artificial intelligence
Chinese AI Firm Moonshot Aims for $18 Billion Valuation
March 15, 2026

Chinese startup Moonshot AI is reportedly looking to raise $1 billion in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

artificial intelligence
Musk Touts xAI Rebuild as Founders Leave
March 15, 2026

Elon Musk says his artificial intelligence startup needs to be rebuilt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

The Weekender
The Digital Economy’s Longest-Running Grudge Matches
March 14, 2026

In the digital economy, not every war is fought over market share. Some are fought over principle, some over pricing and some, let’s be honest, because an adult in a black turtleneck or Patagonia vest simply cannot let that one comment go. Payments, banking and...

Earnings
Vivid Seats Cuts Costs as Net Losses Mount
March 13, 2026

Ticket reseller Vivid Seats’ debt sank after the company reported its fourth quarter and full year 2025 results Thursday (March 12), Bloomberg reported Friday (March 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Target Accelerates Growth Plan With Price Cuts
March 13, 2026

Target will begin lowering prices on 3,000 items this month in its latest move to support the company’s long-term, sustainable growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Rox Secures $1.2 Billion Valuation as AI Sales Agents Scale
March 13, 2026

Rox, a startup developing artificial intelligence (AI) agents for sales functions, closed a funding round late last year that valued it at $1.2 billion, TechCrunch reported Thursday (March 12), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...

artificial intelligence
FedEx Plans Agent Workforce in Over 50% of Workflows by 2028
March 13, 2026

FedEx plans to embed artificial intelligence (AI) agents into more than half of its operational workflows by 2028, a move that signals how large enterprises are beginning to deploy AI not just as software tools but as systems that execute operational work. Get the Full...

Credit Cards
Senate Passes Housing Bill Without CCCA Amendment
March 13, 2026

An attempt to secure Senate passage for the Credit Card Competition Act (CCCA) by attaching it as an amendment to a bipartisan housing bill failed, the Electronic Transactions Association (ETA) said in a Friday (March 13) newsletter shared in a post on social platform X....

Economy
Hiring Remains Flat While Layoffs Edge Down in January
March 13, 2026

There was little change in job openings in January, as they increased by 396,000, rebounding from the five-year low recorded in December and reaching 6.9 million, according to Job Openings and Labor Turnover Survey (JOLTS) data published Friday (March 13) by the Bureau of Labor...