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Fed to keep rates higher; Fleetwood Mac's Christine McVie dies; DoorDash cuts 1,250 jobs | Hot off the Wire podcast

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Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio

On the latest version of Hot off the Wire:

  • Fed Chair Jerome Powell says the Federal Reserve will push rates higher than previously expected and keep them there longer to fight a stubborn bout of inflation.
  • Christine McVie, the soulful British musician who sang lead on many of Fleetwood Mac’s biggest hits, has died at 79.
  • Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.

More details in our episode show notes.

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