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The K-shaped economy splits the rich from the ultra-rich, who average $200 million in net worth

The top 0.1%'s wealth has more than doubled since 2019, compared with 68% growth for the rest of the top 1%, according to Federal Reserve data

Sources (1)· Oct 7, 6:28 PM

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their own versions

Fortune· Oct 7, 6:28 PMThe K-shaped economy splits the rich from the ultra-rich, who average $200 million in net worth

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Fed policymakers divided over rate-hike logic in September, minutes showFederal Reserve policymakers were divided last month over the rationale for raising interest rates, with "some participants" seeing a hike ‌as needed to keep the impact of energy and other price shocks at bay, but a more hawkish core viewing it as necessary to guard against emerging demand-driven inflation.

Reuters3d agoWhole story →

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CFTCCryptoOne line in a user agreement could bring every trade on a crypto exchange under federal oversight.

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Since

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Senate Democrat Presses Cantor Fitzgerald on Tether Ties and Lutnick Family ProfitsSen. Richard Blumenthal wants Cantor Fitzgerald to open its records on Tether and on how much Commerce Secretary Howard Lutnick's family has earned from its business deal.

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Trump created a committee to dig into the Fed's Lisa Cook. What is it and what comes next?Trump’s bid to fire the Fed's Lisa Cook follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.

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