The U.S. is showing signs of a "K-shaped" economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank of ...

The K-shaped economy is no longer a niche term from academic seminars, it is the shorthand economists now use for a split reality in which one slice of America races ahead while another falls behind.

In the United States, a significant economic divide is becoming increasingly apparent, with 80% of the population struggling to keep pace while the wealthiest Americans continue to prosper. This ...