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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-innovators-welcome-to-take-on-hungertech-challenge.webp "AgriNovus Indiana")
_top-10-innovators-who-changed-the-world.webp "WatchMojo.com")
_celtics-scrape-by-cavs-in-game-4-win-124-how-39bout-them-celtics.webp "Sam and Jack are back with another Boston Celtics podcast. In this one, they break down the Celtics' 109-102 win over the Cleveland Cavaliers in Game 4. They discuss the Celtics' awkward offense, their inconsistent defense, and the top performances from Jayson Tatum and Jrue Holiday. Let us know your thoughts, and as always, thanks for listening to How 'Bout Them Celtics!<br/><br/>Podcast Twitter: @HowBoutThemCs<br/>Sam's Twitter: @SamLaFranceNBA<br/>Jack's Twitter: @JackSimoneNBA<br/><br/>#celtics #bostonceltics #celticsnews #celticsrumors #celticstraderumors #celticspodcast #celticspod #nbapodcast #nba #bostoncelticsnews #howboutthemceltics #neemiasqueta #alhorford #xaviertillman #jaysontatum #jaylenbrown #derrickwhite #kristapsporzingis #jrueholiday #samhauser #lukekornet #paytonpritchard #jadenspringer #oshaebrissett #svimykhailiuk #jddavison #jordanwalsh #joemazzulla #bradstevens #nbaplayoffs #cavs #cavaliers #celticscavs #celticscavaliers #cavsceltics #cavaliersceltics #clevelandcavaliers #celticscavaliersgame4 #celticscavsgame4<br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Go to https://PrizePicks.com/CLNS<br/><br/>Take the guesswork out of buying NBA tickets with Gametime. Download the Gametime app, create an account, and use code CLNS for $20 off your first purchase. Download Gametime today. Last minute tickets. Lowest Price. Guaranteed. Terms apply.<br/><br/>Elevate your style game on and off the course with the PXG Spring Summer 2024 collection. Head over to https://PXG.com/GARDENREPORT and save 10% on all apparel.<br/><br/>Nutrafol Men! Take the first step to visibly thicker, healthier hair. For a limited time, Nutrafol is offering our listeners ten dollars off your first month’s subscription and free shipping when you go to https://Nutrafol.com/MEN and enter the promo code GARDEN!")
_the-innovator.webp "The Woolmark Company")
_welcome-to-the-harvard-innovation-lab.webp "Harvard Innovation Labs")
_wnba-updat3-dallas-wings-fly-high-in-a-87-79-victory-over-the-chicago-sky-124-arike-ogunbowale-25-points.webp "Ogunbowale has consistently delivered in crucial moments, and their performance in the game against the Chicago Sky was no exception. Despite trailing in the first half, Dallas mounted a comeback to secure an 87-79 win with less than two minutes remaining.<br/><br/><br/>Head coach Latricia Trammell said postgame that the key to winning this matchup was the teams' ability to be efficient on both ends of the court. <br/><br/><br/>\")
_insurance-innovators-124-welcome-to-2019.webp "Insurance Innovators")
_9-greatest-innovators-of-the-century-so-far.webp "WatchMojo.com")
_red-lobster-announces-nearly-100-locations-will-be-shut-down.webp "Red Lobster Announces, Nearly 100 Locations , Will Be Shut Down.<br/>NBC reports that approximately 99 Red Lobster locations <br/>will be auctioned off as the seafood chain faces <br/>questions regarding the company's long-term future.<br/>Founder and CEO of the liquidation firm TAGeX Brands, <br/>Neal Sherman, said he would lead the closure of over <br/>50 locations in a May 13 LinkedIn post.<br/>Sherman said equipment from the <br/>locations will be auctioned off.<br/>Locations will reportedly be closed across <br/>the United States, including Denver, <br/>Indianapolis, California and New York.<br/>On May 14, Restaurant Business Magazine reported <br/>a total of 99 locations would close, representing <br/>about 15% of the company's 700 locations. .<br/>NBC reports that the largest seafood <br/>restaurant in the U.S. has struggled with debt, <br/>unfavorable leases and executive turnover.<br/>The chain's troubles also stem from ill-advised <br/>strategies like an all-you-can-eat-shrimp promotion <br/>in 2023 that resulted in a significant loss.<br/>Earlier in 2024, the chain's largest investor, <br/>Thai Union, announced that it would <br/>seek to exit its position. .<br/>The combination of Covid-19 pandemic, <br/>sustained industry headwinds, higher <br/>interest rates and rising material and <br/>labor costs have impacted Red Lobster, <br/>resulting in prolonged negative <br/>financial contributions to <br/>Thai Union and its shareholders, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC.<br/>After detailed analysis, we have <br/>determined that Red Lobster’s <br/>ongoing financial requirements <br/>no longer align with our capital <br/>allocation priorities and <br/>therefore are pursuing an exit <br/>of our minority investment, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC")
_the-innovation-cycle.webp "Questacon")
_calling-all-innovators-124-50-most-innovative-companies.webp "Boston Consulting Group")
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