Sebastian Siemiatkowski

Klarna CEO backs Trump’s 10% credit card limit, criticizes rewards based on poorer borrowers’ debt

amefika5 months ago02 mins

Klarna CEO backs Trump’s year-long plan to cap credit card interest rates. Sebastian Siemiatkowski says high rates trap low-income borrowers in costly debt. He says credit card rewards primarily benefit wealthier consumers. Klarna CEO Sebastian Siemiatkowski has expressed support for President Donald Trump’s call to cap US credit card interest rates at 10% for a…

A Portland man with 20 years of experience at Intel lost his job and then his wife too. Are your finances shockproof?

amefika6 months ago05 mins

More than 20 years of accumulated experience at Intel was not enough to save Sriram Ramkrishna’s senior community and developer relations position at the company. In June, the 56-year-old Portland, Oregon, resident heard that his division was in danger and officially lost his job in a round of layoffs in July. To make matters worse,…