K-Shaped Economy Highlights Growing Income Inequality in the US
TL;DR Summary
Recent data indicates a growing K-shaped economy in the US, where the wealthy thrive with rising stock and real estate values, while lower- and middle-income groups face economic struggles, leading to increased social and political risks.
Topics:business#auto-repossession#economy#k-shaped-economy#premium-consumer-goods#social-instability#wealth-disparity
- Evidence of K-shaped economy popping up everywhere Morning Brew
- From fast food to beverage giants, brands see rising income inequality among customers NBC News
- US economy at risk of wobble as lower-income consumers get squeezed Reuters
- 'A little concerning': 2 crucial consumer groups under pressure are a warning sign for US economy Yahoo Finance
- This burrito is everything you need to know about America’s economy CNN
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