K-shaped economy: Why the wealthy are thriving as most Americans fall behind

Photo: President Donald Trump and First Lady Melania Trump host business and technology leaders for a dinner in State Dining Room at the White House, Thursday, September 4, 2025. Photo credit: Official White House photo by Andrea Hanks via Flickr. US government work. Article by Paul Solman and Diane Lincoln Estes. PBS News – October 14, 2025.

The markets have climbed higher despite continuing concerns around the shutdown, tariffs and inflation. The S&P 500 and Nasdaq have set records more than 30 times this year and other data suggest the economy is chugging at a steady clip. But for the majority of Americans, this economy is landing very differently right now, and it’s hardly good times. Economics correspondent Paul Solman reports. […]

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Video: K-shaped economy: Why the wealthy are thriving as most Americans fall behind – PBS NewsHour

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