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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.

Credit Card Delinquencies Are on the Rise

⏲ 1:31 👁 30M

Bureau of Reclamation

Grand Coulee Dam: A Man-Made Marvel (Full Movie)

⏲ 42 minutes 37 seconds 👁 1.7M

Bureau of Reclamation

Fit for the Future - Grand Coulee Dam's Third Power Plant Upgrades

⏲ 2 minutes 49 seconds 👁 8.1K

China on Monday, May 13, denied the Philippines’ allegation that it was building an artificial island in the disputed South China Sea waters.<br/><br/>The Philippine Coast Guard said on Saturday that it had deployed a ship to deter what it called reclamation activities by China on Sabina Shoal, an atoll of the contested Spratly archipelago.<br/><br/>Chinese Foreign Ministry spokesperson Wang Wenbin refuted the claim as “groundless” and “fabricated” at a daily news briefing in Beijing.<br/><br/>Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin<br/><br/>Visit our website at http://mb.com.ph<br/>Facebook: https://www.facebook.com/manilabulletin <br/>Twitter: https://www.twitter.com/manila_bulletin<br/>Instagram: https://instagram.com/manilabulletin<br/>Tiktok: https://www.tiktok.com/@manilabulletin<br/><br/>#ManilaBulletinOnline<br/>#ManilaBulletin<br/>#LatestNews<br/>

China denies the Philippines' allegation that it is building an artificial island in West Philippine Sea

⏲ 0:33 👁 70.1M

Bureau of Reclamation

Protecting Critical Infrastructure

⏲ 3 minutes 31 seconds 👁 8.6K

Bureau of Reclamation

Relaying to the Power Grid

⏲ 4 minutes 31 seconds 👁 4.1K

Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. said there is no room for illegal vape and cigarettes in the country. <br/><br/>With a nationwide crackdown underway, Lumagui said the BIR is actively pursuing all individuals involved in the illicit sale of these products.<br/><br/>President Marcos Jr. earlier directed the Bureau of Customs and the BIR to strengthen their anti-smuggling measures targeting illegal tobacco and vape products.<br/><br/>READ: https://mb.com.ph/2024/5/15/bir-confiscates-untaxed-cigarettes-in-palawan<br/><br/>Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin<br/><br/>Visit our website at http://mb.com.ph<br/>Facebook: https://www.facebook.com/manilabulletin <br/>Twitter: https://www.twitter.com/manila_bulletin<br/>Instagram: https://instagram.com/manilabulletin<br/>Tiktok: https://www.tiktok.com/@manilabulletin<br/><br/>#ManilaBulletinOnline<br/>#ManilaBulletin<br/>#LatestNews

BIR confiscates untaxed cigarettes in Palawan

⏲ 0:48 👁 1.2M

Bureau of Reclamation

The Yankee Fork, A Tale of Tailings

⏲ 24 minutes 56 seconds 👁 25.3K

Bureau of Reclamation

Putting a Stop to Stop-Logs

⏲ 4 minutes 47 seconds 👁 9.7K

Here are today's headlines – the latest news in the Philippines and around the world:<br/>Philippine coast guard won’t allow China reclamation at disputed shoal, official says<br/>Estrada snaps at dismissed PDEA agent Morales for calling him 'convicted' <br/>DFA to probe reports of ‘illegal and unlawful’ activities by diplomats in PH <br/>Amid management fallout, Carlos Yulo still focused on Olympic bid<br/>‘This will be our 4th angel’: Heart Evangelista suffers another miscarriage<br/><br/>https://www.rappler.com/video/daily-wrap/may-13-2024/

PCG won't allow Chinese reclamation in Sabina shoal | The wRap

⏲ 5:25 👁 24.9M

Old TV Time

The Mighty Columbia River (1947)

⏲ 9 minutes 59 seconds 👁 76.2K

Energi Media

Woodland Cree on unceded territory, rejects Obsidian claim to play by AER rules

⏲ 13 minutes 4 seconds 👁 137

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