What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com
Luxury Brands Spend Billions for High-End Shopping Real Estate
Luxury Brands Spend Billions for High-End Shopping Real Estate
April 07, 2024  |  Retail

Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. As The Wall Street Journal (WSJ) reported Saturday (April 6), these companies are worried...

READ MORE >
Microsoft’s ‘iPhone Moment’ Could Come From AI
Microsoft’s ‘iPhone Moment’ Could Come From AI
April 07, 2024  |  artificial intelligence

Will artificial intelligence (AI) give Microsoft its “iPhone moment?” A recent note by Wedbush Securities’ Dan Ives — the subject of a Seeking Alpha report on Sunday (April 7)...

READ MORE >
Report: Musk-Liked Investors Plan $3 Billion Funding Round for xAI
Report: Musk-Liked Investors Plan $3 Billion Funding Round for xAI
April 07, 2024  |  artificial intelligence

Investors tied to Elon Musk are reportedly planning a $3 billion funding round for xAI. This round would value the artificial intelligence (AI) firm at $18 billion,...

READ MORE >
Swan Taps Wise to Enable International Payments for European Companies
Swan Taps Wise to Enable International Payments for European Companies
April 05, 2024  |  Cross-border Payments

European embedded finance firm Swan has integrated Wise Platform to enable its clients to send and receive money from more than 190 countries.  With Wise Platform, which is Wise’s...

READ MORE >
Consumers’ Total Outstanding Credit Rose 3.4% in February
Consumers’ Total Outstanding Credit Rose 3.4% in February
April 05, 2024  |  Consumer Finance

Consumers’ total outstanding credit increased by $14.1 billion in February. Revolving credit accounted for $11.3 billion of the increase, while non-revolving credit made up the...

READ MORE >
Terraform Labs and Co-Founder Do Kwon Convicted of Defrauding Investors
Terraform Labs and Co-Founder Do Kwon Convicted of Defrauding Investors
April 05, 2024  |  Cryptocurrency

A jury in a U.S. District Court has found Terraform Labs and its co-founder, Do Kwon, liable for defrauding investors in crypto asset securities. The court found earlier...

READ MORE >
Meta to Label More AI-Generated Content, Remove Less
Meta to Label More AI-Generated Content, Remove Less
April 05, 2024  |  Meta

Meta has modified its approach to handling media that has been manipulated with artificial intelligence (AI) and by other means. Three of the company’s platforms — Facebook, Instagram and Threads —...

READ MORE >
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
April 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers....

READ MORE >
Stord Acquires ProPack to Expand Fulfillment Network for Omnichannel Brands
Stord Acquires ProPack to Expand Fulfillment Network for Omnichannel Brands
April 05, 2024  |  Acquisitions

Stord has acquired ProPack Logistics to expand its fulfillment network throughout the United States and Canada. ProPack, which provides fulfillment services for the nutrition and supplement product industry,...

READ MORE >