The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10) decision, Judge Mark Pittman of the U.S. District Court for the Northern District granted an injunction that halts the restrictions. ...
If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO Chris Kempczinski, who told analysts: “Consumers continue to be even more discriminating with every dollar that they spend as they...
Nvidia is rolling out a new series of artificial intelligence (AI) products at its annual developer conference in San Jose, California, as it strives to strengthen its reputation as the top choice for companies specializing in AI technologies. On Monday (March 18), Nvidia unveiled its...
This Women’s History Month, brands want to take the occasion to capture female shoppers’ spending, but some of their methods may be more effective — and more in touch with what women actually want — than others. On the wackiest end of things, cryptocurrency exchange...
May 01, 2024
If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO Chris Kempczinski, who told analysts: “Consumers continue to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending.” He was referring, […]
November 06, 2023
The digital shift is forging new battlegrounds for the grocery segment. For the platforms and the giants of retail — Amazon and Walmart among them, along with DoorDash — the...
October 27, 2023
In the parlance of these times, and as earnings season commentary has pointed out, time and again: Consumer credit is normalizing. The question remains, however, as to what comes next....
October 12, 2023
Artificial intelligence (AI) has captured the imagination of some of the world’s largest companies. It has also captured a sizable portion of their spending — without giving much back. Big...
May 10, 2024
The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10) decision, Judge Mark Pittman of the U.S. District Court for the Northern District granted an injunction that halts the restrictions. The restrictions had been adopted by the Consumer Financial Protection […]
December 07, 2023
Amazon is set to stop taking payments via PayPal-owned Venmo in the coming weeks. “Due to recent changes, Venmo can no longer be added as a payment method,” Venmo said on its website Thursday (Dec....
August 03, 2023
With the expanded use of the new FedNow service, real-time payments software company ACI Worldwide expects to see instant payments use rapidly grow in the U.S. “We’re currently working with many domestic...
March 31, 2023
A United Kingdom regulator’s investigation of Apple has been halted. The Competition and Markets Authority (CMA) had decided to investigate the supply of mobile browsers and browser engines and the distribution of...
