Surging gas prices are hitting lower-income households harder, New York Fed study shows
A gas station sign displays prices in Washington, D.C., U.S., May 1, 2026. Annabelle Gordon | Reuters Lower-income consumers are
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lowerincome
Wells Fargo CEO sees ‘more downside’ to U.S. economy as lower-income consumers struggle
Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling
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