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Adobe has settled a Justice Department lawsuit by agreeing to provide $75 million worth of free services to eligible customers and paying $75 million to the Justice Department, the company said in a Friday (March 13) statement.
The lawsuit, which was filed in June 2024, alleged that Adobe deceived customers by hiding an early termination fee on a subscription plan and making it...
U.S. consumers are still spending, but their paychecks are having a hard time keeping up.
The latest Bureau of Economic Analysis (BEA) data, released Friday (March 13), shows that income growth picked up in January and inflation remained relatively contained. Spending continues to outpace income in real terms, while overall economic growth slowed sharply at the end of 2025. The result...
For chief financial officers and treasurers, working capital is starting to look less like an operating metric and more like an investment decision.
What used to be managed mainly as a buffer for payroll, payables and short-term obligations is now being evaluated for how hard it can work without putting liquidity at risk.
At the center of this transformation is the simple realization...
ChatGPT users in the United Kingdom can now learn about credit scores with insights from Experian data.
This experience is enabled by the new Experian Credit Score app that is searchable in ChatGPT via “@Experian UK,” Experian said in a Friday (March 13) press release.
Powered by aggregated and anonymized Experian Credit Score data, the app can show users the average credit scores by...
Global payments and financial platform Airwallex is investing $1.135 billion to fuel its expansion in the United Kingdom and the Europe, Middle East and Africa (EMEA) region over the next five years.
The company will use the new investment to open in new markets, launch new products and add 100 new senior engineering roles in the U.K., according to a press release emailed to PYMNTS....
Meta delayed the launch of Avocado, its next-generation artificial intelligence model.
The company pushed the release to at least May from a planned debut this month, The New York Times reported Thursday (March 12).
The delay follows internal testing that showed the model trailing leading systems from Google, OpenAI and Anthropic in key areas, including logical reasoning, programming...
FedEx aims to have artificial intelligence agents participating in more than half of its core operational workflows by 2028, The Wall Street Journal reported Friday (March 13).
“Every employee and every task in the globe will get adapted to AI and will improve with AI,” FedEx Chief Digital and Information Officer Vishal Talwar told the WSJ.
The company already has AI agents developing...
The B2B procurement experience once meant phone calls, email quotes and weeks of back-and-forth negotiations.
The process was often slow, opaque and heavily dependent on relationships. Procurement teams contacted vendors, requested quotes, negotiated pricing and worked through a sales representative to complete the purchase.
For many firms, this is still the case. Only now, many...
A bill introduced in the New York City Council would make the city’s minimum wage the highest in the country, though it would still be below what some consider to be a living wage, The Wall Street Journal reported Thursday (March 12).
The bill, which was introduced Tuesday (March 10), would set the hourly minimum wage for employers with more than 500 employees at $30 by 2030 and for...
Explore more conversations like this on the PYMNTS Podcast page
The structure of work is shifting as digital platforms connect workers with opportunities in ways that resemble markets more than traditional employment. The Labor Economy is growing through systems that match supply and demand for work, even on an hourly basis, while also reshaping how and when people are paid....