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The Latest Breaking News from Pymnts

MIT Professor Warns AI Can Give Financial Advice — But 'Has No Teeth' To Protect You

MIT professor Andrew Lo says AI has the financial expertise but no fiduciary duty, leaving it with 'no teeth' as a substitute for human advisers.

International Business Times UK

Side Gigs vs. Passive Income — Which One Is Better for Building Wealth?

Side Gigs vs. Passive Income — Which One Is Better for Building Wealth?

Here's a breakdown of which money-making method is better for building wealth and why.

5 Types of People Struggling to Pay Bills Right Now — Are You One of Them?

5 Types of People Struggling to Pay Bills Right Now — Are You One of Them?

Find out which 5 types of people are struggling to pay bills right now and see if you’re among those facing financial stress in today’s economy.

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Majority of Americans Are ‘Shunning’ Autopay — Should You?

A new study shows that the gulf between haves and have-nots is deeply dividing American behavior on the convenience and certitude of automated bill payments.

Gen Z, Millennials Emerge As Top Scam Targets: Block-Commissioned PYMNTS Report Finds

Younger, digital-first generations are now more likely to fall for scams than their parents or grandparents, according to a new report commissioned by Block Inc. (NYSE:XYZ) and conducted by PYMNTS Intelligence.

The Rise of ‘BFFmoons’: Travel Trends Among Child-Free Couples

Did you know that childless couples spend the most on travel? According to PYMNTS, in 2024, they averaged $620 per month on travel services, significantly outspending single individuals and married couples with children. This trend reflects their higher disposable income and prioritization of travel over other expenses. But DINKs aren’t traveling…

Meta Unveils Llama 4 AI Models With Multimodal Abilities

The company was also previewing the Llama 4 Behemoth, described as their most powerful model so far, intended to guide and improve the performance of the newer versions.

International Business Times

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Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000

Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000

Almost half of all Americans consider themselves “broke,” according to a new Marketwatch Guide survey.

As retailer REI’s troubles with employees continue, consumers back off

As retailer REI’s troubles with employees continue, consumers back off

Once known as the beacon of corporate America, REI is now embroiled in face-offs with employees, putting off consumers.

More than half of Americans raking in $100,000 or more are living paycheck to paycheck

More than half of Americans raking in $100,000 or more are living paycheck to paycheck

Americans earning at least $100,000 a year are increasingly joining the ranks of those living paycheck to paycheck.

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