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Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
PYMNTS.com· 4 days agoConsumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April...
UPDATE 2-Citi CEO says US consumers are more cautious, emphasizes bank overhaul
Reuters via Yahoo Finance· 4 days agoCitigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases.
Citi and Morgan Stanley among leaders of open-source initiative to tackle ‘common challenges’ in AI
Fortune via Yahoo Finance· 4 days agoBut the business case for harnessing the technology quickly became evident. “Overall, the risks of...
Analysis: Microsoft's $1.7 Billion Bet on Indonesia's Digital Future Shows Global AI Investment...
PYMNTS.com· 4 days agoIn a move that underscores the growing global interest in artificial intelligence (AI), Microsoft...
The full list of major US companies slashing staff this year, from Tesla to Google and Apple
Business Insider via Yahoo News· 2 days agoIn August 2023, Discord reduced its headcount by 4%. According to CNBC, the company was valued at...
Electronics Customers Flock to Online Marketplaces
PYMNTS.com· 4 days agoTypically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party...
Chili’s Beefs up Advertising as Fast Food Frustrates Diners
PYMNTS.com· 4 days agoCasual dining company Brinker International wants to capitalize on diner discontent with fast food...
Fast-Food Slowdown May Mean Steeper Promotions
PYMNTS.com· 2 days agoDisposable income among U.S. consumers is on the wane, especially among lower-income households, the report said, while China’s slow economic recovery...
I'll Take a Soda, a Show and Even the Check – But Please, Hold the DEI
National Center for Public Policy Research· 3 days agoConservative Shareholders Challenge Discriminatory Practices at Coca-Cola, Pepsi, MGM and Citigroup...