'E-shaped' economy: Fed Beige Book reveals high earners keep spending while middle-class Americans stretch every dollar

The U.S. economy is increasingly dividing into two distinct realities, with affluent Americans fueling a luxury boom while ...
AOL

The middle class is spending less on 'aspirational' luxury, and it's threatening a yearslong boom in the high-end market

The luxury market is losing a big customer: middle-class shoppers with money to burn. After years of YOLO spending during the pandemic era, middle-income households—defined by Pew Research Center as ...

AI Threat to India’s New Middle Class: How Automation Is Reshaping IT Jobs, Gender Roles and Social Mobility

Artificial intelligence-based systems are not socially neutral; they are already exposing existing socio-cultural realities ...
The New York Times

Where Will We Eat When the Middle-Class Restaurant Is Gone?

The boom in American sit-down chains has come and gone. What replaced them isn’t so great for human connection. Credit... Supported by By Meghan McCarron Photographs by Phil Donohue Meghan McCarron ...
Reason

Yes, the Middle Class Is Shrinking—Because It's Moving Up

"The middle class is shrinking" might be the assertion of the decade. Progressives and populists alike use it to justify nearly all government interventions, from tariffs to minimum-wage hikes to ...