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K-shaped economy and inflation boost Black Friday sales by 4.1% from last year, online spending jumps 9.1%

US retail sales on Black Friday, the busiest shopping day of the year, climbed 4.1% compared with last year, according to data released Saturday by Mastercard SpendingPulse. Online shoppers alone ... Read More

Boost In Black Friday Sales Show Lackluster Economy Isn’t Slowing Americans Down

Data shows Black Friday sales increased 4.1% in comparison to 2024 but economists say the struggles of consumers paint a different picture. Read More

A 'K-shaped' economy has investors on edge. BofA says it may hold up.

A growing chorus on Wall Street is warning that the US economy is becoming increasingly K-shaped, with higher-income households powering spending while lower-income consumers struggle with ... Read More

Here’s why everyone’s talking about a ‘K-shaped’ economy

From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly ... Read More

Black Friday Spending Raises Eyebrows Over US Economy

While spending soared to almost $12 billion, per one estimate, the data shows a more complicated economic picture. Read More

Rural America’s farm economy is struggling with its own K shape, as government payouts rocket to crisis levels

The letter K has become popular lately when describing a U.S. economy where the wealthiest Americans are thriving while everyone else is struggling to survive. But another K shape has gripped the farm ... Read More