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Thursday, jun 4
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Klarna
Business
Grocery Bills Causing Major Stress For Most Americans As Food Costs Rise: Poll
Most Americans say grocery prices are now a top source of stress, as inflation and President Donald Trump's tariffs drive up the cost of many everyday essentials, a new poll shows. About 86% said the cost of groceries is a "major" or "minor" source of stress in their lives, according to a national survey from the Associated Press-NORC Center for Public Affairs Research. More than half (53%) said supermarket prices were a major stressor, while just 14% said that groceries aren't a source of stress. Pollsters also found that two-thirds of households earning under $30,…
Business
Gen Z: Future Saving Feels 'Pointless' Amid Economic Strains, New Survey Finds
Nearly half of Gen Z says saving money for the future seems meaningless, with many choosing to spend now and worry later, even as financial stress rises. A new survey from Intuit Credit Karma found that 49% of Gen Z say planning for the future feels pointless, and many would rather enjoy their money now than worry about saving. Despite rising costs and economic uncertainty, 37% of Gen Z plan to spend more in the summer on dining, travel, and entertainment than in past years. About 48% say they will prioritize experiences over saving, even if it means adding financial strain. "The…
Business
Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know
Walmart is using its own financial technology startup to launch a major credit card program. Synchrony Financial and the Walmart-backed firm OnePay announced the new Mastercard on Monday, June 9. The move comes after Walmart ended its previous credit card partnership with Capital One years ahead of schedule. Walmart had leaned on Capital One as its exclusive credit card issuer since 2018, but sued to exit the agreement early in 2023, CNBC reported. Capital One later claimed Walmart wanted to end the contract to shift transactions to OnePay. At the time the partnership ended, the Walma…
News
Buy Now, Pay Later Fuels Summer Travel – But Debt Could Follow You Home
Plenty of Americans are ready to pack their bags this summer – but some could still be paying for their vacations long after the trip ends. Nearly one in five summer travelers (18%) plan to use buy now, pay later services to cover some of their vacation costs in 2025. The findings were part of NerdWallet's 2025 Summer Travel Report. These short-term installment loans may seem like an easy way to book a trip without a big upfront payment, but financial experts warn they can lead to more debt than many travelers expect. "Americans are determined to travel this summer, but they're gettin…
Business
DoorDash Unveils ‘Buy Now, Pay Later’ For Deliveries—Internet Has A Field Day
Struggling to justify that $30 fast food order? No worries–DoorDash is letting you buy now, worry later. The popular food delivery app announced a partnership with Klarna, the buy now, pay later (BNPL) platform, allowing customers to split the cost of their meals, groceries, and even DashPass membership into installment payments. In the coming months, DoorDash users will have three new payment options at checkout: Pay in Full: The traditional method Pay in 4: Split payments into four interest-free installments Pay Later: Defer payments until a later date, aligning them with your paycheck …