news@hexbear.netEnglish · 2 months ago

Consumers Shift Spending to Pay for Basic Staples, Citi CFO Says

www.bloomberg.com

cross-posted to:
usa@lemmy.ml

Consumers Shift Spending to Pay for Basic Staples, Citi CFO Says

www.bloomberg.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

news@hexbear.netEnglish · 2 months ago

cross-posted to:
usa@lemmy.ml

Credit losses are rising as US consumers shift spending to basic needs and away from purchases that aren’t vital, according to Citigroup Inc. Chief Financial Officer Mark Mason.

https://archive.is/UKTW6

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the future of the economy is the last five living humans, all billionaires, taking turns buying and selling the world’s last megayacht

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