US Credit-Card Delinquency Rates

US credit-card delinquency rates hit record high in the fourth quarter, with almost 3.5% of card balances at least 30 days past due. The share of debts that are 60 and 90 days late also increased. Many consumers are stretching credit lines further amid added pressure on household finances. Credit scores for some cardholders have decreased, indicating potential performance deterioration.

Federal Reserve's stance on cutting rates and the rebuilding of the Francis Scott Key Bridge in Baltimore

Federal Reserve Chair Jerome Powell states that the Fed isn't considering cutting rates despite rising inflation. The cost and time to rebuild the Francis Scott Key Bridge in Baltimore are expected to be much higher and longer than initially estimated.

Obesity Epidemic

Rates of obesity have doubled among adults and quadrupled among children and adolescents since 1990, affecting over 1 billion people worldwide. The condition is now the leading form of malnutrition globally.