business news

Biden Nominates 3 to Fed Board, Including First Black woman

President Joe Biden will nominate three people for the Federal Reserve’s Board of Governors, including former Fed official Sarah Bloom Raskin for the top regulatory slot, and Lisa Cook, who would be the first Black woman to serve as a governor. 

In Omicron Hot Spot, Somber Mood as S Africa Faces Variant

The overcast, drizzly skies match the somber mood at the Tshwane University of Technology, a hot spot in South Africa’s latest surge of COVID-19 cases, apparently driven by the new omicron variant that is leading countries around the world to impose new restrictions.