A roundup of the most newsworthy financial press releases from PR Newswire this week, including May consumer confidence scores and strategic AI-focused partnerships from Bain & Company and Fannie Mae.
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
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The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
— US Consumer Confidence Partially Rebounds in MayConsumers' pessimism about the future moderates after surging in April. According to the Conference Board Consumer Confidence Index®, May's rebound in confidence is broad-based across all age, income and political affiliation groups.
— Bain & Company forms global partnership with Palantir to deliver high impact, end-to-end AI transformations for clientsThe partnership enables clients worldwide to accelerate AI-driven productivity gains with enhanced speed and efficiency through Palantir's cutting-edge enterprise AI platforms, yielding tangible impact in weeks.
— Gen Z Grapples with Debt, Some Spend Freely Despite Low Confidence in Retirement ReadinessA new Advisor Authority study, powered by the Nationwide Retirement Institute, reveals only one in five Gen Z investors say they understand how compounding interest works; four in ten believe the standard retirement age of 65 is not relevant to them.
— Spirit Aviation Holdings, Inc. Announces Receipt of NYSE American Delinquency Notification”While there's lots to do, I'm pleased with our progress in driving change to our fleet, our product and our market positioning. The Spirit team has faced down tough challenges before, and I'm gratified to see such a strong focus and commitment,” said Dave Davis, President and Chief Executive Officer.
— Fannie Mae Launches AI Fraud Detection Technology Partnership with PalantirThe partnership will expand Fannie Mae's fraud detection capabilities to power the Crime Detection Unit, a new platform that the company believes will help detect and prevent mortgage fraud with speed and precision never before seen in the U.S. housing market.
— Rental-hunting season hits fever pitch as June begins, Zillow data showsRental activity on Zillow is already outpacing the past two years, a sign that this year's peak could be even higher. A record-high 46 million households rent, and renters are nearly four times more likely to move than homeowners, according to the U.S. Census Bureau.
— DeFi Technologies Reaffirms US$201.07 Million 2025 Revenue Guidance; Maintains Position as Largest Institutional Asset Manager of Solana in North America and Third Largest in Europe”Solana remains a cornerstone of our strategy-not just as an asset, but as an ecosystem we're deeply integrated into,” said Olivier Roussy Newton, CEO of DeFi Technologies. “What sets us apart is our fully integrated monetization model…No other digital asset manager or leveraged public Solana-focused company globally matches this level of vertical integration and operational exposure.”
— QNB Becomes First Bank in the Middle East to Deploy Diebold Nixdorf's ATMs with Bulk Cash Deposit CapabilityDiebold Nixdorf's DN Series® 500 cash recycler provides expanded functionality, enabling QNB Group customers to deposit up to a 300-note cash bundle and up to 30 checks in a bundle with counterfeit detection capability.
— BofA Report: 60% of Homeowners and Prospective Buyers Uncertain About the Housing Market – A Three-Year HighUncertainty among current homeowners and prospective buyers is at a three-year high, with 60% saying they can't tell whether now is a good time to buy a home or not, compared to 48% two years ago, according to the latest Bank of America Homebuyer Insights Report.
— Synchrony and Jewelers Mutual®Collaborate on Innovative New Sponsorship Agreement, Combining Finance and Insurance Marketing EffortsAs part of the agreement, Jewelers Mutual will showcase Synchrony financing solutions in its marketing materials as well as Zing® Marketplace, a comprehensive online platform created for its member retailers.
— National Financial Literacy Remains Stagnant at 49% as Generational Gaps Widen, TIAA Institute-GFLEC Study FindsThe report also highlights the important role financial literacy plays in financial well-being as adults with very low financial literacy are twice as likely to be debt-constrained and three times more likely to be financially fragile compared to those with very high financial literacy.
— Markel launches solutions for Financial Institutions in AustraliaThis announcement follows the launch of localised Commercial Professional Indemnity solutions in 2024, under Markel's plan to progressively launch targeted and tailored specialty insurance products in the Australian market.
— M&T Bank and Buffalo Bills Extend 'Official Bank' PartnershipBuilding on one of pro football's longest-running brand partnerships, M&T signed a deal to become a founding partner for the Bills' new Highmark Stadium, set to open in 2026.
— Deloitte launches Global Agentic Network to power digital workforce solutionsExpanding on its global delivery centers in locations across major markets in Asia Pacific, EMEA and North America, this rollout highlights a series of investments Deloitte is making to help ensure businesses can implement AI-enhanced strategies while maintaining consistency across the geographies they serve.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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