Federal Reserve Governor Lisa Cook said in a Tuesday (Feb. 24) speech that rapid advances in artificial intelligence (AI) could pose new challenges for the central bank’s traditional tools as it fundamentally reshapes the U.S. economy. In remarks delivered at the National Association for Business...
A leading Federal Reserve official says that employment in the U.S. likely declined last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Artificial intelligence may transform the American workplace by enhancing how employees perform complex tasks rather than replacing employees, Federal Reserve Governor Michael S. Barr said Monday (Feb. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
January 15, 2026
The Federal Reserve’s latest Beige Book strikes a cautiously upbeat tone, pointing to modest economic gains across much of the country even as businesses and consumers navigate higher costs, tighter credit conditions and shifting labor dynamics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]
December 10, 2025
Check usage continues to decline each year as consumers and businesses shift toward digital tools. At the same time, significant numbers of users still depend on checks for convenience, record...
December 05, 2025
Overall consumer credit growth slowed in October, but the headline number masks a trend: households are shifting toward revolving credit as they manage day-to-day liquidity and holiday spending. Total consumer...
November 21, 2025
With a little over two years in market, the Federal Reserve’s instant payments platform, the FedNow® Service, is now entering what Chief Product and Relationship Officer Shonda Clay calls its...
February 24, 2026
The Federal Reserve is building artificial intelligence into its daily work to achieve operational efficiencies in payments, financial management, human resources and the financial services it provides to the U.S. Treasury, Fed Governor Christopher J. Waller said Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
February 24, 2026
Federal Reserve Governor Lisa Cook said in a Tuesday (Feb. 24) speech that rapid advances in artificial intelligence (AI) could pose new challenges for the central bank’s traditional tools as...
February 23, 2026
A leading Federal Reserve official says that employment in the U.S. likely declined last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
February 18, 2026
The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18). Get the Full Story Complete the form to...
