Bank of America data reveals a stark K-shaped economy as higher-income Americans spend 2.6% more while lower-income ...

The persistence of the K-shaped economy is closely tied to political choices, Atwater said. "What we're seeing in terms of policy is a growing either ignorance or lack of interest in addressing the ...

This is read by an automated voice. Please report any issues or inconsistencies here. The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income ...

What started as a term to describe the pandemic recovery has become a catchall in these anxious economic times. By Lora Kelley Holiday spending this year is expected to surpass $1 trillion for the ...