Home / BusinessBusinessThe New York TimesBusinessThe New York Times·Aug 5, 2026·1 min readBessent Declares Widening Gap Between Rich and Poor ‘Dead’Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.View original source — The New York Times ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessCNABusinessAug 6, 2026 · 1 minOil prices slip as Iran-Oman talks fuel hopes for US-Iran peace dealCNABusinessSouth China Morning PostBusinessAug 6, 2026 · 1 minDoes Beijing really have the power to lift up the Australian dollar?South China Morning PostBusinessCNABusinessAug 6, 2026 · 1 minBank of Japan's ETF holdings may help fund tax cut, LDP executive saysCNABusinessThe New York TimesBusinessAug 6, 2026 · 1 minTikTok Is Laying Off 250 Employees in Its Nashville OfficeThe New York Times
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