Wealth inequality and the 'K-shaped' economy are more striking than ever, data shows
Business
The gap between the best and worse off Americans is growing — and economists don't see an end in sight. The "K-shaped" economy has been top of mind for consumers, corporate leaders, policymakers and investors since the Covid pandemic drastically reshaped Americans' financial habits almost six years ago. But economists now warn that this two-speed economic structure is a core feature — rather than a passing fad — within the world's largest economy . "This is not a cyclical or temporary phenomena,
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