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Tag: households
Donald Trump paid $0 in taxes in 2020. He’s not alone: 60% of households paid no federal income tax that year, but for very different reasons.
It’s not that unusual. Former President Donald Trump and his wife, Melania, paid $0 in income taxes for 2020, according to a report released late Tuesday by the congressional Joint Committee on Taxati...
UK retail sales slip 0.4% as households feel inflation pinch
UK retail sales suffered an unexpected drop in November as the cost-of-living crisis deepened, signaling a continuing financial struggle for many households. Data released earlier today showed that re...
20 million American households are behind an average of $788 on their utility bills — here are 3 simple ways to drop your monthly costs
‘I expect a tsunami of shutoffs’: 20 million American households are behind an average of $788 on their utility bills — here are 3 simple ways to drop your monthly costs The U.S. consumer price index ...
40% of households will pay no federal income tax this year. Why that’s good news.
Millions of workers are bouncing back — and making enough money to pay Uncle Sam. Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic...
More than 40% of U.S. households will owe no federal income tax for 2022
More than 72 million American households will pay no federal income taxes this year, marking a large decline from last year, according to a new analysis. An estimated 72.5 million households — o...
Multigenerational Hispanic households feel rising economic pressure
Juan Espinoza, far left, with his family. A combination of rising interest rates, high home values and limited inventory has been squeezing prospective homebuyers — and perhaps few know that as well a...
Higher Heating Bills Poised to Hit U.S. Households This Winter
High fuel prices have been a big driver of inflation, pumping up the cost of summer travel and air conditioning, and federal energy forecasters say that staying warm this winter will be more expensive...
American households and businesses are seeing their savings deteriorate as ‘financial fragility’ rises
After socking away savings during the aftermath of the COVID-19 crisis, American households and businesses are watching their financial cushions rapidly deteriorate as prices have soared and the Feder...
Goldman Sees More Selling in US Stocks by Households in 2023
(Bloomberg) — Goldman Sachs Group Inc.’s strategists say households and foreigners could each sell US stocks valued at $100 billion next year, after making net purchases of a similar magnitude i...
Tron Network Energy Use Matches That of 15 US Households: CCRI Report
The Tron network’s annual electricity consumption is equivalent to that of just 15 U.S. households, according to a report prepared by the Crypto Carbon Ratings Institute. The commissioned report produ...
Dow posts 1,000-point drop Friday after Powell warns of pain for households, businesses
The Dow skid 1,008 points on Friday, marking its biggest pullback in more than three months, as stocks sold off sharply after Federal Reserve Chairman Jerome Powell warned of the pain to households an...
Jerome Powell says the Fed is ready to ‘bring some pain’ to households and businesses. ‘These are the unfortunate costs of reducing inflation’
Trying to get record inflation to come down without triggering a recession has been the Federal Reserve’s major project this year. Though signs currently point to the possibility that high prices migh...
Have stocks bottomed? Not until this ‘gorilla’ in equity markets budges, warns BofA
Households, not hedge funds or major corporations, represent the biggest class of owners of the U.S. stock market. That matters because households, the “placid gorilla” in U.S. stocks, haven’t cut and...
“Roughly 1 In Every 6 Households Own Crypto”
Advertisement     A Morning Consult Research published for July 2022, on the state of cryptocurrency, particularly in the U.S., has revealed that about 17% of adults i...
XPENG Robotics Raises $100M to Bring Smart Robots to Households
XPENG Robotics has quite a number of competitors who are also exploring this new niche while developing functional products that can be deployed and utilized by households every day. XPENG Robotics ha...
Black And Hispanic Households Hit Harder By Inflation—On Top Of Economic Inequality Caused By The Pandemic
Topline Black and Hispanic Americans are affected more by record inflation than other groups, according to research published Thursday by the New York Federal Reserve, in one of the first studies of h...
24% American Households Purchased NFTs or Crypto, Study Shows
Cryptocurrencies and non-fungible tokens (NFTs) are emerging as some of the sought-after assets by households and sports fans on American soil, according to a poll by the Seton Hall University. Per t...
10% Of Households In The EU Own Crypto, Reveals New ECB Survey ⋆ ZyCrypto
Advertisement     The European Central Bank has become very outspoken on cryptocurrencies in recent times. Notably, a survey by the leading financial authority reveale...
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets – Bitcoin News
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets,...
One in ten households in eurozone population centers now own cryptocurrency
On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximate...
European Central Bank reveals 10% of Eurozone households own crypto
Research released on Tuesday, May 24 by the European Central Bank (ECB) indicated that one in ten households in the Eurozone had purchased crypto-assets such as Bitcoin, with the wealthy being just ma...
Crypto Bloodbath Should Have Little Effect on US Households: Goldman Sachs
The crypto market shed trillions of dollars in value over the past couple of weeks, inducing fears it could hurt the larger economy. But Goldman Sachs economists are not worried about any possible imp...
Households are spending the equivalent of $5,000 a year on gasoline
A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record setting territory in Encinitas, California, May 9, 2022. Mike Blake | Reuters U.S. house...
57% of U.S. households paid no federal income tax in 2021: Study
More than half of American households paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report. The nonpartisan Tax Policy Center estimates t...
U.S. Households Have Ordered 240 Million Free Covid-19 Tests, White House Says
Topline Households in the U.S. placed about 60 million orders for a total of 240 million at-home Covid tests through the government website launched last week, the White House said on Friday, amountin...
60 million U.S. households have ordered free Covid tests, White House says
Home test kits, specifically iHealth COVID-19 Antigen rapid self-tests, are stacked for delivery in Boston on Jan. 5, 2022. Lane Turner | Boston Globe | Getty Images The White House on Friday said 60 ...
Most Student Debt Belongs To High-Wealth Households
getty Discussions of student debt too often neglect the fact that loans are intended as an investment vehicle. Students borrow money to finance an education, which is supposed to confer economic benef...
Here’s how much more U.S. households will pay to heat their homes this winter
Americans face a tough winter, with one government agency warning that most households will see a sharp increase in heating costs this year, as natural-gas prices look to post their largest yearly per...