Economy News: Scott Bessent's economy claim is raising eyebrows on Wall Street

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Economic News Reports

Details: Written by Bing News Search Results; Category: Economic News Reports; Published: 09 August 2026; Created: 09 August 2026; Last Updated: 09 August 2026

Treasury Secretary Scott Bessent declared the K-shaped economy over. Economists say wage data, spending numbers, and gas prices tell a different story.
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Source:www.msn.com

Posted: 2026-08-08 07:47:00

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Economy News: Hiring slumped unexpectedly in July, as the economy shed 23,000 jobs
Sun, 09 Aug 2026 07:08:30 +0000

The unemployment rate ticked down to 4.1 percent, according to new Labor Department data, due mainly to people leaving the workforce.
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Source:www.msn.com

Economy News: Scott Bessent's economy claim is raising eyebrows on Wall Street
Sat, 08 Aug 2026 22:08:30 +0000

Treasury Secretary Scott Bessent declared the K-shaped economy over. Economists say wage data, spending numbers, and gas prices tell a different story.
Original Image Link
Source:www.msn.com

Economy News: Bessent says K-shaped economy is 'over'
Sat, 08 Aug 2026 19:08:32 +0000

The letter "K" has become a popular way to describe uneven economic outcomes between high- and low-income Americans.
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Source:www.msn.com

Economy News: U.S. Hiring Slumps, a Worrying Sign for the Economy
Sat, 08 Aug 2026 19:08:32 +0000

Employers shed 23,000 jobs in July, and gains in previous months were revised down sharply, in a downbeat report that suggests the labor market is weaker than previously believed.
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Source:www.nytimes.com

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