When Democrats passed one year of an expanded Child Tax Credit within the $1.9 trillion American Rescue Plan, many of the credit’s supporters hoped it would become permanent. White House economic adviser Heather Boushey called the tax credit a “basic benefit” when speaking to Yahoo Finance in March as the relief package was becoming law. She predicted the overall package “will cut child poverty in half this year in no small part, due to this expansion of the Child Tax Credit.” That… Source link
Read More »NFTs explode into $27B phenomenon as investors with ‘bigger bags’ put them to work
The non-fungible token (NFT) market has exploded this year into a $27 billion segment of the crypto market according to a new report from Chainalysis, which underscored what separates the most profitable digital collectors from the rest. NFTs are a family of crypto assets that hold ownership of unique data linked to a blockchain — most often Ethereum (ETH-USD). They can be packaged as digital collectibles, works of art, music, video game items, real estate of virtual reality platforms, and… Source link
Read More »Russia fines Google over content, bigger penalty looms
MOSCOW, Dec 7 (Reuters) – Russia fined Alphabet’s Google (GOOGL.O) 9 million roubles ($121,000), a Moscow court said on Tuesday, in the latest in a string of penalties against the technology giant for failing to delete content the government deems illegal. Moscow has increased pressure on foreign tech companies this year in a campaign that critics characterise as an attempt by the authorities to exert tighter control over the Internet, something they say threatens to stifle individual and… Source link
Read More »Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks
Famed investor Jeremy Grantham says the next decline will be ‘bigger and better’ than anything in US history — here are 3 of his safe haven stock picks Jeremy Grantham, legendary investor and pioneer of index fund investing, expects today’s sky-scraping stock market to come crashing back to earth. Grantham recently told Bloomberg that investors, who enthusiastically drove the stock market to new heights during a global recession, are in for a shock. “When the decline comes, it will… Source link
Read More »The metaverse will be ‘much, much bigger than the physical world’
The metaverse has seemingly just begun to be built, and one tech industry giant says it will surpass the physical world. Ever since Facebook renamed itself Meta, talk of the metaverse has been everywhere. But companies like Nvidia have already been working on their own virtual worlds. And founder and CEO Jensen Huang has an expansive vision for the technology, and Nvidia’s place in it. “It is a 3D extension of the internet that is going to be much, much bigger than the 3D physical world… Source link
Read More »McDonald’s Q3 earnings jump as bigger orders, menu deals juice sales
McDonald’s (MCD) on Wednesday reported third quarter earnings results that topped Wall Street’s expectations, boosted by strong sales growth across the board as customers were enticed by a range of new menu items, even amid a resurgence of COVID-19 cases worldwide. Here’s the Golden Arches reported, compared to Wall Street estimates , according to a Bloomberg consensus estimate: Revenue: $6.20 billion versus $6.03 billion expected Adj. earnings per share (EPS): $2.76 (excluding special items)… Source link
Read More »Inside the Google Pixel 6 cameras’ bigger AI brains and upgraded hardware
The Google Pixel 6 Pro’s camera bar has, from left to right, a 25mm wide-angle main camera, an 16mm ultrawide, a 104mm telephoto, and a flash. … Source link
Read More »A bigger screen and more durable design
The Apple Watch Series 7 sports a larger screen and improved durability, but it might not be worth the upgrade if you’ve got a Series 5 or Series 6. (Image: Howley) Apple’s (AAPL) Apple Watch Series 7 is here. Available for preorder now and in stores Friday, the latest generation of the world’s most popular smartwatch starts at $399, and brings along a larger screen, more durable design, and faster charging. Apple says the bigger display provides more room for text, while the watch’s… Source link
Read More »Apple debuts Apple Watch Series 7 with more durable design, bigger screen
Apple (AAPL) on Tuesday debuted its new Apple Watch Series 7, the latest version of the company’s popular wearable. Available later this fall and starting at $399, the Apple Watch Series 7 gets an all-new design and larger displays. Rather than the old 40mm and 40mm screens, the Series 7 features 41mm and 45mm panels that will provide more content on screen at once. The screens on the Series 7 are 20% larger than the Series 6’s panels. The larger display means you’ll be able to read 50% more… Source link
Read More »‘New York is one of the bigger movers,’ Bruce Linton explains
The weed market opening up in New York will be a massive catalyst for the cannabis industry, according to an industry veteran. “I think New York as a market, [Senate Majority Leader Chuck] Schumer as a representative of New York, is going to be a very, very live topic through September,” Bruce Linton, chairman of Gage Cannabis and former CEO of Canopy Growth (CGC), told Yahoo Finance (video above). “And to me, that is one of the bigger movers. You say to anybody else on the planet, tell… Source link
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