Estimated reading time: 3 minutes Widening Wage Gap Americans got a much-needed pay bump in 2023. But unfortunately, the gains were not equally distributed. In 2023, the inflation-adjusted median income of U.S. households increased to $80,610, up 4% from 2022, according to data from the Census Bureau. But men saw a much bigger pay bump than women,…Read more
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Estimated reading time: 3 minutes Light at the End of the Tunnel Soaring grocery prices have been a massive headache for American families in recent years. But there is light at the end of the tunnel: Online grocery prices just registered their biggest monthly price drop on record. Prices for online food shops fell 3.7% month-over-month in…Read more
Estimated reading time: 3 minutes Consumer Sentiment We have talked about the k-shaped, or bifurcated, economy a lot. For some Americans, the current economic conditions are very tough to weather. For others, things like high inflation and interest rates are much easier to stomach. And there’s another layer to this: Americans who are invested in the stock…Read more