April 29, 2022 - Is the U.S. Economy Headed for a Slowdown?

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From the Editor's Desk How Leaders Create and Use Networks Most people acknowledge that networking—creating a fabric of personal contacts to provide support, feedback, insight, and resources—is an essential activity for an ambitious manager. Indeed, it’s a requirement even for those focused simply on doing their current jobs well. For some, this is a distasteful reality. Working through networks, they believe, means relying on “who you know” rather than “what you know”—a hypocritical, possibly unethical, way to get things done. But even people who understand that networking is a legitimate and necessary part of their jobs can be discouraged by the payoff—because they are doing it in too limited a fashion. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work Is the U.S. Economy Headed for a Slowdown? A shrinking G.D.P., Amazons slowing revenue and supply chain woes all point to the economic engine shifting down a gear. Work A Different Kind of California Playlist Were debuting a new soundtrack dedicated to ambivalence, if not outright disdain, for the Golden State. Work Europe's economy slows to a crawl as war and inflation take a toll. The eurozone economy grew 0.2 percent in the first three months of the year, and growth in the European Union was just a touch higher. Work 'It's Life or Death': The Mental Health Crisis Among U.S. Teens Depression, self-harm and suicide are rising among American adolescents. For one 13-year-old, the despair was almost too much to take. Work College graduates are overestimating the salaries they'll start out at by $50,000, report finds Demand for talent is driving college graduate starting salaries higher but they may fall far short of expectations. Work Private astronaut just back from space station describes interactions with Russian cosmonauts | CNN Business It didn't take long for the crew of the first all-private mission to the International Space Station to experience the unique dependency that US astronauts and Russian cosmonauts share in orbit. Work Opinion: Why Harvard's report demands our attention A recent report from Harvard University detailing its history with racial slavery and a message from the school's leadership committing $100 million to measures of acknowledgment and reconciliation come at a crucial time, argues Peniel E. Joseph. Work 'Carpool Karaoke' king James Corden will leave his late-night show in 2023 The British actor and writer announced his decision during the taping of Thursday's The Late Late Show, which he began hosting in 2015. Corden will leave next spring, but didn't say what he'd do next. Work Cathie Wood bought more than $20 million worth of Teladoc as stock tanked Thursday Ark Invest added shares of Teladoc in four different funds during a sharp decline for the stock on Thursday. Work 5 things to know before the stock market opens Friday U.S. stock futures fell Friday, with the tech-heavy Nasdaq set to open down 1% as Amazon and Apple sank in the premarket. Work Panama is poised to approve the use of Bitcoin and 8 other cryptos 'without limitation' The legislation would see Panama follow in the footsteps of El Salvador, which approved Bitcoin as legal tender. In Panama, however, accepting the cryptos won't be obligatory, meaning they won't be legal tender per se. Work 'Head coach wants to play': the US drug sting that led to BVI premier's arrest Andrew Fahie is due in court on drug charges in Miami after arrest following months-long DEA operation Work Head of EU border agency Frontex resigns amid criticisms Fabrice Leggeri under fire over agencys human rights record and anti-fraud investigation Work Russia-Ukraine war: Putin tried to humiliate UN with Kyiv attack, says Zelenskiy; British aid volunteers reported missing live Ukraines president says attack on the city during the UN general secretarys visit showed Russian leaderships efforts to humiliate the UN Work Russian intelligence behind poisoning of Nobel-laureate editor, says US US officials say unnamed Russian spy services launched chemical attack on investigative journalist Dmitry Muratov on Moscow train Work Barrister was discriminated against for gender-critical views, tribunal hears Allison Bailey says Garden Court chambers and Stonewall wrongly treated her gender-critical views as transphobic Work Cabinet minister says she was 'pinned against wall' by male colleague as Tory porn scandal continues UK politics live Anne-Marie Trevelyan tells male colleagues not to grope women as sexism scandal engulfs Westminster Work Ofwat could face legal action over sewage discharges in rivers Environmentalists accuse England and Wales water regulator of failing to take action against polluters Work China's logistics robot maker VisionNav raises $76M at $500M valuation Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor. VisionNav Robotics, which specializes in autonomous forklifts, stacking vehicles and other logistics robots Work Tourist hub Bahamas sees spike in migrant smuggling by boat to the United States Tourist hub Bahamas sees spike in migrant smuggling by boat to the United States Work Musk told banks he will rein in Twitter pay, make money from tweets -sources Musk told banks he will rein in Twitter pay, make money from tweets -sources Work Brazil to raise tax on net income of banks, financial firms Brazil to raise tax on net income of banks, financial firms Work Phillips 66 beats profit estimates, to resume share buybacks Phillips 66 beats profit estimates, to resume share buybacks Work White House issues infrastructure spending implementation guidance White House issues infrastructure spending implementation guidance Work Exxon takes a hit from Russia, triples buybacks over higher oil prices Exxon takes a hit from Russia, triples buybacks over higher oil prices Work AstraZeneca says its COVID shot still has role despite global glut AstraZeneca says its COVID shot still has role despite global glut Work Tesla recalls 48,000 U.S. vehicles over speed display Tesla recalls 48,000 U.S. vehicles over speed display Work China signals easing of tech squeeze in bid to lift economy China signals easing of tech squeeze in bid to lift economy Work Panama Announces Crypto Adoption in its Final Stages By CoinQuora Panama Announces Crypto Adoption in its Final Stages Work Yellen urges development banks to mobilize private capital for G7 infrastructure push U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging market countries as part of a concerted effort by the G7 wealthy democracies to counter China's multitrillion-dollar Belt and Road initiative. Work Ukraine warns Russian offensive in east gathering momentum as U.N. warns of destruction Russia's offensive in eastern Ukraine is gathering momentum as the United Nations' chief surveys the destruction in towns outside Kyiv that experienced some of the worst horrors of the first onslaught of the war. Work In Western Ukraine, Displaced Children Play To Forget War In western Ukraine, displaced children play to forget war Work Walmart unveils activewear line with fashion and fitness couple Michelle Smith and Stacey Griffith The brand is another sign of the big-box retailer's efforts to become known as a place where shoppers can find stylish clothing along with milk and bananas. Work Extreme global warming could see major ocean life extinction A computer model based on past mass extinctions predicts the percentages of marine organisms that may be lost in best and worst-case scenarios Work Amazon's net loss prompts query: Has it built too many warehouses? In recent years, Amazon.com Inc has spent billions of dollars on new warehouses that cut into profits, explaining to investors that it had no choice but to meet ever-rising consumer demand. Work Bolt, a Checkout Startup Worth $11 Billion, Lost Customers as Revenue Stalled Bolt, which develops software that online stores use to help shoppers pay with one click, started the year riding high after rapid-fire fundraising and a private valuation that skyrocketed to $11 billion in January from $6 billion in October. It also easily outlasted Fast, a rival that had ... Work Tearful Goodbyes In Ukraine Town As Russian Forces Approach "We don't know what the situation will be tomorrow." Work HRT: Women turn to black market for menopause symptoms treatment One woman describes becoming "more irrational, more snappy, not being able to sleep" without HRT. Work Employer Spending on Labor Likely Rose in First Quarter, Economists Say Businesses are competing for workers in a tight labor market where job openings far outstrip the number of people looking for work. Work Not A Startup Founder? Be A Corporate EntrepreneurKnow The Four Types That Just Might Succeed If you have ambitions to be an entrepreneur, but dont have an idea for a startup or lack the risk-taking right now that might be necessary, where do you go? You go to large corporations. Work Telling the Truth about All This: Reckoning with Slavery and Its Legacies at Harvard and Beyond | Radcliffe Institute for Advanced Study at Harvard University Universities and other institutions around the world have begun to reckon with their ties to slavery and its enduring legacies. Such efforts have uncovered previously unknown or ignored histories of enslavement, financial ties to slavery, and support for racist ideologies. They have also called attention to the long history of Black leadership and resistance. Taking these histories as a starting point, this conference will consider how institutions can pursue sustained and meaningful repair. Work South Africa may be entering fifth Covid wave earlier than expected Rise in infections appears to be driven by Omicron sub-variants, say health officials Work Kelly Schulz pulls out of debates, says Trump-backed opponent in Maryland Republican gubernatorial candidate Dan Cox accused Schulz of refusing to submit to "the People's questions." Work Russians sue Apple after it pulls payment service Apple was among a number of big companies to pull services from Russia in response to the invasion of Ukraine, but Russian consumers are hitting back. Work Eileen Gu sparks praise and debate after thanking China in farewell post "Thank you China," complete with a Chinese flag and a heart emoji, might seem like an innocuous enough farewell message from China's Winter Olympics superstar Eileen Gu. Work All of Elon Musk's ideas for making money with Twitter Elon Musk's ideas about how Twitter can make more money involve job cuts, fewer ads, and paying for tweets. Work Analysis: Russia's Ukrainian quagmire providing tough lessons for China From countering a Western "information war" during a Taiwan conflict to using "shock and awe" to swiftly subdue the island's forces, Chinese strategists are soaking up lessons from Russia's Ukrainian quagmire, diplomats, scholars and analysts say. Work Residential building collapses in central Chinese city of Changsha Unknown number of people trapped in the ruins of the six-storey mixed-use structure. Work In 1922 Einstein Scribbled the Secret to Happiness on a Note. Nearly a Hundred Years Later It Sold for $1.56 Million A note containing the genius's 'theory of happiness' later sold at auction for $1.56 million. Work Ukraine is relying on its secret weapon in the war against Russia: Trains Rail has played a pivotal role for both sides of the war, and it may help explain the failure of Russian forces to win control of the country. Work Eight ways scientists are unwrapping the mysteries of the human brain Optogenetics and advanced imaging have helped neuroscientists understand how memories form and made it possible to manipulate them. Work This one-way superconductor could be a step toward eternal electricity For people who dream of superconductor electronics, the ability to send electricity in one direction is a powerful inspiration. Work Ukraine war: Two UK aid workers captured by Russia, says NGO The volunteers were detained at a Russian checkpoint, according to an aid organisation. Work How to form realistic expectations about data The journey to becoming a real data analyst Work Effective Leaders Decide About Deciding | Nancy Duarte Categorizing decisions by riskiness and urgency helps clarify when to involve higher-ups. Work Forget the algorithm: Here's what really makes Twitter unique | ZDNet Despite all the promise of algorithms, the technology is the smallest part of a social network. Work They Survived the Holocaust. Now, They Are Fleeing to Germany. A complex operation is underway to evacuate Holocaust survivors from Ukraine. For rescuers and evacuees alike, it means confronting the past. Work How Facebook and Google fund global misinformation The tech giants are paying millions of dollars to the operators of clickbait pages, bankrolling the deterioration of information ecosystems around the world. Work Here's How to Tell Within 20 Seconds If Someone Isn't as Great a Negotiator as They Think Plus, the nine magic words of negotiating. Work How to poison the data that Big Tech uses to surveil you Algorithms are meaningless without good data. The public can exploit that to demand change. Work Drones Have Transformed Blood Delivery in Rwanda The autonomous aircraft have shuttled blood to rural, mountainous areas for years. A new analysis proves theyre faster than driving. Work The Mistake Companies Make When They Use Data to Plan Diversity Efforts In order to step up diversity efforts, organizations often start with people analytics to pinpoint where to intervene. But as organizations take a data-driven approach to identifying areas of change, many encounter one issue: they have a great deal of data about the experiences of certain groups, but far less on others. An organization may be able to tell a clear story about how women in general are faring, or may be able to discuss the experiences of people of color broadly, but what about Asian women compared to Black women, or Hispanic men compared to white men? With such limited data, many companies revert back to broad categories (e.g. all women) as they structure diversity initiatives. But pooling people of color or women to have more data discounts within-group differences and hinders meaningful change. Research shows that one size first all diversity approaches often only benefit a subset of employees. And efforts directed at women broadly tend to advance white women at the expense of women of color. Research identifies four key steps companies can take to ensure they dont fall victim to the faulty logic of small numbers: be willing to make claims based on small numbers, dig deeper, engage managers as allies, and dont settle for small numbers. Work China's COVID policy in line with pursuing economic progress, expert says China's "dynamic-zero" policy against COVID-19 is in line with pursuing economic progress, rather than in conflict with it, a senior health expert said on Friday. Work How Bitcoin mining devastated this New York town Between rising electricity rates and soaring climate costs, cryptomining is taking its toll on communities. Work External blood oxygenation saved hundreds of Covid-19 sufferers study Adding oxygen to blood using ECMO process found to cause big increase in survival rate in severe UK cases Work Euro zone inflation hits record high for the sixth month in a row Headline inflation in the 19-member euro zone reached 7.5% in April. Work In Pakistan, Afghan refugees face hardship and a frosty reception After decades of providing refuge to Afghans displaced by conflict, ordinary Pakistanis increasingly see them as a drain on limited public resources. Work Hiring developers? Your interview process is probably doing more harm than good | ZDNet Recruiters are desperate to hire developers, but old-school interview techniques often fail to capture the best of candidates' abilities - and can put them off the role entirely. Work The Forbes Entrepreneurial CMO List: 2022 Recognizing 50 Of The Most Entrepreneurial CMOs In Marketing Today Work A Ukrainian father's terrifying journey to a Russian prison and back Nikita Horban was abducted from his village and taken to Russia. He would come back without any toes. Work Fake faces created by AI look more trustworthy than real people Synthetic human faces are so convincing they can fool even trained observers, and they may be highly effective for use in scams Work What's the best way to deal with that bully? Join NATO. Membership would make Sweden and Finland safer and the alliance stronger. But theres a time window of vulnerability. Work Climate change may increase risk of new infectious diseases: study Climate change will result in the spread of thousands of new viruses among animal species by 2070, and that's likely to increase the risk of emerging infectious diseases jumping from animals to humans, according to a new study. Work How to Start a Poshmark Business Poshmark has become a driving force in expanding the fashion resale market by creating a user-friendly platform in the United States. The company has now expanded to Canada and Australia, showing that this is a service needed globally and that customers are willing to buy new and used clothing right out of our closets. The [] Work Majority Of Americans Believe Putin Instructed Russian Troops To Commit War Crimes, Poll Suggests The poll, conducted by the Associated Press-NORC Center for Public Affairs Research, also found that more than 60% of Americans believe the spread of misinformation about the war in Ukraine is a major problem. Work Musk says Twitter is a digital town square but unfettered free speech is a fantasy While Musk will push the boundaries of what he can get away with, the idea that Twitter will allow unfettered free speech is a fantasy. Work Quantum experiments add weight to a fringe theory of consciousness Experiments on how anaesthetics alter the behaviour of tiny structures found in brain cells bolster the controversial idea that quantum effects in the brain might explain consciousness Work Gilead earnings beat Street estimates, writedown taken on cancer drug Gilead Sciences Inc on Thursday said its first-quarter revenue rose 3%, helped by sales of HIV drug Biktarvy and COVID antiviral Veklury, but the company reported a net loss as it wrote down the value of its 2020 acquisition of Immunomedics following recent trial results for cancer drug Trodelvy. Work Why North Carolina is the destination for history, hikes and food North Carolina attracts history buffs, outdoor lovers, foodies, families, and couples in search of a romantic getaway. Work 'COVID Never Left Me': Stories of Those Battling Long COVID 'It was soul crushing', says Nishtha about her battle with long COVID Work AI is learning how to create itself Humans have struggled to make truly intelligent machines. Maybe we need to let them get on with it themselves. Work It's okay to opt out of the crypto revolution The crypto industry is investing heavily in getting more people to buy in. That doesn't mean you have to. Work 7 Rules for Job Interview Questions That Result in Great Hires Its time to throw out the old list of interview questions that youve been using for years. Websites like Glassdoor.com give candidates access to the questions that most large companies ask, and the answers that interviewers expect. Hiring the wrong candidate is always costly, so its imperative that interviewers get the most critical information out of candidates possible. This starts with carefully selecting questions and determining the most acceptable answers in advance. The author provides seven guidelines for developing questions that result in successful hires. The key is to focus on topics that speak to the position itself and are therefore harder to prepare in advance. Work FDA approves Bristol Myers' oral heart disease drug Bristol Myers Squibb said on Thursday the U.S. Food and Drug Administration (FDA) approved its oral heart disease drug Mavacamten, making it the first cardiac myosin inhibitor to be permitted for use in the country. Work Why You Should Work Less and Spend More Time on Hobbies As professionals around the world feel increasingly pressed for time, theyre giving up on things that matter to them. A recent HBR article noted that in surveys, most people could name several activities, such as pursuing a hobby, that theyd like to have time for. This is more significant than it may sound, because it isnt just individuals who are missing out. When people dont have time for hobbies, businesses pay a price. Hobbies can make employees substantially better at their jobs for three reasons: they reawaken your creativity, give you a fresh perspective, and bolster your confidence. Work Internet Shutdowns Rocket As Governments Crack Down On Dissent According to Access Now and the #KeepItOn coalition, authorities deliberately shut down the internet at least 182 times across 34 countries, up from least 159 shutdowns in 29 countries in 2020. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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