The White House has unveiled a fresh push to increase COVID preparedness heading into the holidays and will again make free tests available to Americans, after a three-month hiatus. Starting Read more
Tag: households
40% of households will pay no federal income tax this year and don’t toss your Halloween candy wrappers without reading this first
Hi, MarketWatchers. Don’t miss these top stories. 40% of households will pay no federal income tax this year. Why that’s good news. Nearly half of voters in a recent poll Read more
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 Read more
Stimulus checks drove record decline in ‘unbanked’ American households
The percentage of Americans without a bank or credit union account fell to its lowest level since 2009 after COVID-19 stimulus checks and other relief motivated uptake of financial services, Read more
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 Read more
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 Federal Reserve Read more
Fewer than 50% of U.S. adults are now married. It’s time to give more legal and financial breaks to single people, law professor says.
The share of married Americans has fallen to 45%, down from 50% in 2015. At the same time, the share of Americans who are not in a romantic relationship rose Read more
Rising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs
U.S. households, the largest buyer of stocks since 2020, are expected to sell more equities in 2023 due to slowing growth in the economy and rising unemployment, according to Goldman Read more
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 Read more
Dow drops 650 points as U.S. stocks fall sharply after Powell warns of pain to households in inflation battle
U.S. stocks were sinking Friday afternoon after Federal Reserve Jerome Powell said the central bank will continue its battle against inflation “until the job is done” of getting the cost Read more
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