American credit card defaults have surged to the highest levels since the aftermath of the 2008 financial crisis, as consumers continue to grapple with years of high inflation. In the first three quarters of 2024, credit card lenders wrote off $46 billion in delinquent loan balances, marking a 50 percent increase from the same period last year. These write-offs, considered a highly monitored measure of loan distress, are the highest since 2010, according to industry data gathered by BankRegData.
In a letter addressed to Nora Vargas, the outgoing chair of the San Diego County Board of Supervisors, senior counsel at the America First Legal Foundation (AFL) made it clear that illegals in the U.S. will be removed under the upcoming administration.
An Alaska Airlines flight experienced significant turbulence while approaching Phoenix during the bustling holiday travel season, resulting in injuries to several crew members and one passenger, according to an airline spokesperson.
Starting January 1, 2025, California will enforce a new law prohibiting drivers from parking within 20 feet of a crosswalk—marked or unmarked—regardless of curb color.
A federal appeals court upheld a jury's decision that found President-elect Donald Trump liable for sexually assaulting E. Jean Carroll. Trump was ordered to pay $5 million.
