Why are so many people struggling financially while the stock market is soaring?
CBC personal finance columnist Mark Ting joined CBC’s Dan Burritt to explain why some Canadians are thriving while others struggle with rising costs and debt, and what it has to do with something called a K-shaped economy.
https://www.cbc.ca/player/play/9.7217441?cmp=rss

Walmart says lower-income shoppers are ‘navigating financial stress’
Walmart says lower-income shoppers appear to be increasingly 'navigating financial stress' as the so-called 'K' shaped economy becomes more prominent.
#Canada #Consumer #USNews #Affordability
https://globalnews.ca/news/11858733/walmart-earnings-k-shaped-economy/

Walmart says lower-income shoppers are ‘navigating financial stress’
Walmart says lower-income shoppers appear to be increasingly 'navigating financial stress' as the so-called 'K' shaped economy becomes more prominent.
#Canada #Consumer #USNews #Affordability
https://globalnews.ca/news/11858733/walmart-earnings-k-shaped-economy/

Walmart says lower-income shoppers are ‘navigating financial stress’
Walmart says lower-income shoppers appear to be increasingly 'navigating financial stress' as the so-called 'K' shaped economy becomes more prominent.
#Canada #Consumer #USNews #Affordability
https://globalnews.ca/news/11858733/walmart-earnings-k-shaped-economy/

Walmart says lower-income shoppers are ‘navigating financial stress’
Walmart says lower-income shoppers appear to be increasingly 'navigating financial stress' as the so-called 'K' shaped economy becomes more prominent.
#Canada #Consumer #USNews #Affordability
https://globalnews.ca/news/11858733/walmart-earnings-k-shaped-economy/

FYI: The K-shaped economy is here to stay - and a war just made it worse https://thespend.net/the-k-shaped-economy-is-here-to-stay-and-a-war-just-made-it-worse/?utm_source=dlvr.it&utm_medium=mastodon #KShapedEconomy #EconomicImpact #MiddleEastWar #Inequality #Economists

ICYMI: The K-shaped economy is here to stay - and a war just made it worse https://thespend.net/the-k-shaped-economy-is-here-to-stay-and-a-war-just-made-it-worse/?utm_source=dlvr.it&utm_medium=mastodon #KShapedEconomy #EconomicImpact #MiddleEastWar #EconomicInequality #GlobalEconomy

Quick-service restaurants are taking a bigger hit as Canadians feel crunched by the cost of living
While restaurants of all kinds are feeling pinched, quick-service restaurants are getting hit harder than higher-end ones, according to a report from Restaurants Canada. It's a signal of a K-shaped economy, where those with the most money can still shell out for a nice meal, but those with lower incomes hav...
https://www.cbc.ca/news/business/quick-service-restaurants-struggling-9.7188698?cmp=rss

The K-shaped economy is here to stay - and a war just made it worse https://thespend.net/the-k-shaped-economy-is-here-to-stay-and-a-war-just-made-it-worse/?utm_source=dlvr.it&utm_medium=mastodon #KShapedEconomy #Economics #MiddleEast #WarImpact #EconomicSplit