US birth rate falls to its lowest since 1979 as pandemic-led stress rises

Americans had the lowest number of babies in more than four decades last year, mirroring a slump in European birth rates, as the COVID-19 pandemic forced more people to take care of sick family members or deal with job losses. Birth rate in the United States fell 4% in 2020 to about 3.6 million babies, […]

Yellen sees no inflation problem after rate hike comments roil Wall Street

U.S. Treasury Secretary Janet Yellen said on Tuesday she sees no inflation problem brewing, downplaying earlier comments that rate hikes may be needed to stop the economy overheating as President Joe Biden’s spending plans boost growth. The initial comments made by Yellen, a former Federal Reserve chair, deepened a sell-off in tech stocks and pushed […]