Media Selangor

US household debt tops US$16 trillion

WASHINGTON, Aug 3 — US household debt topped US$16 trillion (RM71.3 trillion) in the second quarter as rising prices led to a surge in the mortgage, auto loan, and credit card balances, Sputnik quoted a report by the Federal Reserve Bank of New York on Tuesday.

Editor Selangor Journal

3 Aug 2022

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

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