Stubbornly high prices and robust consumer spending collided in the fourth quarter of 2022, pushing credit card balances to a record $986 billion. The $61 billion increase from the prior quarter was the largest seen in data going back to 1999 and pushed total American credit card debt past the previous high of $927 billion, […]
Tag: USA
Blinken warns China of risk of new incidents if it helps Russia
the secretary of stateAntony Blinkenemerged on Saturday at China to avoid incidents like the one that led to USA to shoot down a Chinese balloon and warned him about the “consequencesto give help to Russia in the war of Ukraine. Blinken made these warnings in a meeting with the head of Chinese diplomacy, Wang Yi, […]
US “strongly condemns” North Korean intercontinental missile launch
USA condemned Saturday “strongly” the launch of an intercontinental ballistic missile (ICBM) north korean that according Japanfell into its territorial waters. “This launch needlessly increases tensions and risks destabilizing security in the region,” alerted a spokeswoman for the White House National Security Council, Adrienne Watson. United States will take “all necessary measures” to guarantee their […]
Ant-Man shows off the new Marvel villain: Kang The Conqueror
Kang The Conqueror (Kang, El Conquistador) is the new supervillain of Marvel. That’s how he teaches it ant man and the Wasp: Quantumania, the latest film in the Marvel Cinematic Universe that reveals the power of this being, while combining the spectacularity of superheroes with family relationships. In the third Ant-Man movie, Scott Lang (Paul […]
IRS: Which states will have to pay federal taxes on refunds
He Internal rents service (IRS) of the United States indicated that four states will have to pay federal taxes on the 2022 refunds, due to how they designed their returns. Know the list. The move comes after the IRS asked 20 states to postpone filing their taxes while it was determined whether refunds issued last […]
Billionaire Carlos Slim puts his ‘palace’ up for sale at US$80 million
The owner of Claro and the richest man in Mexico, Carlos Slimputs up for sale an Italian Renaissance palazzo located on Fifth Avenue in Manhattan, NY. It is a building with 25 rooms on five floors overlooking the center park and steps from the Metropolitan Museum of Art in New York. For the property, Slim […]
Traders begin betting on another half-point Fed hike
Traders began betting on Thursday that the Federal Reserve could raise interest rates again at its next March policy meeting, after an official suggested that at their last meeting he saw arguments.”convincing” for a rise of that magnitude. Interbank index swaps are now discounting around 29 basis points of adjustment for the March meeting, after […]
A year of war leaves pain and resilience in the global economy
An Egyptian widow has trouble affording meat and eggs for her five children. The owner of a laundromat Germany He sees exasperated how his electricity bill is multiplied by five. Some Nigerian bakeries close, unable to bear the exorbitant price of flour. One year after Russia invaded Ukraine on February 24, 2022 and caused widespread […]
US Accuses Crypto Entrepreneur Do Kwon and His Company, Terraform Labs, of Fraud
The Securities and Exchange Commission USA (sec) reported Thursday that it has accused cryptocurrency entrepreneur Do Kwon, and the company he co-founded, Terraform Labs, of “of orchestrating a multi-million dollar fraud.” The collapse of Terraform Labs last year it struck down some $40 billion of investors and rocked global cryptocurrency markets. South Korean prosecutors had […]
Joe Biden is “healthy” and “fit” for his duties, according to his doctor
Joe Biden80, enjoys “good health” and is “fit” to perform his functions, his doctor concluded this Thursday after the president, who is considering running for re-election in 2024, underwent an annual check-up. The doctor Kevin O’Connor, who has followed him for more than ten years, performed a series of tests, including “an extremely detailed neurological […]