Wealth Gap: A Top-Heavy Jenga Tower

On November sixth, were exploring a surprising trend in the U.S. economy: a growing divide between income groups. While the wealthiest ten percent drive nearly half of all spending, thanks to a booming stock market, lower and middle-income families struggle with high living costs and inflation. This K-shaped economy, where the wealthy prosper while others face declines, is causing companies to observe changes in buying habits. The growing economic inequality raises concerns about the stability of the entire system.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.