Peloton hires Amazon cloud exec to be new CFO in latest shakeup in top ranks
The handover marks another departure from the at-home fitness company's top ranks.
The handover marks another departure from the at-home fitness company's top ranks.
The Fed's preferred inflation gauge rose 4.9% in April from a year ago, a still-elevated level that nonetheless indicated that price pressures could be easing.
Fed Governor Christopher Waller said he would support hikes that pass through exceed the "neutral" level.
Treasury Secretary Janet Yellen emphasized that the White House has several strategies that will reduce inflation she conceded is too high for Americans.
San Francisco Federal Reserve President Mary Daly said she backs raising rates aggressively until inflation comes down.
The openings total declined by 455,000 from the upwardly revised March number to 11.4 million in April, according to the Job Openings and Labor Turnover...
Most of the U.S. has been seeing just "slight or modest" economic growth over the past two months or so, according to a Fed report...
Private sector employment rose by just 128,000 for the month, falling well short of the 299,000 Dow Jones estimate.
Fed Vice Chair Lael Brainard said it's unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.