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"Americans Haven't Been This Optimistic About the Job Market in Over 30 Years," by Bloomberg's Jordan Yadoo: "Thirty-five percent of U.S. consumers surveyed by the University of Michigan this month expect unemployment to further decline during the year ahead."

That's the largest share "since March 1984 — a time when unemployment was a full three percentage points higher than the current rate of 4.8 percent."

Chaser ... "Record-setting stock rally faces test in Trump speech," by Reuters' Lewis Krauskopf: "[S]ome investors worry that his first major address to Congress [on Tuesday] risks dousing it if his plans look slow to execute or are overly vague."

Go deeper

Senate confirms Rhode Island Gov. Gina Raimondo as commerce secretary

Rhode Island Gov. Gina Raimondo (D). Photo: David L. Ryan/The Boston Globe via Getty Images

The Senate voted 84-15 on Tuesday to confirm Rhode Island Gov. Gina Raimondo to lead the Commerce Department.

Why it matters: The agency promotes U.S. industry, oversees the Census Bureau, plays a key role in the government's study of climate change through the National Oceanic and Atmospheric Administration, and evaluates emerging technology through the National Institute of Standards and Technology.

Updated 42 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Health: CDC director warns "now is not the time" to lift COVID restrictions — Exclusive: Teenagers' mental health claims doubled last spring.
  2. Axios-Ipsos poll: Americans' hopes rise after a year of COVID
  3. Vaccine: J&J CEO "absolutely" confident in vaccine distribution goals — Vaccine hesitancy is shrinking.
  4. World: China and Russia vaccinate the world, for now.
  5. Energy: Global carbon emissions rebound to pre-COVID levels.
  6. Local: Florida gets more good vaccine newsMinnesota's hunger problem grows amid pandemic — Denver's fitness industry eyes a pandemic recovery.

Supreme Court likely to favor Republican-backed Arizona voting laws

A person walking outside of the Supreme Court building in Washington, D.C., on Feb. 22.

The U.S. Supreme Court on Tuesday appeared to favor Republican-backed voting restrictions in Arizona that Democrats argue violate the Voting Rights Act of 1965, the Washington Post reports.

Why it matters: The Justices' decision in the case could weaken Section 2 of the VRA, which prohibits voting practices or procedures that discriminate on the basis of race.