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Linus Tech Tips
Linus Tech Tips
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_doom-didn39t-kill-the-amiga-wolfenstein-3d-did.webp "Modern Vintage Gamer")
_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.")
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_germany-limits-cash-benefit-payments-for-asylum-seekers-as-migration-numbers-increase.webp "The new rule issues migrants a benefit card for local use, limiting cash withdrawals and banning international transfers.")
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_batt-warns-public-about-credit-card-fraud.webp "While fraudulent activity relating to debit cards are on a decline, the opposite is true as it pertains to credit card fraud.<br/><br/><br/>The Bankers Association of T&T has provided insight into what customers should look out for when shopping online to better protect their information.<br/><br/><br/>BATT has also responded to claims by the police that getting information on fraud from banks is a very slow process.<br/><br/><br/>Alicia Boucher has the details.")
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