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Friday, 12 June 2026

Credit card late payments

Also: Dolly Parton launches coffee for the 9-5 crowd ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Jun 12 2026

 

Andrea Riquier Reporter

Good morning! It’s Andrea Riquier in for Betty Lin-Fisher on this early-summer consumer Friday. Apologies for the earlier email snafu.

15-year high for credit card delinquencies

Roughly 13% of the nation’s credit card balance was at least 90 days delinquent in the first quarter of 2026, according to a report from the Federal Reserve Bank of New York.  That suggests what one economist calls “increasing vulnerability among a subset of consumers" who are already late in making payments, now getting deeper into debt.

Daniel de Visé has that story.

What a way to make a living

Who wouldn't want to start their day with Dolly Parton? Soon, you'll be able to pour yourself a "cup of ambition." Parton will launch a new "signature coffee brand" named after her iconic and Grammy-winning single. At first, Amaris Encinas reports, the coffee will only be available at the grand opening of Dolly’s Tennessean Travel Stop in Cornersville, Tennessee.

The full line-up will be available nationwide later this year.

Pushback against 'private authorizations'

More than half of requests for either long-term care or rehabilitation were rejected by major private insurance companies that offer Medicare Advantage plans, according to the Department of Health and Human Services' Office of Inspector General.  Senior advocates and nursing care industry participants say insurers use "prior authorizations" to deny care that many older adults need, leaving families with the bill.

Ken Alltucker has that story.

📰 More stories you shouldn't miss ðŸ“°

SpaceX is blasting off - from the stock market, anyway - on June 12. Should you invest?
A lawsuit about rotisserie chicken is 'fatally flawed,' Costco says
What are the hidden fees that can add up on a Carnival cruise?
How safe is Fridays, the telehealth platform offering GLP-1 weight loss medications by subscription?
A new recall includes more than 200,000 pool toys sold online.

Andrea Riquier covers housing, the economy, financial markets, and more for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here .

Americans are falling behind on their credit cards. Delinquency rates are at levels not seen since the Great Recession era.

The numbers suggest a small but growing share of American consumers have fallen into a pit of credit card debt. It's hard to dig out.

Dolly Parton is venturing into the coffee market with the launch of Cup of Ambition, a new signature coffee brand slated to make its public debut on June 24.
 

Dolly Parton launches 'Cup of Ambition' coffee brand for 9-to-5 crowd

Dolly Parton is launching "Cup of Ambition," a new signature coffee brand she says "works just as hard" as she does.

paperwork for health insurance plans on a clipboard.
 

These private Medicare plans denied specialized care at highest rates

Large private health insurance companies routinely denied requests to get rehabilitation or other post-hospital specialized care, federal agency says.

A SpaceX Falcon 9 rocket lifts off from Cape Canaveral Space Force Station June 8, 2026, carrying 29 Starlink satellites. This is the record breaking 35th flight of booster B1067. Craig Bailey, FLORIDA TODAY via USA TODAY NETWORK
 

Does SpaceX belong in your 401(k)?

SpaceX is going public, and its shares are expected to go to the moon. Will it stay up there? Should you go along for the ride?

Rotisserie Chickens for sale at a Costco store in the Staten Island borough of New York City, U.S., January 16, 2026.
 

Costco says lawsuit over rotisserie chicken is 'fatally flawed'

In January, two women filed a proposed class action lawsuit and claimed Costco falsely advertised its Kirkland Signature Seasoned Rotisserie Chicken.

Carnival Freedom and Carnival Sunrise docked at Celebration Key in the Bahamas.
 

Carnival’s fares start low. The final bill may surprise you.

Carnival Cruise Line often lists lower fares than its competitors without skimping on variety.

Want to lose weight? Fridays weight loss might be the right program for you, but it comes with tradeoffs.
 

This GLP-1 subscription service promises fast weight loss—does it deliver?

We break down Fridays weight loss plans, GLP-1 pricing, reviews and safety concerns in this expert-backed guide.

Beach balls float in an empty swimming pool on a summer day.
 

254K pool toys sold on Temu, Amazon, more recalled. See affected items

The recalled diving pool toys were sold on Amazon, Temu, Shein, Walmart.com and Target.com. See the affected items.

USA TODAY
 

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