Federal Reserve Chairman Jerome Powell testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, D.C., on Sept. 30. The Fed announced new restrictions on investments by senior officials after being rocked by a controversy involving trading by two regional Fed bank presidents last year.
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Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing in Washington, D.C., on Sept. 30. Powell's term expires early next year, and President Biden must decide whether to reappoint him.
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People walk on a pedestrian overhead bridge past construction cranes at the Central Business District in Beijing on Monday. China's economic growth sank in the latest quarter as a slowdown in construction and curbs on energy use weighed on its recovery from the coronavirus pandemic.
Students at Patterson High School in Patterson, Calif., are participating in the one of the first truck-driving programs for students at a non-vocational high school in the country.
Dave Dein/Patterson High School
Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
The price of glass jars to hold pasta sauce and other products has soared during the pandemic. Sauce-maker Paul Guglielmo in Rochester, N.Y., has absorbed some of the increase, but he has also raised prices for consumers.
Containers are stacked high at the Port of Los Angeles on Sept. 28. A record number of cargo ships are stuck floating and waiting off the Southern California coast amid a supply chain crisis that the Biden administration is hoping to ease.
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