Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day.
Today's top stories
Americans are falling behind on their credit card bills. Nearly one in five credit card users have maxed out on their borrowing, according to the Federal Reserve Bank of New York. People under 30 and those who live in low-income neighborhoods are more likely to be at or close to their credit limit. The debt is a sign borrowers are feeling the strain of rising prices and high interest rates.
