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 ...

Labor markets are where the K-shaped pattern becomes most visible. Zandi has been warning that the United States is on the "precipice of recession," with the key question being whether the slowdown in ...

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 ...