It’s sweltering in the Pacific Northwest. Can the infrastructure keep cool?

The Pacific Northwest is enduring a record-setting heat wave, which has ignited a run on air conditioners. While AC isn’t known as an essential need in that region, its sudden widespread use stirs questions about whether the infrastructure can adapt. Also today, we look at the extended child tax credit’s effect on poverty, the Fed’s housing market tightrope and the first Black woman to get a Ph.D. in economics.