U.S. household wealth hits record even as economy struggles – Spectrum News 1

U.S. household wealth hits record even as economy struggles – Spectrum News 1

WASHINGTON (AP) – U.S. household wealth rebounded in the last quarter to an all-time high as the stock market quickly recovered from a pandemic-induced plunge in March. Yet the gains have mainly benefited the wealthier households, even as tens of millions of people have suffered job losses and reduced incomes. The Federal Reserve said on […]

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