The majority of U.S. households paid no federal income taxes in 2020, a spike driven by the pandemic-induced economic downturn and multiple rounds of tax-based assistance. The trend is likely to continue in 2021. Nearly 107 million households — or 61% of U.S. households — owed no federal income taxes in 2020, according to estimates by The Tax Policy Center, marking a 40% increase from 2019 when 43.6% of households didn’t pay taxes. “Even though those numbers are very dramatic, they are… Source link

Google’s Pixel 6 phones. Google Google may have unveiled the Pixel 6 and Pixel 6 Pro earlier this… Source link

Goldman Sachs on Thursday cut its GDP forecast for the U.S., warning of continued supply chain disruption and heightened inflation caused by the COVID-19 delta variant.  But the bank still anticipates robust 6% growth for the U.S. economy this year.   The world’s richest countries boast relatively high rates of vaccination that ensure strong economic growth, despite a wave of infections brought about by the delta variant, Ian Bremmer, Eurasia Group founder and political scientist, tells… Source link

The number of COVID cases in the U.S. has now surpassed 37 million, with the Delta variant currently accounting for more than 98% of newly confirmed cases in the country.  Unlike during the first waves of the coronavirus pandemic, there are significantly more children being hospitalized for COVID-19 infections amid the latest surge. “That really scares me,” Dr. James Simmons, an L.A.-based hospitalist nurse practitioner, said on Yahoo Finance Live (video above). “Kiddos who aren’t… Source link

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Grubhub, the leading online and mobile food-ordering and delivery platform on college campuses, and Yandex Self-Driving Group (SDG), a leading autonomous vehicles developer inside Yandex, one of Europe’s largest internet companies, will roll out delivery via Yandex’s robots at its first college campus — The Ohio State University (OSU). More than 60,000 hungry… Source link

Sarah Tew/CNET Google’s $449 Pixel 5A with 5G is the second major Pixel announcement this year, hot on the heels of… Source link

Yandex robots autonomously navigate pavements, campus crosswalks and pedestrian areas, which are notoriously challenging to reach by car. They move around a large university campus swiftly at 3 to 5 miles per hour during daytime and after dark and in various weather conditions, including rain and snow. The robots are spacious enough to fit a couple of coffees and a bagel sandwich, or multiple pizzas to share with friends, all while keeping the food at the right temperature. “We’re excited… Source link

Yahoo Daily Fantasy Football is live for the season. Yahoo Daily Fantasy Football is now live and we are making some big changes to the platform. To celebrate the launch of the football season, we are giving every Yahoo user an opportunity to claim $10 in contest entry credit* issued as Yahoo Sports Rewards Points. Click here to claim your credit. We are also excited to announce that our multi-entry Yahoo Daily Fantasy contests, which are among our largest prized contests, will now be… Source link

The S&P 500 (^GSPC) has marked a 100% gain since its March 23, 2020, closing low of 2,237.40, closing at 4,479.71 this past Monday. Amid this bull market for equities, however, a recently published State of the Markets report by Wells Fargo (WFC) Investment Institute (WFII) President Darrell L. Cronk lists 10 current risks that could pose a threat to markets and create the “possibility of a near-term correction.” “It is often said that bull markets climb a wall of worry, and today,… Source link

If you need health care in the U.S., the quality will vary depending on where you are. A study from WalletHub ranked the best and worst states for health care by analyzing cost, access, and health outcomes in addition to some ancillary factors.  An overwhelming majority of the top 15 states are located within the Northeast, while every state at the bottom of the rankings is in the South. “The geography of the states varies where oceans or mountains can limit access to health care,” Dr…. Source link