By Lucia Mutikani WASHINGTON, June 3 (Reuters) - U.S. services sector activity picked up in May as businesses preemptively ...

We’ve talked about tariffs plenty in the context of manufacturing and consumer goods — the stuff people buy. But what about that much larger chunk of the economy: services? Growth in the service ...

The stock market experienced its most significant downturn of 2025 as the Services Purchasing Managers’ Index (PMI) reported concerning numbers for January. The data revealed that the service sector, ...

The services sector continued to expand in April, for the tenth month in a row, according to the Institute for Supply Management. That’s some better-than-expected economic data. But many businesses in ...

In a world driven by convenience and technology, many service companies continue to rely on processes such as paper receipts, spreadsheets and handwritten notes. While industries like transportation ...

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of the war ​with Iran.

The integration of machine learning and artificial intelligence is now essential to support the ever-expanding operations and processes within the service sector. Following are five key industry ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

Vasi Philomin is VP of Generative AI at AWS. He leads generative AI efforts, including Amazon Bedrock and Amazon Titan. The financial services industry has been an early and enthusiastic adopter of ...