Upper-income Americans are increasingly falling behind on credit card and auto loan payments, signaling an underlying vulnerability in the US economy as the labor market slows.
    • Kazumara@discuss.tchncs.de
      3·
      18 days ago

      POINT FIVE PERCENT from like 5.5% to 6%.

      Actually that’s called a 0.5 percentage points increase and a 9 percent increase (because 6 ÷ 5.5 = 1.09). The distinction is important, but even the media gets it wrong often.