CEOs see a recession on the way
May 18, 2022
Sixty-eight percent of CEOs surveyed by The Conference Board expect that the Federal Reserve’s efforts to reign in inflation will lead to a recession. Only 11 percent of those surveyed expect that the recession will be long running. Dana Peterson, The Conference Board’s chief economist, warned against self-fulfilling prophecies. “You can always talk yourself into a recession,” he said. “If businesses start shedding jobs in anticipation of a recession, that is going to spook consumers — and that can get us into a recession.”
Recent News
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.
Amazon, Target, and Others Pull Weighted Baby Sleep Blankets From Shelves
These baby products raise safety concerns.
New LEGO Technic Summer Sets Revealed
Summer is upon us, and so are the latest LEGO Technic sets.
Snapchat Reveals Latest AR and ML Tools for Brands and Advertisers
Snapchat has introduced a range of new augmented reality (AR) and machine learning (ML) tools created to assist brands and advertisers in engaging with users on the social platform through interactivity.