The war in Iran has sent crude oil — and therefore gasoline — prices surging. On Wednesday, the national average price for Americans to fill up their cars was $4.53 per gallon, per AAA. How those ...

Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/Axios The uncomfortable new normal for the U.S. economy: spending growth concentrated at the top of the income ladder, a split largely ...

A new report by TransUnion found that as credit conditions improve for wealthier consumers, others are struggling in the face of higher costs and rising debt burdens. Since 2023, the economy has ...

The ‘Resilient’ Luxury Splurge The upward arm of the “K” in a K-shaped economy’s chart is defined by affluent shoppers driving premium growth. During their recent earnings call, Ralph Lauren Corp. RL ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Gas prices aren't just causing headaches at the pump — they're also worsening a growing economic ...

The corporate press has a new obsession, the so-called K-shaped economy. This metaphor is meant to describe a system in which one group of people, represented by the top, inclining line of the K, ...

The K-shaped economy describes an economic period where different segments of society experience starkly divergent paths. The ...