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K-shaped economy is showing up at the gas pump: NY Fed
Low-income households are cutting back on gas as prices surge, while wealthier households remain largely unfazed.
First seen · 1:29 AM UTCMay 9, 2026
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Victory and Peace Day
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Public holiday
Victory Day
Victory Day is observed in Belarus (Дзень Перамогi). Recognized nationally.
Public holiday
Day of Victory over Fascism
Day of Victory over Fascism is observed in Georgia (ფაშიზმზე გამარჯვების დღე). Recognized nationally.
Public holiday
Liberation Day
Liberation Day is observed in Guernsey. Recognized nationally.
Also on this date in history
All →2023
The May 9 riots following the arrest of Imran Khan in Pakistan.
Milestone2022
Russo-Ukrainian war: United States President Joe Biden signs the 2022 Lend-Lease Act into law, a rebooted World War II-era policy attempting to expedite American equipment to Ukraine and other Eastern European countries.
Politics2020
The COVID-19 recession causes the U.S. unemployment rate to hit 14.9 percent, its worst rate since the Great Depression.
Milestone