Tag Archives: pay

With food inflation still hot, consumers turn to buy now, pay later to buy groceries and takeout

With food inflation still hot, consumers turn to buy now, pay later to buy groceries and takeout

Money is tight, food prices are soaring, and that’s turning more and more Americans to buy now, pay later options to stay afloat. Last year, some 15 million consumers — or 6.5% of the US population — reported using BNPL installment loans to pay for groceries or manage their weekly food expenses, according to research from PYMNTS Intelligence. Out of that share, about 5.4% of the households using BNPL to afford groceries were low-income. Meaning there was still a slim share of… Source link

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49ers reportedly plan to release DL Arik Armstead after he declined ‘significant’ pay cut

49ers reportedly plan to release DL Arik Armstead after he declined ‘significant’ pay cut

The San Francisco 49ers intend to release defensive lineman Arik Armstead after the two sides failed to agree on a restructured contract, according to multiple media reports. Per NBC’s Matt Maiocco, Armstead declined to take “a significant pay cut” to his scheduled salary of $17.4 million next season on the final year of his five-year, $85 million contract. He’ll hit the market as a free agent. NFL’s free agency period officially starts Wednesday. News of Armstead’s pending release arrives… Source link

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