Federal Reserve supervision should not hinder banks’ implementation of artificial intelligence (AI), because the technology can contribute to financial inclusion, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy...
Labor accounts for 51.7% of hotel operating expenses and 32.4% of total revenue at U.S. hotels, according to CBRE Group’s “Trends in the Hotel Industry” report, which analyzed 2,456 properties using 2023 data. Hotels paid 11.9% more in total labor costs that year while operating...
New U.S. business applications hit 5.6 million in 2025 and have risen 24% since ChatGPT launched, Citadel Securities reported in a July research note, citing data from the U.S. Census Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
JPMorgan Chase says it is advising its workers to think twice about their artificial intelligence (AI) usage. 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...
July 13, 2026
This week in the Prompt Economy, the spotlight is on how AI is reshaping local and federal government. One of the most dramatic examples surfaced this week in the U.S. heartland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
July 10, 2026
New York Gov. Kathy Hochul has launched a sweeping effort to reduce regulatory burdens across state government, pairing a broad review of existing rules with the use of artificial intelligence...
July 09, 2026
Enterprise artificial intelligence (AI) is no longer just a technology project. It is becoming a line item with momentum. Get the Full Story Complete the form to unlock this article...
July 08, 2026
Artificial intelligence (AI) is beginning to influence a part of commerce that has traditionally belonged to consumers: choosing how to pay. Get the Full Story Complete the form to unlock...
July 14, 2026
Federal Reserve supervision should not hinder banks’ implementation of artificial intelligence (AI), because the technology can contribute to financial inclusion, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]
July 14, 2026
JPMorgan Chase says it is advising its workers to think twice about their artificial intelligence (AI) usage. Get the Full Story Complete the form to unlock this article and enjoy...
July 14, 2026
Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. Get the Full Story Complete the form to unlock this...
July 14, 2026
Anthropic has reportedly hired Monzo Co-Founder/Former CEO Tom Blomfield to strengthen its compute team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
