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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.")
_all-about-the-delhi-excise-policy-case-allegations-against-arvind-kejriwal-124-delhi-liquor-scam.webp "The Indian Express")
⏲ 2 minutes 23 seconds 👁 16.2K
_punjab-cabinet-approves-excise-policy-for-2024-25-targets-rs-10350-crore-annual-revenue.webp "The Tribune")
⏲ 13 minutes 59 seconds 👁 2K
_universities-warn-of-fall-in-number-of-international-student-applications.webp "Universities have reported a fall in the number of applications from international students, as they urged the Government against any further changes to its migration policy.")
_aap-defends-delhi-excise-policy-states-punjab-liquor-policy-amp-rs-4000-cr-surplus-revenue.webp "India Today")
⏲ 5 minutes 13 seconds 👁 1.3K
_what-was-the-new-delhi-excise-policy-all-about-and-why-is-arvind-kejriwal-in-trouble.webp "The Hindu")
⏲ 3 minutes 31 seconds 👁 8.1K
_rr-vs-pbks-ipl-2024-stat-highlights-punjab-kings-win-by-five-wickets-against-rajasthan-royals.webp "Punjab Kings defeated Rajasthan Royals by five wickets to secure their fifth win of the IPL 2024. Chasing 145 runs, PBKS went past the target in 18.5 overs.<br/>")
⏲ 1:55 👁 2.7M
_punjab-news-today-124-sad-wants-cbi-probe-into-delhi-excise-policy-extended-to-punjab-124-news18.webp "CNN-News18")
⏲ 9 minutes 44 seconds 👁 221
_punjab39s-new-liquor-excise-policy-124-punjab-fm-to-et-now.webp "ET NOW")
_39outsourced-our-immigration-policy-to-criminal-cartels39-john-cornyn-slams-biden-over-border-crisis.webp "During a Senate Judiciary Committee hearing on Wednesday, Sen. John Cornyn (R-TX) criticized President Biden for his handling of illegal immigration at the southern border.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 6:43 👁 5.5M
_despite-tweaking-excise-policy-liquor-vends-refuse-to-open-up-in-punjab-124-abp-news.webp "ABP NEWS")
⏲ 2 minutes 22 seconds 👁 10.4K
_new-liquor-policy-124-excise-policy-124-news18-punjab.webp "News18 Punjab/Haryana/Himachal")
⏲ 2 minutes 48 seconds 👁 2.6K
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