Consumers are growing more cautious, according to Klarna CEO Sebastian Siemiatkowski. Siemiatkowski explains that Americans' savings are starting to go down,...
Consumers are growing more cautious, according to Klarna CEO Sebastian Siemiatkowski. Siemiatkowski explains that Americans' savings are starting to go down, while credit card debts are rising and, as a result, they are becoming more selective and price conscious.
Siemiatkowski reiterates that"Klarna is challenging the retail bank industry. This is a trillion dollar market opportunity, so there is very much real potential that this business could be worth hundreds of billions of dollars, if not trillion, if we accomplish what we set out to do.
A market forecaster has been buzzing about a generational buying opportunity in stocks. One long-time market bear disagrees.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Consumers 'starting to cut back' on discretionary spending, Klarna CEO saysConsumers have been resilient so far despite persistently high inflation. Klarna's CEO says that may not be the case for long.
Read more »
Retailers brace for drop in holiday spending as stretched Canadian consumers pull backDeloitte Canada expects Canadians will spend 11 per cent less this holiday season than last year, amid concerns about a recession and their personal finances
Read more »
Retailers brace for drop in holiday spending as stretched Canadian consumers pull backDeloitte Canada expects Canadians will spend 11 per cent less this holiday season than last year, amid concerns about a recession and their personal finances
Read more »
Retailers brace for drop in holiday spending as stretched Canadian consumers pull backDeloitte Canada expects Canadians will spend 11 per cent less this holiday season than last year, amid concerns about a recession and their personal finances
Read more »
Tyson recalls 30,000 pounds of chicken nuggets after consumers report finding metal piecesTyson Foods is recalling nearly 30,000 pounds (13,600 kilograms) of breaded chicken ''Fun Nuggets'' after consumers complained of finding metal pieces in the...
Read more »
Tyson recalls 30,000 pounds of chicken nuggets after consumers report finding metal piecesTyson Foods is recalling nearly 30,000 pounds (13,600 kilograms) of breaded chicken ''Fun Nuggets'' after consumers complained of finding metal pieces in the dinosaur-shaped patties.
Read more »