The spike in gas prices is worsening the K-shaped economy
A new report from the Federal Reserve Bank of New York showed what higher prices at the gas pump mean for the K-shaped economy and low-income earners.
- US Gasoline Hits $4.50, Nears All-Time High as Iran Fuel Crunch Grows Bloomberg —
- US Gas Prices Rise Above $4.50. Map Shows Price Per State Newsweek —
- US petrol prices 50 percent higher than before war on Iran Al Jazeera —
- US petrol prices rise 50% since Iran war began, Strait of Hormuz disruption drives pump costs higher Times Of India —
- Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds ABC News —