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_credit-card-delinquencies-are-on-the-rise.webp "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
_susan-collins-talks-to-sec-lloyd-austin-about-army-reservist-responsible-for-mass-shooting-in-maine.webp "At a Senate Appropriations Committee hearing on Wednesday, Sen. Susan Collins (R-ME) questioned Sec. Lloyd Austin about a mass shooting in Maine. <br/><br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
Susan Collins Talks To Sec. Lloyd Austin About Army Reservist Responsible For Mass Shooting in Maine
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_sun-shoots-out-biggest-solar-flare-in-nearly-a-decade-but-earth-should-be-safe.webp "The sun produced its biggest flare in nearly a decade Tuesday, just days after severe solar storms pummeled Earth and created dazzling northern lights in unaccustomed places.<br/><br/>“Not done yet!” the National Oceanic and Atmospheric Administration announced in an update.")
_sunil-chhetri-the-icon-of-indian-football-hangs-up-his-boots-announces-retirement-124oneindia-india.webp "Join us as we bid farewell to a footballing icon, Sunil Chhetri, who has announced his retirement from international football after an illustrious 20-year career. Watch as we delve into the details of his announcement, reactions from fans and fellow athletes, and his enduring legacy in Indian sports history. Stay tuned for updates on Sunil Chhetri's farewell match and more from the world of sports. <br/> <br/>#SunilChhetri #SunilChhetriFarewell #SunilChhetriIndianFootball #IndianFootballPlayer #SunilChhetriRetirement #FIFAWorldCup #KuwaitFootballMatch #SportsNews #Oneindia<br/>~HT.97~PR.274~ED.103~"){kind=icon}
Sunil Chhetri, the Icon of Indian Football, Hangs up his Boots, Announces Retirement |Oneindia India
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