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.
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.
Alan Dershowitz, Harvard law professor emeritus, told Newsmax on Sunday that Hamas is likely to release a small number of American hostages before President-elect Donald Trump’s inauguration on January 20. Speaking on Sunday Report, Dershowitz predicted this move as a symbolic gesture toward Trump but emphasized it would not halt the ongoing conflict in the Middle East.
President-elect Donald Trump extended his condolences following the passing of former President Jimmy Carter, offering a heartfelt tribute to Carter’s service and legacy. Trump shared his remarks on Truth Social, emphasizing the unique bond shared by those who have served as President of the United States.
Reports suggest that Joe Biden privately regrets his decision to withdraw from the 2024 presidential race and believes he could have defeated Donald Trump in a rematch.
The Panama Canal, often heralded as one of the Wonders of the Modern World, is far more than a feat of engineering—it is a cornerstone of U.S. national security and economic prosperity.
The Federal Aviation Administration (FAA) and the National Park Service (NPS) have approved a plan to prohibit commercial air tours over Canyon de Chelly National Monument in northeastern Arizona.
