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The conventional wisdom is that consumers in the United States, burdened by debt, are trapped in a cycle of using credit to get what they need, and then juggling their debt, grappling with monthly payments.
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But data and commentary from earnings season thus far indicate that most consumers are proving to be adroit managers of credit, particularly credit cards.
Although...
Google is testing a new version of Google Finance that includes features powered by artificial intelligence (AI).
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Over the coming weeks, Google Finance users in the U.S. will see the option to toggle between the new and classic versions, the company said in a Friday (Aug. 8) blog post.
The AI features in the new version of Google Finance allow users to get comprehensive...
Many of the artificial intelligence (AI) researchers who joined Meta as part of that company’s high-profile recruiting efforts are reportedly working in a new team called TBD Lab and leading the development of the next version of the large language model (LLM) Llama.
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TBD Lab will work alongside other AI teams in Meta’s recently formed Superintelligence Labs group,...
JPMorgan Chase...
At the midpoint of 2025, the digital transformation of healthcare and insurance has moved fully from experimental to expected.
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Investors are no longer dazzled by technology promises alone; they want numbers, margins and credible paths to profitability. Second-quarter earnings reports from companies like Amwell, Oscar Health and Lemonade offer a snapshot of how three...
A growing number of older adults are losing large sums of money to impersonation scams, according to the Federal Trade Commission (FTC).
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The number of people 60 and over who said they lost $10,000 or more to this form of fraud quadrupled between 2020 and 2024, while the number who lost more than $100,000 increased eightfold, the FTC said in a Thursday (August 7) press...
The economic landscape for small- to medium-sized businesses (SMBs) is uncertain, marked by persistent inflation, the complexities of evolving tariffs and high interest rates.
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Firms with revenues less than $25 million, mainstays of the Main Street economy, are particularly pressured. US Bank Chief Product Officer for Business Banking Shruti Patel provided an assessment...
Better get used to it. Maybe for a long time.
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As a new wave of U.S. tariffs on regions and countries, including Europe and South Korea, took effect on Thursday, business executives in the United States are no longer holding out hope that the Trump administration’s global trade regime will change any time soon.
New data from a forthcoming PYMNTS Intelligence study shows...
Amazon and Walmart are waging a two-front war.
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One front is software. Who can build the smartest artificial intelligence agent to guide shopping behaviors?
The other is logistics. Who can deliver faster, cheaper and more conveniently?
Retail innovation, long focused on eCommerce platforms and omnichannel strategies, is now undergoing a deeper shift. It is moving toward...
Small and micro businesses don’t want to stay that way. They want to grow.
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In the United States, microbusinesses — defined as firms with fewer than 10 employees — form the very bedrock of economic innovation, local employment and community resilience. Yet despite their foundational role, these enterprises are consistently denied access to the financial fuel they need to...