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Automobiles wait in a traffic jam on a New York City highway November 20, 2007.   REUTERS/Mike Segar | Mon Feb 20, 2017 | 12:28am EST Traffic jams cost U.S. drivers $1,200 a year: study Automobiles wait in a traffic jam on a New York City highway November 20, 2007. REUTERS/Mike Segar By Joseph White | DETROIT DETROIT Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a กระเป๋าแบรนด์ ruchitta study by INRIX Inc released on Monday. INRIX, based in Kirkland, Washington, aggregates and analyzes traffic data collected from vehicles and highway infrastructure. The company said the latest edition of its Global Traffic Scorecard report was based on 500 terabytes of data from 300 million sources. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic among rich, developed economies. Five of the world's 10 most congested cities are in the United States, INRIX found. U.S. traffic congestion is not a new problem, but it could get renewed attention if President Donald Trump pushes for a large-scale infrastructure investment program as he has promised. Chronic traffic jams are a concern for global automakers, and some major cities have begun to limit private motor vehicle access to central city areas.

Bouncing Back Global luxury demand is set to rebound this year, but spoils might not be equally shared Show more Source, Bain, Altagamma, HSBC Note: 2016 and 2017 are HSBC estimates. That's not to say there isn't distress in Europe: Burberry's sales have been boosted by the pound's drop but that hasn't helped reinvigorate its brand. Swiss watch groups Cie Financiere Richemont SA and The Swatch Group AG are also suffering from weak demand. But, even at Europe's weakest brands, there are signs the worst might be over. For one, the laggards are catching up. Prada SpA, knocked hard by the slowdown in China, said sales rose in January for the first time in more than a year. Germany's Hugo Boss AG, which last year parted company with its chief executive after a bad profit warning, now expects 2016 operating income to be at the upper end of expectations. A revamped Gucci, meanwhile, has turbocharged Kering SA , whose stable also includes Bottega Veneta and Christopher Kane, whileEuropean power brands LVMH Moet Hennessy Louis Vuitton SE and Hermes International are motoring along quite nicely. Some factors on the horizon could even things out a little. Tax cuts for the wealthy from President Trump may boost U.S.

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