This Boxing Day shopping season, Australian shoppers are splurging big despite inflation staring with a bloodshot eye. Research conducted by the Australian Retailers Association (ARA) and Roy Morgan Research revealed that Australians are projected to spend a staggering $1.3 billion on Boxing Day, with an additional $2.4 billion expected during the remaining days of December. … Read more
JPMorgan Chase will restrict customers from using its credit cards to fund controversial “buy now, pay later” loans. Starting October 10, the US-based Investment banking company will decline credit card payments for instalment plans offered by companies like Klarna, Affirm, and AfterPay. Chase has been notifying customers about the impending change and advising them to … Read more
Fresh Del Monte Produce Inc. doesn’t just offer an impressive array of canned fruits and veggies but now has a rare pineapple with a shocking price tag: $395.99. This new product comes as many Americans struggle to afford groceries, some even going into debt to put food on the table. The Rubyglow pineapple, cultivated for … Read more
PERSPECTIVE OF A BNPL PROVIDER The three major providers of BNPL services in Malaysia last year were Shopee, Grab, and Atome. According to the CCOB, these three providers made up 97 per cent of all BNPL transactions. Mr Alain Yee, Head of SeaMoney and ShopeePay Malaysia, told CNA that in a similar method to using … Read more
A Reddit user expressed shock in a post after finding out he could pay for milk and bread in instalments. Financing for milk and bread? Yes, you read that right—Klarna’s “Shop Now Pay Later” app allows you to buy groceries and shop for almost anything from top brands across the globe, such as Nike, Instacart, … Read more
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday … Read more
 "Irony of fentanyl sparking a US-China tariff war – Firstpost")
