NEWSNATIONNOW (Andrew Dorn) - K-shaped economy is showing up at the gas pump: NY Fed
Low-income households are cutting back on gas as prices surge, while wealthier households remain largely unfazed.
NEWSNATIONNOW (Andrew Dorn) - Smaller raise? Higher health insurance costs may be to blame
Many employers responded to rising health insurance costs by scaling back pay increases, the New York Fed found.
NYTIMES (Ana Swanson and Sydney Ember) - Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.