exist because complexity had to be made manageable....

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