U.S. Economic Growth Relies on Rich Americans More Than Ever
Podcast: WSJ What’s NewsPublished On: Mon Feb 24 2025
Description: P.M. Edition for Feb. 24. While many Americans pulled back their spending due to inflation, the top 10% of earners increased theirs. WSJ reporter Rachel Louise Ensign explains the impact that has on the broader economy. Plus, the Trump administration proposes a plan that would charge millions of dollars in port fees to Chinese shipping companies and Chinese-built vessels. We hear from WSJ senior reporter Costas Paris about the proposal’s impact, if enacted. And why are NFL teams having trouble finding a new quality quarterback? Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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