Tough times are ahead, former Chase chief economist warns

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Tough times are ahead, former Chase chief economist warns

Former Chase chief economist Anthony Chan argues the question right now is whether an upcoming recession will be major or minor given the inconclusiveness of the data.

Former Chase chief economist Anthony Chan reacted to JP Morgan Chase CEO Jamie Dimon’s warning of a looming economic “hurricane,” warning that he, too, believes “tough times are ahead.”

Speaking on “Varney & Co.” on Tuesday, Chan also argued that there is “no doubt” that the risk of recession has increased for 2023.

Dimon, who said at the beginning of May there were storm clouds forming on the economic horizon, ratcheted up his warning last week, citing fresh challenges facing the Fed as it seeks to tame the hottest inflation in a generation.

“I said there were storm clouds. But I’m going to change it. It’s a hurricane,” he said during a conference hosted by AllianceBernstein Holdings.

“Right now it’s kind of sunny,

Comcast RISE business grant winner serves a latte kindness during tough times

By Nina Huang
NORTHWEST ASIAN WEEKLY

Bellden Cafe owner Claire Sumadiwirya (Photo provided by Claire Sumadiwirya)

It was a moment of kindness from a stranger that motivated Claire Sumadiwirya, mother of three, to open a purpose-driven cafe.

Sumadiwirya opened Bellden Cafe four years ago with a community-focused mission in mind. The cafe’s mission is simple: to build community through food, drink, and kindness.

Originally from Shanghai, Sumadiwirya moved to Bellevue when she was 12. She graduated from the University of Washington with degrees in sociology and finance, and also received her MBA from Seattle University.

When Sumadiwirya and her family were living in Shanghai, her eldest son got sick and they had to stay at a hospital.

Hospitals in Asia and Europe don’t always have cafes like they do in the United States, so she found herself lonely, sleep-deprived, and hungry, but there was a generous janitor at the hospital

The Threats to Amazon – The New York Times

“If they can succeed in automating more low-level labor tasks, they will be less dependent on human labor,” Mr. Van Alstyne said. Robots are used throughout Amazon already, and the company is racing to expand their use in an effort to meet the punishing demands of Prime delivery logistics. But Amazon’s efforts to automate could open the company up to additional liabilities.

The looming threats to Amazon

For Amazon robots to be able to stock, select, pack and ship goods, all of those products need to be inside the company’s fulfillment centers, allowing Amazon to control the entire delivery process instead of outsourcing shipment to partners. Amazon is rapidly building warehouses to bring even more products in-house — a decision that could strengthen the legal case that they are liable for the safety of those products.

Lawmakers are increasingly agitating to reform Section 230, the provision of the Communications

Greater Small business Bytes: Imagine two times before donating to breast cancer awareness campaigns

By Kelsey Gardipee
For The Cordova Situations

The coloration pink has been connected with Susan G. Komen for the Overcome, a BBB Accredited Charity, considering that the organization’s inception in 1982. 3 yrs later on, October was deemed Breast Cancer Consciousness Thirty day period. Then in 1992, Self magazine’s editor-in-main established a pink ribbon and enlisted quite a few cosmetics firms to support distribute them in advertising of their next annual Breast Most cancers Recognition Thirty day period publication.

Now, pink ribbons are synonymous with breast most cancers. Each tumble, packaging labels and web sites turn pink to inspire profits and generate donations.

There are certainly upsides to the amplified prominence of pink ribbons, particularly considering the fact that roughly 13% of girls in the U.S. will build breast cancer in their life time. Elevated consciousness of the ailment has assisted immediate billions of pounds to breast most cancers