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Popular Payment App Sounds a Warning About Consumer Spending

Since mid-2021, consumer spending has generally been strong, and that's actually led to an extreme uptick in prices. Is consumer spending heading for a decline? In early February, PayPal executives issued a warning during the company's earnings call that consumer spending is about to decline, and possibly in an extreme manner. Read More...

Since mid-2021, consumer spending has generally been strong, and that’s actually led to an extreme uptick in prices. Is consumer spending heading for a decline? In early February, PayPal executives issued a warning during the company’s earnings call that consumer spending is about to decline, and possibly in an extreme manner.

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