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In an era where retailers fiercely compete for consumer loyalty, a notable phenomenon is reshaping the landscape: the rise of the dual subscriber, holding memberships to both Amazon Prime and Walmart+.
Far from being an either-or decision, a significant segment of the U.S. population, particularly millennials, is choosing to “win both carts” by leveraging the distinct advantages offered by these...
Through the past several weeks, the CE 100 Index has shown resilience, outperforming the broader markets, and posted several weeks where all segments were higher.
But what goes up, as they say, must come down — and in the past week, all pillars within the CE 100 list were lower. Yet, as seen in the chart below, the year-to-date and trailing 12-month performance still outpaced other benchmarks...
In the always-on, 24/7 feedback loop of financial services, technology accelerates change, and customer expectations constantly evolve.
The noise can be deafening. Yet, a report from PYMNTS found that the most potent insights and opportunities aren’t found in the latest algorithm or blockchain breakthrough, but in the surprisingly simple, often overlooked practice of listening — deeply and...
Apparently, the days of Rule 1033 are numbered. In fact, as of Sunday (May 25) they might be down to four, as the Consumer Financial Protection Bureau’s (CFPB) general counsel indicated late Friday that it will petition a U.S. District Court in Kentucky on May 30 to have the rule rescinded.
The action took place as part of a status report from the bureau in its defense regarding a lawsuit filed...
Millions of borrowers have reportedly seen their credit scores plummet because of delinquent student loans.
Credit scores fell by more than 100 points for 2.2 million delinquent student loan borrowers, and by at least 150 points for more than 1 million borrowers during the first three months of 2025, the Washington Post reported Sunday (May 25), citing an analysis by the Federal Reserve Bank of...
A former Federal Reserve economist is accused of passing government information to China.
John Rogers allegedly shared reports, such as information prepared for meetings by the rate-setting Federal Open Market Committee, with his Chinese handlers, The Wall Street Journal (WSJ) reported Saturday (May 24), citing court records.
The FBI arrested Rogers, who left the Fed in 2021, in January and found...
It could soon cost more for migrants in the U.S. to send money back home.
As the Financial Times (FT) reported Sunday (May 25), that’s because the tax bill passed by the U.S. House of Representatives last week includes a 3.5% tax on remittance transfers by anyone who is not an American citizen or national.
The U.S., the report added, is the largest originator of remittances in the world, with...
Every day, someone dies from getting the wrong medication or improper dosages of the right one.
Now, researchers at the University of Washington (UW) are working on ways to solve this problem in part by using artificial intelligence (AI), NBC News reported Sunday (May 25).
Dr. Kelly Michaelsen, an assistant professor of anesthesiology and pain medicine, told the network she had read studies at...
China’s eCommerce regulator has issued draft guidelines for fees that companies can charge third-party merchants.
The State Administration for Market Regulation on Sunday (May 25) said that online platforms should charge reasonable fees while taking into consideration factors like operating costs for the merchants with whom they do business.
The regulator calls on platforms to set flexible...
German sportswear company Adidas has reported a data breach involving a customer service provider.
As Reuters reported, the company announced Friday (May 23) that cybercriminals had accessed customer data via a third-party customer service provider, while noting that the breach did not involve passwords or credit card data.
“We immediately took steps to contain the incident and launched a...