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Elizabeth Pancotti

Coverage of Elizabeth Pancotti in the Nexus archive.

Earliest in view: Aug 5 · 18:16 UTCMost recent: Aug 5 · 18:16 UTC
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  • BUSINESSAug 5 · 18:16 UTCBUSINESS INSIDER
    The K-shaped economy isn't dead yet

    The debate over whether the U.S. economy remains K-shaped (diverging outcomes for high and low earners) or has shifted to a C-shaped (converging outcomes) continues. Treasury Secretary Scott Bessent claims the K-shaped economy is over, citing wage growth for lower earners and moderating housing inflation, while analysts argue data shows limited convergence and persistent inequality.