Congress

Senate confirms Jerome Powell for a second Federal Reserve chair term

The Senate overwhelmingly confirmed Jerome Powell to a second term as chairman of the Federal Reserve on Thursday, a move that comes at a precarious time for the U.S. central bank as policymakers attempt to tame the hottest inflation in a generation without tipping the economy into a recession.

Hundreds of daycare centers closed as workers go on strike

More than 200 daycare centers vowed to shut down on Monday as more than 400 early education professionals go on strike and are to participate in rallies at state capitals and city halls across the country as part of “A Day Without Child Care: A National Day of Action.”