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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 👁 33M

WISH-TV

Redeveloping BorgWarner site in Muncie, Indiana

⏲ 1 minute 14 seconds 👁 470

Rapid Granulator, Inc.

⏲ 3 minutes 28 seconds 👁 72

One of Northern Ireland’s leading publicans has completed a major renovation of The Whitefort in west Belfast and created 50 new jobs.<br/><br/>Jim Conlon has played a key role in the evolution of Belfast’s hospitality industry and operates some of the city’s most popular venues including Henrys, The Jailhouse and Whites. And now, he has announced the completion of the first phase of a multi-million pound refurbishment programme of the first bar in his extensive portfolio which he opened a decade ago.<br/><br/>The Whitefort has been completely transformed with the £1.5m investment spanning over two floors. The refreshed interior design was developed by hospitality design specialists O’Donnell O’Neill who have helped to reinvent the spaces to present an entirely new customer experience. <br/><br/>The ground floor has been opened up and now includes an extensive island bar, cocktail bar, restaurant booth seating and staging area for live entertainment. Whilst the second floor is now a contemporary sports bar with 11 pool tables, three interactive dart boards, a media wall for live sports, a premier area for private events accommodating from 10 – 200 people and further staging area. Outside boasts a new sun terrace for al fresco dining.<br/><br/>An exciting new food menu using the best of local ingredients has been created by head chef, David Donnelly. A new pouring partnership has been agreed with Molson Coors expanding the drinks offering to include Coors light, Madri, Carling, Rebel Red, Well Hazy, Punk IPA and Rekorderlig Cider.

One of Northern Ireland’s leading pubs reopens after £1.5million investment creating 50 new jobs

⏲ 1:9 👁 14.2M

BorgWarner

BorgWarner Mexico

⏲ 13 minutes 32 seconds 👁 5.8K

Career Contessa | Job Search + Career Advice

Don't be discouraged if you're working a \"bridge job\" right now

⏲ 1 minute 👁 508

The government found itself between a rock and a hard place.<br/><br/>According to the Minister of National Security, that's what led to Erla Harewood-Christopher getting a one-year extension as police commissioner.<br/><br/>He says the Police Service Commission began advertising for the top cop job on April 12th.<br/><br/>That's just over a month before Harewood-Christopher's term in office was due to end.

HINDS EXPLAINS ERLA'S EXTENSION

⏲ 1:28 👁 1.4M

Shane Hummus

CAREERS that will NEVER be AUTOMATED

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BorgWarner

BorgWarner Company Overview

⏲ 2 minutes 41 seconds 👁 12.4K

A look at Liverpool’s next manager in charge as the emergence of Arne Slot as the front runner to take charge at Anfield took the footballing world by surprise. The aims for the new boss are set to ensure more success at the club but the job will not be easy.

Liverpool have reached ‘Europe’s elite’ in Jurgen Klopp era: How difficult is it to replace him?

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To me, an under-seasoned avocado is like a wasted opportunity. Luckily, I learned a tip at my old job that ensures I never encounter one again.

I Learned the Best Tip for Avocados at My Old Job

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Government minister Mel Stride insists that “we are seeing a resilient labour market,” despite official figures revealing that Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market. The Office for National Statistics said the rate of UK unemployment rose to 4.3%. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Government insist plan is working despite unemployment rise

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