K-shaped economy ‘alive and well,’ expert says. What new research shows

The so-called K-shaped economy is becoming more pronounced, new data shows. In the aftermath of the Covid pandemic, the K has been used to illustrate Americans’ diverging economic experiences: Higher-income households are increasingly better off, while lower-income households are falling further behind. A new report by credit reporting bureau TransUnion found that while credit conditions have improved…

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Buy now or wait out the conflict?

Travelers in Terminal 1 at John F. Kennedy International Airport in New York, March 1, 2026. Michael Nagle | Bloomberg | Getty Images As airfare continues to climb amid the Iran war, prospective travelers may be wondering: Should I buy my plane ticket now or wait to see if things improve? Travel experts say the…

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What that means for consumer loans

The Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday.  In what could be Jerome Powell’s last as chair before President Donald Trump’s yet-to-be-confirmed nominee Kevin Warsh takes the helm, central bankers maintained the federal funds rate in a target range of 3.5% to 3.75%.  Inflation has surged since the war with Iran…

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How that impacts consumer costs

A shopper carries a Hollister bag at a shopping mall in Dayton, Ohio, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images The Federal Reserve is on the cusp of a “regime change” after the Department of Justice dropped its criminal investigation into Fed Chair Jerome Powell, eliminating a potential obstacle to confirming President Donald Trump’s nominee, Kevin Warsh,…

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Why some young Americans are dating less in 2026

For many young Americans, dating is becoming as much about finances as it is romance. Half of single Americans surveyed said they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO Financial Group’s 2026 BMO Real Financial Progress Index. The bank polled 2,501 adults in late December through…

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College graduates face federal student loan changes

Paul Bradbury | Ojo Images | Getty Images College graduates in the Class of 2026 are stepping into a radically different student loan landscape, one with fewer repayment options and stricter rules on debt forgiveness compared to previous years. The revisions to the federal lending system follow the passage of President Donald Trump‘s “big beautiful bill”…

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