Retiree benefits bump, credit repayment slump, and a dating app in the dumps
Summary
Hosts discuss three key economic indicators: a 3.4% rise in CPI-W, which drives Social Security cost-of-living adjustments for retirees; a 12.8% credit card delinquency rate, reflecting persistent pandemic-era debt struggles; and Bumble’s 16% drop in paying users, prompting the app to abandon its "women message first" rule. The episode also explores how dating apps are pivoting to in-person events to combat user burnout.
Topics discussed
Intro: Indicators of the Week overview
Sponsors: Capella University and Edward Jones
Social Security COLA and CPI-W inflation data
Rise in seriously delinquent credit card debt
Bumble's user decline and policy reversal
Dating app stock performance: Bumble vs Grindr
Dating app monetization and in-person events
Credits and Workday sponsor message
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