US credit card debt inched close to a trillion dollars in the fourth quarter of 2022, the New York Federal Reserve Bank said in its quarterly report on household debt, released on Thursday. According to the data, Americans’ credit card balances jumped by $61 billion to $986 billion in the last three months of the…
Sales of second-hand automobiles accounted for almost 75% last year, recent data shows Spending on new cars in Russia more than halved last year due to the impact of Western sanctions and to surging prices, Reuters reported on Friday, citing analytical agency Autostat.
Both US and Taiwanese military officials declined to comment on the reported trip The Pentagon’s top China official has arrived in Taiwan to meet with counterparts on the island, according to multiple media outlets. The reported visit is the first high-level defense delegation sent by Washington in several years, and comes at a time of…