Swipe fees hit $198B in 2025. The rewards debate just got brutally expensive
A record $198 billion in credit card swipe fees in 2025 forces the question: who really pays for points?

Curating from trusted global sources…
Curated from trusted global sources, refined into briefing-grade analysis with executive summaries, insights, and bullet-point takeaways.
A record $198 billion in credit card swipe fees in 2025 forces the question: who really pays for points?

A Detroit automation push is colliding with UAW claims that “temporary” layoffs have turned into indefinite ones.

A $18M near-term unlock and up to $2.5B milestone upside shifts AI drug discovery into late-stage partnerships.

The agency says the probe targets emerging tech and potential safety defects tied to driver-assistance systems.

The first non-Western-language step for Alexa+ signals how Amazon is testing generative AI adoption beyond English.

The e-commerce giant is using OpenAI's chatbot as a marketing channel, while tightening its defenses against AI data scraping.

OpenAI stops Sora and ByteDance shelves Seedance, leaving Alibaba’s API-first upgrade as the next build option.

On Thursday, Accenture hit its biggest one-day drop on record after forecasting worries that AI could hollow out consulting.

CNBC says SpaceX’s shares surge following its IPO Friday, forcing investors to reprice what “space” and “AI” are worth.

Big IPO, bigger options debut: what it means for investors, risk teams, and anyone benchmarking market appetite.

SpaceX exercised its option for Cursor in an all-stock deal worth $60 billion, reshaping AI dealmaking expectations.

The valuation jump of $1T in a single day changes the reference point for risk capital and public-market comps.