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Americans owe over $1 trillion collectively in credit card debt, the Federal Reserve Bank of New York reported Tuesday. The average credit card balance per consumer exceeds $6,000, up 8.5% from the previous year. More borrowers are falling behind on credit card payments, with less than 9% of balances transitioning to delinquency. Serious delinquencies past 90 days reached their highest level since 2010. Younger adults have taken on more debt to cover the rising rent costs, student loans, and auto loans. Credit cards charging an average of 20% interest are typically the most expensive debt.
⏲ 0:40 👁 1.7M
tecmath
⏲ 10 minutes 42 seconds 👁 4.3M
eHowEducation
⏲ 1 minute 12 seconds 👁 19.6K
Tesla recently laid off around 500 employees, including senior leadership of its Supercharging team, raising concerns about the future of Tesla's EV charging network. Tesla's Supercharging network is one of the largest in the world with over 55,000 charging ports, and is seen as one of Tesla's most valuable assets. The abrupt cuts have created uncertainty about its expansion plans. Tesla's CEO Elon Musk said the company will still invest $500 million in Superchargers this year, but expand faster than before. The cuts come as Tesla faces more competition from other automakers expanding their EV options and charging networks.
⏲ 0:41 👁 315K
Calculator Club
⏲ 2 minutes 17 seconds 👁 32.5K
DShannonAlgebra
⏲ 2 minutes 13 seconds 👁 93
ದೇಶದಲ್ಲಿ ಲೋಕಸಭೆ ಚುನಾವಣೆಯು ಕೊನೆ ಹಂತಕ್ಕೆ ತಲುಪುತ್ತಿದೆ. ಇದರ ಬೆನ್ನಲ್ಲೇ ಗೆಲುವಿನ ಲೆಕ್ಕಾಚಾರ ಜೋರಾಗಿದೆ. ಎಲ್ಲಾ ಪಕ್ಷಗಳು ನಮಗೆ ಗೆಲುವಿನ ಹಾರ, ನಮ್ಮದೇ ಅಧಿಕಾರ ಎಂದು ಆತ್ಮವಿಶ್ವಾಸ ವ್ಯಕ್ತಪಡಿಸುತ್ತಿದ್ದಾರೆ. ಚುನಾವಣಾ ತಂತ್ರಜ್ಞ ಪ್ರಶಾಂತ್ ಕಿಶೋರ್ ಅವರು ತೆಲಂಗಾಣದಲ್ಲಿ ಬಿಜೆಪಿ ಮತ್ತು ಕಾಂಗ್ರೆಸ್ ನಡುವಿನ ತೀವ್ರ ಪೈಪೋಟಿ ನಡೆಸುತ್ತಿದೆ.The Lok Sabha elections in the country are nearing their end. After this, the calculation of victory is high. All the parties are confident that we have the crown of victory, our own authority. Electoral strategist Prashant Kishore said that in Telangana, there is a fierce competition between the BJP and the Congress. <br/> <br/>#RahulGandhi #BJP #NarendraModi #Congress #Amitshah #LokasabhaElections2024 #Karnataka #DKShivakumar #Siddaramaiah #PrashanthKishor #BRS #ChandraShekar <br/><br/>~HT.188~ED.34~PR.160~
⏲ 2:25 👁 1M
MooMooMath and Science
⏲ 2 minutes 23 seconds 👁 23.1K
QnA Explained
⏲ 41 seconds 👁 452
One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).
⏲ 1:18 👁 3.3M
QnA Explained
⏲ 49 seconds 👁 14
The Organic Chemistry Tutor
⏲ 11 minutes 36 seconds 👁 1.6M
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