Business

Get the latest breaking news and top news headlines at PYMNTS.com

The Fed’s Rate Cut Could Rewrite Financial Playbooks for CFOs
The Fed’s Rate Cut Could Rewrite Financial Playbooks for CFOs
September 24, 2024  |  CFO

The Federal Reserve’s long-awaited interest-rate cut arrived Wednesday (Sept. 18). The move to lower interest rates by 50 basis points marks a pivotal moment in...

READ MORE >
AI Explained: Edge AI Computing Brings Tech to Devices
AI Explained: Edge AI Computing Brings Tech to Devices
September 23, 2024  |  Artificial Intelligence

Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating...

READ MORE >
Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...

READ MORE >
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
August 30, 2024  |  Business

OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues...

READ MORE >
Costco to Raise Membership Fees for First Time in 7 Years
Costco to Raise Membership Fees for First Time in 7 Years
July 10, 2024  |  Retail

Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those...

READ MORE >
Esker Adds ESG-Focused Features to Source-to-Pay Platform
Esker Adds ESG-Focused Features to Source-to-Pay Platform
July 09, 2024  |  Regulation

Esker has expanded its Source-to-Pay (S2P) platform to include new features focused on helping businesses comply with environmental, social and governance (ESG) regulations worldwide. These features...

READ MORE >
UiPath Announces 10% Cut in Staff to Reduce Costs
UiPath Announces 10% Cut in Staff to Reduce Costs
July 09, 2024  |  Personnel

UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as...

READ MORE >
5 Metrics to Elevate Your Loyalty Program
5 Metrics to Elevate Your Loyalty Program
July 04, 2024  |  Loyalty & Rewards

Brands use loyalty programs to increase sales, acquire and retain members, enhance the customer experience and create advocates. Return on investment (ROI) is foremost among...

READ MORE >
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
June 20, 2024  |  Business

When the operating landscape is uncertain and dynamic, businesses must prioritize controlling for what’s controllable. And with the news Thursday (June 20) that Amazon Business,...

READ MORE >