"The Fed is regaining their inflation credibility, slowly. As they get inflation closer to the target, their long-run rate will again serve as a credible anchor for yields."
Some leading indicators suggest a recession is coming, while other indicators suggest the economy is healthy. Whatever the FOMC does next week, messaging will be crucial.
As inflation continues to pressure the consumer-goods industry, both companies' new CFOs will need to stem the erosion of market share without reducing profitability by spending too much on advertising or new products.
Microsoft exec follows OpenAI and Google in promoting proposals for responsible development of AI to "ensure that humanity remains in control of technology."
The U.S. Treasury Department pinned down June 5 as the specific date on which the U.S. may default on its debt if Congress doesn't act—four days later than the previous estimate.
