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Delinquency rates among American credit card holders are at an all-time high, while at the same time a record number of “active accounts” have “a balance of over $2,000,” according to a Federal Reserve Bank of Philadelphia report. We’re more than three years into the Biden presidency, so we all know where the blame lies. More from Bloomberg: Almost 3.5% of card balances were at least 30 days past due as of the end of December, the Philadelphia Fed said. That’s the highest figure in the data series going back to 2012, and up by about 30 basis points from...

BREAKING: #Bitcoin reaches new all-time high of $69,420 https://twitter.com/WatcherGuru/status/1766123788553404744 Crypto Priceshttps://www.coingecko.com/

Joe Biden, the first sitting president suggested to be incompetent to stand trial, will give his State of the Union address Thursday night with a near-record high disappoval rating. According to the RealClearPolitics average poll of polls, His Fraudulency Joe Biden’s job disapproval rating sits at a devastating 57.3 percent—a 2.4-point jump since February 20 and a nearly six-point increase from a year ago. Hunter’s Dad’s job approval rating currently sits at an anemic 39.1 percent, so he is 18.2 points underwater.

Federal budget analysts said Wednesday that debt held by the U.S. public is on track to hit a record high in the coming years because the federal budget deficits are projected to climb over the next decade. The Congressional Budget Office (CBO) projected the debt held by the public will rise significantly over the next decade, climbing from 99 percent of GDP in 2024 to 116 percent in 2034. The jump would mark a high-water mark, the CBO said, while noting that, absent policy changes, the debt is likely to continue the upward trajectory after 2034. Federal outlays are also...

Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting a new record high at the end of December, according to a New York Federal Reserve report published Tuesday. In the three-month period from October to December, total credit card debt surged to $1.13 trillion, an increase of $50 billion, or 4.6% from the previous quarter, according to the report. It marks the highest level on record in Fed data dating back to 2003 and the ninth consecutive annual increase. There was also an uptick in borrowers who are struggling with credit card, student and...

An off-duty pilot allegedly tried to shut off the engines on an Alaska Airlines plane while it was on its way to San Francisco, police said. The plane on Flight 2059 was travelling from Everett, Washington, but had to be diverted to Portland, Oregon, after the incident. Horizon Air, a subsidiary of Alaska Airlines, said the presence of a "credible threat" in the jump seat of the cockpit’s flight deck. "The jump seat occupant unsuccessfully attempted to disrupt the operation of the engines," read a statement from the airline. "The Horizon Captain and First Officer quickly responded, engine power was...

The out-of-control airline pilot who tried to down an Alaskan Airlines flight midair told cops he had taken magic mushrooms before the flight, it emerged Tuesday. Joseph Emerson, 44, an off-duty commercial airline pilot, went off the rails while sitting in the cockpit jump seat of a flight between Everett, Washington, and San Francisco on Sunday — trying to cut the fuel to the engines before he had to be held down by crew members. Even while restrained, Emerson tried to open the emergency doors on the Alaskan flight, which was being operated by Horizon Air, as the pilots frantically...

U.S. oil prices reached $90 a barrel Thursday for the first time in nearly a year, with the spike coming shortly after Saudi Arabia announced extended production cuts. West Texas Intermediate crude prices hit $90.25 Thursday, surpassing $90 for the first time since last November. The report comes just more than a week after Saudi Arabia announced that the supply cuts of 1 million barrels will be extended through the remainder of 2023, with the state-run Saudi Press Agency saying the cuts would be reviewed monthly with the possibility of increases or decreases. Another oil price measure, international benchmark Brent...

Prices at the pump in the US hit an eight-month high this week — boosted by the increased cost of crude oil as producers slash output. According to roadside assistance company AAA, as of Friday, the average national gas price is $3.73 per gallon for regular gas — up 20 cents from last month’s average. The more fuel-efficient premium gas, meanwhile, has surged to nearly $4.50 — also a 20-cent increase from June. California’s average is the highest, at $4.95 per gallon of regular gas. In counties like Mono, for example, located just outside Yosemite National Park, the price per...

An 18-month-old Florida girl “baked to death” after police said her parents left her alone in a car all night in 105-degree heat after returning home from a Fourth of July party where they drank alcohol and smoked marijuana. Joel and Jazmine Rondon, both 33, from Lakeland, have been arrested on a charge of aggravated manslaughter of a child in what Polk County Sheriff Grady Judd described as their daughter’s “torturous” hot-car death, which he blamed on “negligence and drug use.” The couple went to a party on Tuesday with their three children, all under the age of 9, and...

Earth’s average temperature on Wednesday remained at an unofficial record high set the day before, the latest grim milestone in a week that has seen series of climate-change-driven extremes. The average global temperature was 17.18 Celsius (62.9 degrees Fahrenheit), according to the University of Maine’s Climate Reanalyzer, a tool that uses satellite data and computer simulations to measure the world’s condition. That matched a record set Tuesday and came after a previous record of 17.01 Celsius (62.6 degrees Fahrenheit) was set Monday. While the figures are not an official government record, “this is showing us an indication of where we...

Economists no longer expect inflation to come down as rapidly as they forecast earlier this year. The median expected rate of inflation moved up to 4.2 percent in 2023, higher than the forecast of 3.9 percent the survey predicted in February, the National Association for Business Economics survey found. That is more than twice the Fed’s target inflation rate of two percent. The Fed raised its interest rate target rapidly last year in an effort to bring down inflation.

Monthly housing payments hit a record high this week after mortgage rates rose for the first-time in more than a month, according to data from real estate brokerage Redfin. The average 30-year fixed rate mortgage jumped to 6.39 percent this week, pushing up the typical homebuyer’s monthly payment to $2,538. At the same time a year ago, the average mortgage rate stood at 5.11 percent. This week’s rise in mortgage rates followed a dip in the number of new homes under construction, which could put even more pressure on would-be buyers. “There’s not much on the shelves to choose from,...

Chinese state-owned television aired footage of a high-altitude balloon dropping hypersonic weapons in 2018. The stunning footage displays a high-altitude balloon, not dissimilar from the one that traversed over the United States last week, carrying three hypersonic glide vehicles (HGVs) into high altitude and dropping them for testing. Chinese state broadcaster CCTV reported on the weapons test in September 2018. The footage has since been deleted from Chinese media, but photographs and short clips can still be found online. In one post from 2018, a Twitter user shared footage from Douyin, China’s version of TikTok, which shows the balloon lifting...

President Biden acknowledged Monday that Democrats keeping control of Congress is “a very high expectation” amid final midterm predictions that show Republicans with an increased likelihood of taking over the House and Senate. At two Democratic National Committee virtual receptions the day before the election, Biden said he remained optimistic about the prospect of Democrats keeping control of Congress while making a push for voter turnout.

Gas prices on Memorial Day soared to a record high of $4.619 per gallon, up nine cents over the weekend, according to AAA. Last year, gas prices were averaging around $3 per gallon, and in May of 2020, gas prices were around $1.77 cents.

Former Trump attorney and New York Mayor, Rudy Giuliani got up and spoke and ripped into Hunter Biden and the Democrats during his 30-minute speech. It’s one particular part of the speech where he goes into detail about what he saw on Hunter’s laptop and the illicit activities that he would carry out around minors that he describes in the video below that get really shocking. Speaking about Hunter, Giuliani described the pictures he’s seen, “I have maybe 100, 200, 300 pictures of him. I have pictures of him in closets with crack smoke around. Walking around with no clothes...

TAMPA, Fla. (WFLA) — A 51-year-old Florida man told authorities he was “high and happy” after he was stopped for recklessly driving Wednesday morning, according to the Monroe County Sheriff’s Office. Deputies said Theodore John Evans, 51, of Jupiter, was stopped Wednesday after multiple callers reported a Toyota RAV4 running red lights, passing in no-passing zones and not staying within the lanes. Deputies said Evans’ eyes were bloodshot and watery, and a release said Evans, “behaved erratically, speaking quickly and nonsensically about how high and happy he was due to his use of a vape pen.” Marijuana candies, a...

"The criminal cases against the student and parents for their alleged responsibility in the Nov. 30, 2021 Oxford High School shootings returned to court last Friday. "...Ethan Crumbley, 15, waived his right to a preliminary exam and his case moves to the Oakland County Circuit Court." "Parents Jennifer and James Crumbley appeared before Judge Julie Nicholson..." "James worked as a DoorDash delivery driver, while Jennifer’s employment was terminated." “The only ties these two individuals have — other than their son who is awaiting trial — are out of state,” McDonald said. “Both defendants’ families live in Florida. James Crumbley’s other...

COVID spike despite mask mandates, 100 per cent vaccine take up.Gibraltar has cancelled official Christmas events and urged people to avoid gatherings to combat an “exponential” spike in COVID cases despite its entire adult population being fully vaccinated.Known as “the most vaccinated place on earth,” technically more than 118 per cent of the British Overseas territory’s population is fully vaxxed because Spaniards also enter the country to work every day.That has done little to prevent what the health minister called “a drastic increase in the numbers of people testing positive for Covid-19 in recent days.”Labeling the increase “exponential,” Samantha Sacramento...