Imagine jumping out of your bed in the morning with a smile on your face, feeling happy and energetic. You can’t wait for the day to start. But such mornings are very rare for you, aren’t they? What’s not so rare for you is waking up every day with the same boring feeling. Not feeling […]

The post Here’s Why You’re Not Living the Life of Your Dreams first appeared on Addicted 2 Success.

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Aidan Fitzpatrick, the Founder and CEO of Reincubate, an award-winning app and data company and the the creator of Camo, the app that turns smart phones into crystal clear webcams for PCs and laptops joins Enterprise Radio.

The post Creating Global Standards in Digital Visual Branding and Communications appeared first on Enterprise Podcast Network – EPN.

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Corporate executives are taking a dim view of their prospects, with a majority now expecting a recession ahead, according to a closely watched business survey released Wednesday.

The Conference Board measure of CEO sentiment showed that 57% of respondents expect inflation to come down “over the next few years” but the economy to sustain a “very short, mild recession.”

Those results reflect an overall pessimistic tone from the quarterly gauge, as the board’s Measure of CEO Confidence fell to 42, a steep drop from the first quarter’s 57 and the lowest since the early days of the Covid pandemic. Anything below 50 represents a negative outlook, as the number measures the level of respondents expecting expansion over those seeing contraction.

That reading “is consistent with slowing for sure,” Roger Ferguson, vice chairman of the Business Council and a trustee of The Conference Board, told CNBC’s “Squawk Box” in an interview following the report’s release.

“All of this is telling us that the combination of inflation that is much too high, to quote [Federal Reserve Chairman] Jay Powell, wages that are increasing but not keeping up with inflation, and then the inability to pass all this along is creating a very, very challenging dynamic,” said Ferguson, a former Fed vice chair.

The recession expectation reading wasn’t the only bad news out of the report.

Just 14% of CEOs reported that business conditions had improved in Q2, down from 34% in the first quarter. Sixty-one percent said conditions were worse, compared with 35% in the prior reading. Only 19% see improvement ahead, down from 50%, while 60% expect things to worsen, up from 23%.

One piece of good news was that 63% expect to hire in the next quarter, down only slightly from 66% in Q1. However, some 80% said they were having problems getting qualified workers, down just slightly, while 91% see wages rising by more than 3% over the next year, up from 85% in the first three months of the year.

Also, just 38% expect to increase capital spending, a sharp decline from 48% previously. Some 20% see stagflation conditions of low growth and high inflation.

Powell said in an interview Tuesday with The Wall Street Journal that he remains determined to tamp down inflation, insisting that he will need to see conditions change “in a clear and convincing way” before the Fed stops raising rates and tightening monetary policy.

Ferguson said the survey “suggests that this set of circumstances is not likely to get better anytime soon and consequently pressures on the middle line and the bottom line for businesses, pressures on the household sector, pressures at CEO level, and, frankly, pressures on the Federal Reserve.”

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Being an entrepreneur can be fun, but it’s surely not an easy life. Once you’ve decided to commit to it, your expenses and earnings start playing catch up with each other, almost like the red and white lines in a YouTube video progress bar. This is why it’s oh-so-important to know what to invest in […]

The post 3 Things Every Aspiring Entrepreneur Should Invest in Early appeared first on Entrepreneurship Life.

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Jerome Powell, chairman of the U.S. Federal Reserve, arrives for a Senate Banking Committee hearing in Washington, D.C., on Thursday, July 15, 2021.
Al Drago | Bloomberg | Getty Images

Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level.

“If that involves moving past broadly understood levels of neutral we won’t hesitate to do that,” the central bank leader told The Wall Street Journal in a livestreamed interview. “We will go until we feel we’re at a place where we can say financial conditions are in an appropriate place, we see inflation coming down.

“We’ll go to that point. There won’t be any hesitation about that,” he added.

Earlier this month, the Fed raised benchmark borrowing rates by half a percentage point, the second increase of 2022 as inflation runs around a 40-year high.

Powell said following that increase that similar 50 basis point moves were likely to come at ensuing meetings so long as economic conditions remained similar to where they are now.

On Tuesday, he repeated his commitment to getting inflation closer to the Fed’s 2% target, and cautioned that it might not be easy and could come at the expense of a 3.6% unemployment rate that is just above the lowest level since the late 1960s.

“You’d still have a strong labor market if unemployment were to move up a few ticks,” he said. “I would say there are a number of plausible paths to have a soft as I said softish landing. Our job isn’t to handicap the odds, it’s to try to achieve that.”

The U.S. economy saw growth contract at a 1.4% pace in the first quarter of 2022, due largely to ongoing supply side constraints, spread of the omicron Covid variant and the war in Ukraine.

However, tighter monetary policy has added to concerns about a steeper downturn and has sparked an aggressive sell-off on Wall Street. In addition to the 75 basis points in interest rate hikes, the Fed also has halted its monthly bond-buying program, which is also known as quantitative easing, and will begin shedding some of the $9 trillion in assets it has acquired starting next month.

Powell said he still hopes the Fed can achieve its inflation goals without tanking the economy.

“You’d still have a strong labor market if unemployment were to move up a few ticks. I would say there are a number of plausible paths to have a soft as I said softish landing. Our job isn’t to handicap the odds, it’s to try to achieve that,” he said.

He added that “there could be some pain involved to restoring price stability” but said the labor market should remain strong, with low unemployment and higher wages.

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Can you imagine your life without the weight of your inner critic? What would your days feel like without all the negative self-talk? What possibilities would emerge in its absence? The effects of a crappy inner dialogue might feel all too familiar, but rarely do we stop to consider its true cost. Without an honest […]

The post How to Redirect Your Negative Self-Talk first appeared on Addicted 2 Success.

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