The end of the K-shaped economy — or not
Summary
Treasury Secretary Scott Bessent claims the K-shaped economy has shifted to a C-shape, but economists debate this characterization amid persistent wage and spending gaps. The White House is retrying to fire Federal Reserve Governor Lisa Cook for alleged mortgage fraud after the Supreme Court blocked a previous attempt. Meanwhile, the USPS reports a $2.5 billion quarterly loss and seeks stamp price hikes. Finally, hospitals are using career academies and support programs like car loans to improve retention for direct care staff.
Topics discussed
Odoo ad and show intro
Is the K-shaped economy over?
USPS reports $2.5B loss and seeks stamp price hike
Odoo and Vantage Score ads
White House attempts to fire Fed Governor Lisa Cook
Hospitals use career academies to retain staff
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