Macroeconomic Shifts Influence Consumer Spending Habits
Economic uncertainty drives consumers to renovate homes, maintain vehicles. Financing options make high-value items accessible, fostering loyalty. Embedded financing streamlines…
Target Faces Sales Slump Amid New Strategies
Target seeks new marketing leadership amid sales challenges. Target Circle Week competes with Amazon's Prime Day. New theft policies address…
Apple Leverages AI Amid Device Longevity
Apple boosts AI as device longevity reduces upgrades. Shift towards AI aims to sustain customer engagement. Focusing on AI to…
Redbox’s Parent Files for Bankruptcy Protection
Redbox's parent files for bankruptcy protection after defaulting on loans. Employees face missed payroll and expired health insurance coverage. Streaming…
Judge Says Visa and Mastercard Can Afford Larger Settlement
Judge suggests Visa and Mastercard afford larger settlement. Merchants dissatisfied with settlement terms and high fees. Long-standing legal conflict remains…
White House Pauses Student Loan Repayment
The Education Department pauses repayments for 3 million borrowers. The SAVE plan caps payments at 5% of discretionary income. Legal…
Banks Hesitate to Adopt AI Technology
Financial institutions grapple with AI adoption due to regulatory concerns. Only 6% of retail banks are ready for widespread AI…
Federal Prosecutors May Charge Boeing Over 737 Max Crashes
Prosecutors discuss possible charges against Boeing over 737 Max crashes. Boeing allegedly breached a 2021 agreement to avoid criminal charges.…
Amazon Hires Adept AI Executives for AGI Project
Amazon recruits Adept AI executives for its AGI project. David Luan and others will join Amazon's AGI autonomy team. Amazon…
Judge Rejects Visa and Mastercard’s $30 Billion Settlement
Federal judge rejects Visa and Mastercard's $30 billion settlement. Settlement deemed unfair, favoring small merchants disproportionately. Visa and Mastercard to…
