Economic divide widens: Fed data shows more low-income Americans skipping meals and draining savings, while higher earners benefit from asset gains and strong spending.
Corporate warning signs: McDonald's CEO says conditions for low-income consumers are worsening, prompting menu strategies for both budget-conscious and affluent customers.
Global cost pressures: Rising energy prices, war-related disruptions, and higher food costs are fueling inflation, with UK retail data showing similar persistent pressures.
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