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Top 1% of earners

Coverage of Top 1% of earners in the Nexus archive.

Earliest in view: May 1 · 16:04 UTCMost recent: May 1 · 16:04 UTC
Co-mentioned in this coverage
Federal Reserve Bank of New Yorkorganization1K-shaped economytopic1Financial assetstopic1Inflationtopic1Pandemic-era relief programstopic1High-income householdsgroup1Low-income householdsgroup1
Recent coverage
  • BUSINESSMay 1 · 16:04 UTCAXIOS
    K-shaped economy is real, per New York Fed research

    The Federal Reserve Bank of New York confirms the existence of a K-shaped economy, where high-income households drive spending growth due to wealth gains from financial assets, while low-income households struggle with inflation. The divergence in spending patterns since 2023 highlights economic fragility and risks linked to market corrections.