Federal Reserve Chair Janet Yellen during an awards ceremony earlier this month. Photo: Jacquelyn Martin / AP
The Federal Reserve announced Monday that Janet Yellen will leave after her successor, Trump-nominated Jerome Powell, takes over. Her four-year term as chairwoman comes to an end on February 3, 2018, but she could have remained on the board until 2024.
Why it matters: Trump will now get to fill four seats on the seven-member Federal Reserve Board of Governors
Illustration: Annelise Capossela/Axios
A closed-down pub in Dublin on Oct. 19. Under Ireland's new six-week-longh measures, taking effect at midnight on Oct. 21, most must stores close, home visits will be banned and a three-mile travel limit will be imposed for exercise.
The Republic of Ireland's Taoiseach Micheál Martin announced Monday evening the country would return to its return to its highest level of lockdown restrictions this week.
The big picture: Restrictions are returning across Europe as the continent faces a second coronavirus wave. Several countries have imposed regional lockdowns, but Ireland is the first to return to a full nationwide lockdown. Take a look at what's happening, in photos.
Illustration: Eniola Odetunde/Axios
Online retail and e-commerce have been chipping away at brick-and-mortar businesses over the years but the combination of the coronavirus pandemic and the 2020 holiday season may prove to be a knockout blow.
State of play: Anxious consumers say financial concerns and health worries will push them to spend less money this year and to do more of their limited spending online.