Tag: Economic

Biden Economic Adviser Tries and Fails to Explain Monetary Policy

Jared Bernstein is President Joe Biden’s chairman of the U.S. Council of Economic Advisers. This is, in its own way, strangely fitting. It’s not because Mr. Bernstein is a sterling representative of “Bidenomics” — the catchall term for an economic program the president swears is working and  the American public keeps telling pollsters isn’t. Maybe […]

Wall Street falls on double dose of disappointing economic data

NEW YORK — Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook’s parent company, one of Wall Street’s most influential stocks, also hurt the market. The S&P 500 fell 0.5% and sliced some of the gains off what had […]

U.S. birth rate falls to 100-year low, triggering economic worries

The U.S. birthrate has dropped to its lowest point in more than 100 years, triggering concerns about the nation’s economic future with a lack of fresh blood to replenish an aging workforce. The Centers for Disease Control and Prevention’s provisional analysis of birth certificates tallied nearly 3.6 million newborns last year, down 2% from 2022. […]