PYMNTS News

‘Barbenheimer’ Gives Theater Owners a $235 Million Dream Weekend
‘Barbenheimer’ Gives Theater Owners a $235 Million Dream Weekend
July 23, 2023  |  Connected Economy

“Barbie” is the queen of the box office, giving theaters their best opening weekend since 2019. Director Greta Gerwig’s film based on Mattel’s most famous...

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Apple Begins In-House Use of AI Chatbot
Apple Begins In-House Use of AI Chatbot
July 23, 2023  |  artificial intelligence

Apple has reportedly begun using its in-house artificial intelligence (AI) chatbot to assist employees. Writing in his Power On newsletter Sunday (July 23), Bloomberg’s Mark Gurman says...

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Decentralized Crypto Platforms Still Waiting on Their Golden Age
Decentralized Crypto Platforms Still Waiting on Their Golden Age
July 23, 2023  |  Cryptocurrency

Decentralized cryptocurrency platforms have seen their spot trading volumes plummet in the last year. That drop, a Sunday (July 23) Bloomberg News report noted, stands in...

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Champagne Sales Fizzling as Sober Bars Spark
Champagne Sales Fizzling as Sober Bars Spark
July 22, 2023  |  Retail

In-person events are a thing now, with COVID-19 in our rear-view mirror. But with consumers celebrating occasions together once more, why are Champagne sales down?...

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Paytm Revenue Climbs 39% as Mobile Payments Become More Mainstream
Paytm Revenue Climbs 39% as Mobile Payments Become More Mainstream
July 21, 2023  |  Earnings

Paytm recorded 39% year-over-year revenue growth during the quarter ended June 30. The Indian eCommerce and payment system and financial technology company attributed the growth to...

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Amazon Employees May Be Asked to Return to ‘Main Hubs’
Amazon Employees May Be Asked to Return to ‘Main Hubs’
July 21, 2023  |  Amazon

Amazon’s return-to-the-office mandate is reportedly being ramped up across the country. Employees working remotely or located in smaller remote offices are being told they may have...

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Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
Rising Use of Amex Cards Shows Credit Appeals to Savvy Younger Consumers
July 21, 2023  |  Payment Methods

Younger consumers — Gen Z and millennials among them — boosted American Express’ results, as disclosed on Friday (July 21). But beyond the confines of...

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Regional Banks Report Stable or Higher Deposits
Regional Banks Report Stable or Higher Deposits
July 21, 2023  |  Banking

Regional banks are still facing a variety of pressures, but in terms of deposits they are doing better than they were three months ago. Second-quarter...

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25 States Experience Near-Record-Low Unemployment
25 States Experience Near-Record-Low Unemployment
July 21, 2023  |  Economy

Unemployment dropped in 11 states in June compared to the previous month, while remaining stable in the other 39 states and the District of Columbia....

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