CHARLOTTE, N.C. — The U.S. economy is sending mixed signals. On the surface, growth looks steady. But dig deeper, and you’ll see two very different stories
America is splitting into two economies. One for the wealthy, and a very different one for everyone else.
High earners are doing well; their homes and stock portfolios have jumped in value with low fixed mortgage rates have helped too. By contrast, low-income and younger people are falling behind. Wages for the bottom third rose just 0.9% in August — the weakest in nearly a decade…