A fierce storm moving toward the Mid-Atlantic is expected to bring significant disruptions, affecting over 50 million people with winter weather advisories and warnings. Several states have declared emergencies, with potential for power outages, downed trees, and travel disruptions. The storm, fueled by arctic air, is forecast to bring heavy snowfall, blizzard conditions, and freezing rain across a wide swath of the country, with the Mid-Atlantic region preparing for snowfall on Monday.
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Even households earning $150,000 a year are struggling with credit card and car payments
More high-income Americans are struggling with credit card and auto loan delinquencies, which have more than doubled since 2023, indicating broader financial challenges despite previously weathering economic shifts better than lower-income households. This trend, driven by a weaker job market for white-collar workers and rising housing costs, raises concerns about potential impacts on consumer spending and the overall economy. Want More Context? 🔎
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