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news@hexbear.netEnglish · 2 months ago

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

www.bloomberg.com

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

www.bloomberg.com

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news@hexbear.netEnglish · 2 months ago

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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vovchik_ilich [he/him]@hexbear.net
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2 months ago

Consumers shift

Funny how they give action to consumers for this. “Consumers shift”, not “the market forces consumers to only acquire staples”
- Isopod_Activities [any, any]@hexbear.net
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  hot new trend among gen z and millenials: requiring food and shelter
  - PeeOnYou [he/him]@lemmygrad.ml
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    2 months ago
    millennials are killing small business!

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