Weekly Recap: 13 Finance Press Releases You Need to See
A roundup of the most newsworthy financial press releases from PR Newswire this week, including PNC's acquisition of FirstBank, new cash registry options from Opendoor and the latest Employment Trends Index™ findings.
NEW YORK, Sept. 12, 2025 /PRNewswire/ -- 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.
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.
FirstBank, with $26.8 billion in assets as of June 30, 2025, operates 95 branches, with a leading position in Colorado and a substantial presence in Arizona. The addition of FirstBank's strong presence in these fast-growing markets will reinforce PNC as a leading national bank in the United States.
Developed in partnership with Birdie, the Opendoor Cash Registry allows consumers to request home cash funds to support with major home financial needs — from buying a first home to upsizing to accommodate a growing family.
All five funds are first-to-market strategies and will be listed on Cboe. The funds aim to deliver twice (200%) the daily performance of a specific underlying stock.
"Layoffs and unemployment remain low as companies navigate through continued uncertainty," said Mitchell Barnes, Economist at The Conference Board. "But tariff pressures are expected to intensify, raising inflation and reducing consumption, which could restrain activity and dampen future hiring."
The alliance enables banks and credit unions to offer fractional stock rewards and round-ups on everyday transactions, building consumer loyalty and a path to financial wellness.
The study also finds Gen X'ers think they'll need $1.57 million to retire comfortably – $310,000 more than the "magic number" national average. When Gen Xers who have saved something for retirement were asked how much they have saved as a multiple of their current annual income, the #1 answer (17%) was 2x.
This marks the third consecutive year of elevated health care cost trends near double digits. Ongoing changes in the health care landscape and external economic pressures make it less likely that cost increases will return to more manageable levels in the future.
The joint venture aligns with an increasingly urgent need for housing solutions that serve the low- to middle-income renter, a demographic facing the greatest affordability strain. With investors actively seeking resilient, income-generating residential sectors, essential housing—supported by long-term federal tax credit programs—offers both stability and opportunity for institutional capital.
World creates a zero knowledge (ZK) Proof of Human so a person's human information is not stored on the blockchain. World's proprietary iris-scanning Orb technology is designed to meet the security and identity challenges of the future, offering a path to a universally trusted digital identity and the foundation for the next generation of online trust, verification and economic exchange.
Designed to deliver practical, trusted, and auditable AI, Verity automates complex processes, uncovers deep analytical insights, and empowers finance and accounting professionals by freeing them from repetitive work.
Overall, Deloitte's retail and consumer products practice projects holiday sales will total $1.61 trillion to $1.62 trillion during the November to January timeframe. E-commerce is expected to grow at a healthy pace of between 7% and 9% year-over-year during the 2025–2026 holiday season.
Through this collaboration, employers who offer Brex cards to their teams can now extend DashPass as a built-in benefit for their teams – a seamless way to offer a high-impact perk through a card employees already use for business expenses. Both the DashPass membership and benefits are available for workplace orders such as team meals, office groceries, and business travel, as well as for personal use.
The funding comes on the heels of Replit growing annualized revenue from $2.8 million to $150 million in less than a year, a more than 50x increase, driven by a global community of more than 40 million users. The new funds will be used for scaling operations, accelerated product development, and global expansion as Replit builds out a new way to work in the era of AI.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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