Prof G Markets

Wall Street Panics Over NYC Mayor, Layoffs at Bumble & BNPL Debt Hits Your Credit Score

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Jun 26, 2025
Anna Ivini, Associate Editor of Features at Mashable, dives into the fluctuating world of dating apps and changing consumer behavior. She reveals Bumble's recent struggles amid layoffs and how Gen Z is shifting towards matchmaking services for deeper connections. The conversation also emphasizes how Buy Now, Pay Later services pose risks to credit scores, debunking myths that can lead to financial pitfalls. It's a candid look at the intersection of technology, relationships, and modern financial practices.
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INSIGHT

Social Media Powers Socialist Win

  • Zoran Mamdani's socialist win shows political change driven by young voters angry at high costs.
  • He mastered short-form social media, especially TikTok, to energize and mobilize a new generation.
INSIGHT

Critique of Socialist Policies

  • Mamdani's policies, like rent freezes and government grocery stores, ignore market realities and risk worsening issues.
  • Rent freezes discourage housing construction and govt grocery stores could create monopolies and higher prices.
INSIGHT

Mamdani's Campaign Echoes Trump

  • Mamdani shares strategies with Trump: affordability messaging and social media tactics.
  • New York remains unique and will likely retain human capital despite fears of wealthy exodus.
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