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
us_news

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
us_news

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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2 months ago
But I thought it was supposed to create property and plenty for everyone

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