The K-Shaped Economy: How Wealthy Americans Are Driving All the Growth
America's economy is increasingly K-shaped, with wealthy households driving growth while working-class families struggle. The top 10% now account for 50% of consumer spending.
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America's economy is increasingly K-shaped, with wealthy households driving growth while working-class families struggle. The top 10% now account for 50% of consumer spending.
Holiday retail spending is on track to surpass $1 trillion for the first time ever. E-commerce led growth with a 7.8% increase, despite weakening consumer confidence.
November CPI shows inflation cooling to 2.7%, but the government shutdown may have distorted the data. Core CPI hit 2.6%, the lowest since March 2021.
The 2025 holiday shopping season is on track to surpass $1 trillion in retail sales for the first time. Here's what's driving the milestone and what it means for investors.
The average tax on US imports has jumped to 18%. Here's what you'll pay more for, how to adjust your budget, and what it means for the economy.
3-6 months of expenses isn't the right answer for everyone. Here's how to calculate your actual emergency fund needs.