Klarna Credit Losses Climb, AMC Slashes Ticket Prices, and Amazon Says Tariffs Aren’t Hurting
In today’s episode, Klarna reports a 17% spike in credit losses, highlighting growing risks in the buy now, pay later market as more users rely on installment loans for necessities. New Census data shows a long-term shift toward renting across all age groups, with high housing costs pushing even retirees away from homeownership. AMC is slashing ticket prices by 50% on Wednesdays to revive midweek attendance with studio backing. Meanwhile, Amazon CEO Andy Jassy says Trump’s tariffs haven’t dented consumer spending, as Amazon’s pricing strategies continue to shield shoppers—unlike other major retailers. And finally, Lowe’s reaffirms its full-year outlook as pro customer spending offsets weaker DIY demand, projecting modest year-over-year growth in a challenging home improvement market.
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