More K-shaped spending
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More K-shaped spending
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When high earners ramp up their spending while low earners pull back, that’s a symptom of a "k-shaped" economy. But what about middle-income households? New evidence shows the middle class is also struggling in comparison to the wealthiest Americans. It’s sort of like a K shape within a K shape. After that: Newer firms are more likely to offer work-from-home options, Opera America has financial reasons for splitting from The Kennedy Center, and we check in with a few small businesses ahead of an upcoming inflation report.
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