A roundup of the most newsworthy financial press releases from PR Newswire, including a Financial Literacy Month recap, tariff predictions and the latest Q1 earnings reports.
NEW YORK, May 9, 2025 /PRNewswire/ --With thousands of press releases published each month, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the month's most popular releases and newsworthy trends, here's a recap of some of the past month's most read- and engaged-with stories.
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.
- ADP National Employment Report: Private Sector Employment Increased by 62,000 Jobs in April; Annual Pay was Up 4.5%
"Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data," said Dr. Nela Richardson, chief economist, ADP. "It can be difficult to make hiring decisions in such an environment." - US Consumer Confidence Plunged Again in April
"Consumer confidence declined for a fifth consecutive month in April, falling to levels not seen since the onset of the COVID pandemic," said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. "The three expectation components—business conditions, employment prospects, and future income—all deteriorated sharply, reflecting pervasive pessimism about the future." - Deloitte Announces Collaboration with The Walt Disney Studios' StudioLAB to Propel Innovation in the Media and Entertainment Industry
This collaboration will equip the storytellers at Disney with the next generation of tools to bring their creative visions to life, leveraging Deloitte's emerging technology capabilities and deep sector knowledge of its Media & Entertainment Practice. The teams have already started working together on a concept for the future of production previsualization in Virtual Reality. - GTCR Announces Sale of Worldpay to Global Payments for $24.25 Billion in Conjunction with Transformative Three-Way Transaction
The sale of Worldpay, a global leader in merchant acquiring and payments processing, marks an important milestone in GTCR's strategic transformation in partnership with Leaders Strategy™ CEO Charles Drucker. Under Mr. Drucker's leadership, Worldpay expanded its global processing capabilities, launched innovative payment solutions, and enhanced its fraud prevention offerings. - FatPipe, Inc. Announces Pricing of Initial Public Offering and Listing on NASDAQ
The network software firm announced the pricing of its underwritten initial public offering of 695,656 shares of common stock at a public offering price of $5.75 per share. The shares of common stock were approved for listing on the Nasdaq Capital Market and commenced trading on April 8, 2025, under the ticker symbol "FATN." - Brookdale Announces CEO Transition and Board of Directors Refreshment
Brookdale's Board initiated a search for the Company's next Chief Executive Officer, who will focus on driving operational and financial improvements, capitalizing on the intrinsic value of Brookdale's owned real estate portfolio and enhancing shareholder value. The Board appointed Denise Warren to oversee the Company's day-to-day operations and ensure business continuity until a permanent CEO is named. - Southwest Airlines Announces Reimagined Fare Products, New Benefits for Rapid Rewards Credit Cardmembers and Tier Member Customers
"With new choices like seat selection and Extra Legroom, our enhanced fare bundles let Customers customize their trip while still enjoying our industry-leading reliability and hospitality," said Tony Roach, Executive Vice President Customer & Brand. - Invesco and MassMutual Announce Repurchase of $1 billion of Invesco Preferred Stock and New Strategic Product and Distribution Partnership with Barings
Investment capabilities will leverage both firms' global private credit and public fixed income expertise, extensive product structuring and sophisticated asset allocation capabilities, as well as Barings' and Invesco's expertise creating unique products for complex institutional portfolios. - CardWorks Closes Acquisition of Ally's Credit Card Portfolio and Platform
Cardworks closed the acquisition of Ally Financial's credit card portfolio and platform, including a team of talented individuals and 1.3 million active cardholders. Merrick Bank, the wholly-owned bank subsidiary of CardWorks, will acquire a portfolio of $2.2 billion in credit card receivables, enhancing Merrick Bank's position as a top non-prime and near-prime credit card issuer. - USAA Perks® and CarAdvise Introduce the CarAdvise Fuel Program for Members, Offering Discounts at Over 60,000 Locations Nationwide
"We're delighted to bring the CarAdvise Fuel program to our members," said Angela Wong, Assistant Vice President at USAA. "Finding value and savings is important for our members, and this program is a new way we continue to support those who serve and their families by helping them save at the pump."
For more news like this, check out all of the latest finance-related releases from PR Newswire.
Trending Topics
Among the finance news that was distributed in April, the PR Newswire team was able spot several larger stories that highlight the trends shaping the industry.
- Financial Literacy Month: Economic uncertainty has Americans more concerned about their financial futures according to several surveys published during Financial Literacy Month in April. The National Foundation for Credit Counseling found that many Americans feel financially stuck, and 63% polled worry that the volatility in the U.S. government will negatively impact their finances this year. According to Beyond Finance, the gloomy outlook has people prioritizing their financial security more than ever before. There is also renewed focus on financial literacy, especially for a majority of young people who don't feel capable of managing their credit and find investing a bit intimidating.
- Tariffs: PR Newswire distributed hundreds of financial press releases in April that mentioned tariffs, with many mentions in earnings reports as companies brace for their impact. Procurement experts at LogicSource predict increased costs in their latest sourcing report, and accountants at the ACCA measured declining confidence among accounting firms for the third straight quarter. According to the latest employment report from the Conference Board, the U.S. labor market in March remained healthy prior to the tariff announcements. Despite the unknowns and declining confidence, crypto and gold have emerged as safe havens for investors.
- Earnings: The Q1 reporting season began April 15 and major banks including PNC, BofA and Ally published results in the first week. Regional banks such as Flagstar, Truist, Huntington, S&T Bancorp and Pacific Valley Bancorp also reported results over PR Newswire. Real estate giants MAA, Newmark and Fannie Mae shared their earnings, as well as insurance companies Aflac, Hanover and Globe Life. Catch up on all the latest earnings reports here.
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