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The end of the K-shaped economy — or not
Treasury Secretary Scott Bessent says the K-shaped economy is turning C-shaped, meaning low-income wage growth is beginning to outpace growth for higher earners. But experts said the evidence for that claim may be lacking. This morning, we’ll discuss if it’s a fair characterization before diving into the latest attempt to oust Federal Reserve Governor Lisa Cook. Then, we’ll look at how hospitals are turning to career academies and other programs to tackle a crisis in recruitment and retention.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly…
The skinny
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