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Keep cash on hand and don’t buy TV, fridge this holiday season: Jeff Bezos

Amazon founder and billionaire entrepreneur Jeff Bezos has advised Americans to avoid large purchases such as new TVs, refrigerators, or cars and to “keep some dry powder on hand” during the upcoming holiday season because the US economy is likely to enter a recession soon, according to CNN.

Last month, the tycoon advised his followers to “batter down the hatches.” When asked about the tweet, he told an American network that the advice was intended for both business owners and consumers. He advised consumers to postpone purchasing large basket items they have been eyeing for some time, and large businesses to slow acquisitions and capital expenditures because the US economy is likely to enter a recession “very soon.”

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link