A K shape within a K shape
Earlier this week, the Census Bureau brought news of unexpectedly flat retail spending in December. Now, the Bank…
K-shaped economy creates financial divide for Americans
PHOENIX — A “K-shaped economy” means different groups are experiencing the economy differently, with top income earners doing…
High-income spenders are propping up the economy
A slim slice of consumers in the top quintile of incomes is doing the majority of spending in…
Subprime Borrowers Face Record Car Loan Defaults
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign…
Subprime Borrowers Face Record Car Loan Defaults
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign…