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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 👁 30.1M

LD4

Tutorial: Wikidata: Intro to the Basics

⏲ 1 hour 33 minutes 54 seconds 👁 1.2K

Denny Vrandečić

The History of Wikidata

⏲ 15 minutes 👁 774

U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve’s 2% inflation target. Last month, the Consumer Price Index (CPI) showed a year-over-year increase of 3.4%.

US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets

⏲ 0:55 👁 15.1M

Tech Tangents

Data General Minicomputers: The First Step

⏲ 45 minutes 15 seconds 👁 27.4K

Tech Tangents

I bought 1970s Data General Mini Computers!

⏲ 49 minutes 46 seconds 👁 89.2K

The Super Flower Blood Moon lunar eclipse on May 15-16, 2022 was captured by the Griffith Observatory in California. See the entire eclipse in this time-lapse.<br/><br/>Footage courtesy: Griffith Observatory

Amazing Super Flower Blood Moon Eclipse Time-Lapse

⏲ 1:6 👁 8.5M

wikipedia tts

Eclipse (computing) | Wikipedia audio article

⏲ 18 minutes 32 seconds 👁 7

Columbia SPS

Wikidata, Knowledge Graphs, and Beyond

⏲ 18 minutes 46 seconds 👁 6.3K

Tal Cohen, President, Nasdaq, Inc. Katherine Wetmur, Managing Director and Chief Information Officer, Cyber, Data, Risk and Resilience, Morgan Stanley Moderator: Luisa Beltran, FORTUNE

Future of Finance 2024: Navigating Risks and Rewards of Latest Technologies

⏲ 17:38 👁 6M

Computer History Archives Project("CHAP")

NASA Computers 1957-1959 IBM 704 - VANGUARD SATELLITE Launch \"Science in Space\" (Burroughs Datatron)

⏲ 29 minutes 13 seconds 👁 18.7K

The 8-Bit Guy

Osborne 1 Computer Restoration Part 1

⏲ 11 minutes 8 seconds 👁 811.4K

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