Glassdoor announced the winners of its 10th annual Employees' Choice Awards, honoring the Best Places to Work in 2018. Winners are determined entirely on feedback provided by the employees. Robert Hohman, CEO of Glassdoor, breaks down the the companies that topped this year's list.
Facebook grabbed the number one spot for the third time. Hohman explains what is it about Facebook's culture that puts it in the top spot once again.
Although there were plenty of familiar faces that reappeared on the list, 40 newcomers found their way onto it this year, including Blizzard Entertainment and Adidas. Only Bain & Company, Google, and Apple made the list for the 10th consecutive year.
Federal Reserve Chair Jerome Powell will hint that the central bank could increase the pace of interest rate hikes if data indicate price pressures continuing.
Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on Tuesday.
