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Lower earners are cutting back on gas while wealthier Americans keep filling up

A new report from the Federal Reserve Bank of New York showed what higher prices at the gas pump mea...

BUSINESS NEWS May 06, 2026

Lower earners are cutting back on gas while wealthier Americans keep filling up

A new report from the Federal Reserve Bank of New York showed what higher prices at the gas pump mean for the K-shaped economy and low-income earners.

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A new report from the Federal Reserve Bank of New York showed what higher prices at the gas pump mean for the K-shaped economy and low-income earners.

Author: Business Insider

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