tariffs

Consumers Thinking Twice Eating Out or Just Cooking at Home
Consumers Thinking Twice Eating Out or Just Cooking at Home
May 07, 2025  |  Consumer Insights

Inflation is changing the ways in which we eat, whether buying food at the grocery store or dining out. The PYMNTS Intelligence Paycheck-to-Paycheck report titled...

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IBM CEO: Layoffs Due to AI Led to ‘More Investment’ in Other Roles
IBM CEO: Layoffs Due to AI Led to ‘More Investment’ in Other Roles
May 06, 2025  |  artificial intelligence

Arvind Krishna, the CEO of IBM, said his company’s investment in artificial intelligence (AI) has ultimately led to a rise in employment in the firm....

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Tariff Worries Plunge M&A to Lowest Level Since 2009
Tariff Worries Plunge M&A to Lowest Level Since 2009
May 06, 2025  |  Partnerships / Acquisitions

Mergers and acquisitions (M&A) have sunk to their lowest level in 20 years, with deal-making now worse than during the Great Recession of 2008-09 and...

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Joor CEO: Retail Is Reeling as ‘Uncertainty Kills Economies’
Joor CEO: Retail Is Reeling as ‘Uncertainty Kills Economies’
May 06, 2025  |  Retail

Retailers and brands in the United States and abroad are bracing for a turbulent back half of 2025. Tariffs and their escalating impact on everything...

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ThredUP Surges as CEO Sees Tariffs Tilting Shoppers to Resale
ThredUP Surges as CEO Sees Tariffs Tilting Shoppers to Resale
May 05, 2025  |  eCommerce

Online resale marketplace ThredUP delivered better-than-expected first-quarter earnings Monday (May 5), reinforcing shoppers’ growing taste for secondhand clothing. And in a theme not sounded very...

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Rite Aid Files for Bankruptcy, Job Cuts Expected
Rite Aid Files for Bankruptcy, Job Cuts Expected
May 05, 2025  |  Business

Rite Aid Corp. said Monday (May 5) that it has filed for Chapter 11 bankruptcy protection again, less than a year after emerging from a...

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Citigroup CEO: US Businesses Delay Investments, Hiring Amid ‘Limbo’ of Tariff Uncertainty
Citigroup CEO: US Businesses Delay Investments, Hiring Amid ‘Limbo’ of Tariff Uncertainty
May 05, 2025  |  Banking

Citigroup CEO Jane Fraser said Monday that most of the Wall Street bank’s business clients believe they can cope with U.S. tariffs of up to...

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Currency Matching Innovations Critical as Tariffs Shake Up Cross-Border B2B Trade
Currency Matching Innovations Critical as Tariffs Shake Up Cross-Border B2B Trade
May 05, 2025  |  Cross-border Payments

Tariffs have thrown the global trade order into a new era of fragmentation. On Friday (May 2), Temu stopped shipping products from China directly to the...

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Trump’s Movie Tariff Plan Causes Tremors in Tinseltown
Trump’s Movie Tariff Plan Causes Tremors in Tinseltown
May 05, 2025  |  Economy

President Donald Trump’s idea to place tariffs on movies produced overseas has reportedly shaken studios. As The Wall Street Journal (WSJ) reported Monday (May 5), the president’s...

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