Talk of the K-shaped economy is brewing once again. The moniker first gained traction in 2020 to describe the divergence between how rich and poor Americans were experiencing the pandemic recovery.

Many commentators today observe the U.S. economy is increasingly bifurcated, with the rich getting richer while poor and middle-class families are falling farther behind. Some refer to it as a ...

Convicted pedophile Jeffrey Epstein had an “extremely deformed” penis that was shaped like a lemon, one of his victims has revealed. Rina Oh, who has long claimed she was among the scores of young ...

Mastercard (MA) has chosen Polygon to power a new system that lets people send crypto to verified usernames instead of long wallet addresses, the companies said on Tuesday. Mastercard Crypto ...

You’re reading The Financial Page, John Cassidy’s weekly column on economics and politics. As the U.S. economy heads into the holiday spending season, Donald Trump is continuing to insist that all is ...

On the right side, you can see the upper diagonal heading up, while the one on the bottom falls to the ground. Now substitute upper-income Americans for the topmost diagonal, heading up and away, and ...

After years of narrowing wage inequality, the workplace has become a tale of two economies again. This time, unlike in the postpandemic period, trends favor the top 25% of the U.S. workforce, whose ...