Allianz Mohamed El-Erian warned that the US affordability debate overlooks income anxiety as wages fail to keep pace with living costs. Meanwhile, Jumia shares slid nearly 15% in premarket trading after the e-commerce firm widened its 2025 loss forecast to $50-$55 million. CEO Francis Dufay reaffirmed the company target to achieve breakeven in Q4 2026 and full-year profitability by 2027.