President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.
Amid rising COVID-19 cases, Austria announced it would implement a full national lockdown. The country will also require COVID-19 vaccinations for all eligible citizens – the first such measure in Europe.
Governors of Texas and Florida are urging container ships struggling to get into California ports to reroute to their states, where they say there is capacity to handle...