Battles to shrink the Federal Reserve's balance sheet begin
Data: Federal Reserve; Chart: Neil Irwin/Axios Incoming Federal Reserve chief Kevin Warsh's ambition to shrink the central bank's multitrillion-dollar bond portfolio may quickly run into hard limits. Why it matters: For nearly two decades, the Fed's ability to flood markets with
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All today →World Bee Day
UN-designated on the birthday of Anton Janša, a Slovenian beekeeper. Pollinators are responsible for a third of global food production — bees punch well above their weight.
+2National Strawberry Day
The garden strawberry is a hybrid first bred in Brittany, France in the 1750s by crossing a Chilean variety with a North American one. The resulting fruit spread across Europe and eventually produced the modern commercial strawberry. The US now grows 1.4 billion pounds per year, 90% of it in California.
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