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#Russia. Wheel on motorway. There was a man on the side of the road who got hit by a tire in the end. There is no information about his condition.
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High-income Americans are increasingly falling behind on debt payments:
Delinquencies on credit card and auto loan debts from Americans making at least $150,000/year have jumped +18% over the last 2 years.
This is nearly double the rate for the $45,000-$150,000 income group.
At the same time, low-income borrowers have seen increases of +8.1% in auto loan delinquencies and +2.5% in credit card delinquencies.
Meanwhile, the share of Americans making late credit card payments in the highest-income zip codes has surged TWICE as much as in the lowest-income zip codes over the last year, according to the St. Louis Fed.
High rates are clashing with a weak labor market.
US consumers are under pressure.
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Delinquencies on credit card and auto loan debts from Americans making at least $150,000/year have jumped +18% over the last 2 years.
This is nearly double the rate for the $45,000-$150,000 income group.
At the same time, low-income borrowers have seen increases of +8.1% in auto loan delinquencies and +2.5% in credit card delinquencies.
Meanwhile, the share of Americans making late credit card payments in the highest-income zip codes has surged TWICE as much as in the lowest-income zip codes over the last year, according to the St. Louis Fed.
High rates are clashing with a weak labor market.
US consumers are under pressure.
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JUST IN - FBI Director Patel finds thousands of Trump–Russia probe docs inside "burn bags" in a secret room at the FBI.
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58% of Americans disapprove of Trump’s handling of the Epstein files, according to a Washington Post poll.
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This is Cincinnati City Councilor Victoria Parks, who wrote the 3 White elderly people attacked at their jazz festival “begged for it”. Here she is advocating for free housing, food and DEI jobs.
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The latest embryo selection company is live, and guess what:
They're publicly letting people select for IQ!
If you want to see what they can do for your family for a variety of traits, go check out their website where they've got a calculator app available.
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They're publicly letting people select for IQ!
If you want to see what they can do for your family for a variety of traits, go check out their website where they've got a calculator app available.
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He created a device that lets paralyzed individuals control phones, tablets, and computers with only their tongue.
Created by MIT-trained engineer Tomás Vega, the device sits on the roof of the mouth and works like a wireless trackpad.
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Created by MIT-trained engineer Tomás Vega, the device sits on the roof of the mouth and works like a wireless trackpad.
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This is incredible:
US imports of consumer goods have dropped -43.9% over the last 3 months, the largest drop on record.
As a result, consumer goods imports have fallen to $58 billion, the lowest in 5 years.
This comes after the largest 3-month increase in history, at +43.0%, to a record $103 billion.
In other words, companies were front-loading inventory ahead of expected tariffs in Q1 2025, and inventory levels are now normalizing.
Overall, US imports of goods declined -4.2% in June to $264 billion, the lowest since March 2020.
At the same time, the US goods trade balance narrowed 10.8% MoM, to -$86 billion, the second-largest since September 2023.
Tariffs are redefining global trade.
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US imports of consumer goods have dropped -43.9% over the last 3 months, the largest drop on record.
As a result, consumer goods imports have fallen to $58 billion, the lowest in 5 years.
This comes after the largest 3-month increase in history, at +43.0%, to a record $103 billion.
In other words, companies were front-loading inventory ahead of expected tariffs in Q1 2025, and inventory levels are now normalizing.
Overall, US imports of goods declined -4.2% in June to $264 billion, the lowest since March 2020.
At the same time, the US goods trade balance narrowed 10.8% MoM, to -$86 billion, the second-largest since September 2023.
Tariffs are redefining global trade.
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