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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.")
_haval-h5-top-speed-through-speed-limit.webp "Driver's eyes")
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_health-minister-reveals-plans-to-improve-maternity-care.webp "Mental health minister Maria Caulfield said the government are making maternity care a priority after a parliamentary inquiry into birth trauma found \")
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_contractor-warns-of-potential-catastrophe-if-nasa-goes-ahead-with-scheduled-launch.webp "Contractor Warns of , Potential Catastrophe if NASA , Goes Ahead With Scheduled Launch.<br/>IEN reports that a NASA contractor has publicly <br/>urged the space agency to reconsider an <br/>upcoming launch, warning it could end in disaster.<br/>The news comes after the initial launch <br/>of Boeing's Starliner was scrapped as <br/>the result of a leaky valve just last week. .<br/>The news comes after the initial launch <br/>of Boeing's Starliner was scrapped as <br/>the result of a leaky valve just last week. .<br/>NASA has plans to attempt <br/>another launch later this week. .<br/>ValveTech produces valves <br/>and other components for both <br/>aerospace and military applications.<br/>ValveTech produces valves <br/>and other components for both <br/>aerospace and military applications.<br/>The company issued a press release <br/>warning that a second launch <br/>attempt could end in catastrophe. .<br/>The statement from ValveTech <br/>President Erin Faville called for NASA <br/>to re-double safety checks and protocols. .<br/>The failed launch last week would have been <br/>the first human space flight for Boeing but was <br/>scrubbed after a faulty valve was discovered. .<br/>The Associated Press reported that the fluttering oxygen <br/>pressure-relief valve on United Launch Alliance’s Atlas <br/>rocket may have exceeded its 200,000 lifetime cycles. .<br/>The ValveTech statement questions how <br/>NASA, Aerojet and Boeing could have... .<br/>... \")
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