Inflation expectations fall in July as consumer sentiment beats expectations

CHICAGO , July 7, 2022 /CNW/ - Chicago's NeoCon® 2022 was a huge success for the SnapCab team, after a lot of planning and hard work. NeoCon has been the standout event for the commercial design industry for fifty years. Over 700 exhibitors showcased new products and services relevant to the workplace, education, public spaces, healthcare and more. SnapCab was recognized with HiP honoree awards for both the Meet 2 and the Work in the Workspace Pods & Wall Systems category.

SnapCab also launched a brand-new design - the Link, a unique dedicated video-conferencing office pod.

In today's Zoom-centric world, the Link provides a quiet, private space with the ideal layout and lighting. The space is elongated with a height adjustable desk for the best camera angle. Dimmable white LED lights are positioned vertically to light the user's face evenly. The acoustic felt lining the walls improves the audio quality for online meetings.

The Link's single person occupancy offers a trim space that fits into an office layout or in the home. It provides a quiet space to focus on a project, take a call or hold a virtual meeting. An optional switch-glass front is available for privacy and to eliminate distractions.

Like other pods in SnapCab's Workspace selections, the Link utilizes a top-to-bottom air flow exchange, pulling fresh air in through ceiling fans and exiting through floor vents. This gives users a fresh environment with the cleanest air flow, exchanging fully every 90 seconds. Priced competitively, the Link is UL Listed, Seismic Certified, fire-rated, CARB Phase II compliant, and carries a 10-year warranty.

Carla Bostock , Art Director & Product Aesthetics Manager at SnapCab, says that her favorite thing about the Link is how customizable it is: "You can literally choose from thousands of color combinations. The desk can easily adjust to any height for sitting or standing. And technology is always changing. You are not locked into built-in equipment. The pod can work with your current and future tech."

"Space to be You" Pod Design Reveal Event

The day before the show began, SnapCab hosted an event to spotlight a full-scale build of the winning submission for the first "Space To Be You" pod design contest, which was co-sponsored by i+s. Emma Franceschina , a recent interior design graduate of Georgia Southern University , was on hand for the reveal of her winning design, the "Japandi" pod. She spoke at the event about the inspiration behind her custom design and shared that she recently accepted a position at Gensler. Winning the contest, having her design featured at NeoCon, and the accompanying exposure on social media really helped jump-start her career, Franceschina said. The crowd enjoyed food and drink and a great atmosphere. The model stayed open throughout the show and drew lots of attention. The whole concept was such a success, it will be done all over again, with a new contest launching this summer. The winning design will be showcased at NeoCon 2023.

"Space To Be You" 2023 Contest Details

New Design Your Pod Tool

And that wasn't all. SnapCab also launched the "Design Your Pod" tool on its website. This was an instant hit at NeoCon and people were having fun designing pods, choosing from hundreds of material and color options for frames, wall panels, ceilings, furniture, and more. Following the show, SnapCab saw an influx of requests for quotes based on this new feature.

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Canadian employees saw their incomes increase by 14.3% in 2021

The price of an ESPN+ subscription will rise to $9.99 per month starting Aug. 23, while the cost of an annual subscription will go up to $99.99 from $69.99. Subscribers will be officially notified next week. However, the fee for those getting a bundle of all of Disney's streaming services, including Hulu and Disney+, will not get impacted, the company said.

Even though most major cryptocurrencies and assets are heavily discounted, not all of them are worth buying due to a higher degree of risk. The post 2 Assets to Track as Confidence in Crypto Wanes appeared first on The Motley Fool Canada.

The value of deals struck in the first half of 2022 dropped to $144.2 billion, due to an ongoing stock market rout driven by fears of a looming recession, raging inflation and aggressive rate hikes, from $158.2 billion over the same period last year. The pace of VC activity is also expected to slow in the second half of 2022 as the threshold for closing deals rises and pricing uncertainty extends to the early stages of the investment cycle. "Exits remain extremely low while late-stage companies act with caution as a result of bearish public market activity," said John Gabbert, founder and chief executive of PitchBook.

RIO DE JANEIRO (AP) — Millions of Brazilians — and likely the president's reelection campaign — will get a hefty boost from a measure approved by Brazil's Congress that sharply raises subsidies for the poor less than three months before presidential voting. Lawmakers voted Wednesday to declare a state of emergency that waives a constitutional cap on government spending. That will allow the equivalent of about $7.6 billion to increase welfare benefits, from 400 to 600 reais (about $110) a month,

A government crisis in Italy is complicating a politically sensitive plan devised by the European Central Bank to support indebted euro zone countries on the bond market before it even starts in earnest. In an unprecedented effort to cap borrowing costs, the ECB said last month it would buy more of a given state's bonds if its debt yields rose too far in an unwarranted fashion. The scheme, using the proceeds of the ECB's existing bond holdings as well as a new mechanism to be unveiled next week, was a response to a sudden rise in yields across southern Europe.

Global equities climbed on Friday, while the dollar dipped and oil rose as investors reduced their expectations of an aggressive interest rate hike by the Federal Reserve this month and as U.S. spending data beat forecasts. Investors still face concerns that the world economy is headed for recession as central banks rush to get on top of galloping inflation, with steep interest rate rises seen this week in Canada, New Zealand, Chile, South Korea and the Philippines. Many are also still digesting an easing of Italy's political crisis.

Canada's resource-heavy stock index rose on Friday on the back of strength in energy shares, but was on track for a weekly loss as investor worries deepened over a possible economic slowdown. At 10:06 a.m. ET (14:06 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 37.45 points, or 0.2%, at 18,366.51. Still, the S&P/TSX index was headed for a weekly loss of 3.5%, which would be its biggest in a month, after the Bank of Canada's jumbo rate hike on Wednesday pummeled financial stocks.

The new hires will help the bank strengthen its commercial real estate and structured lending businesses, according to the memo, the content of which was confirmed by a company spokesperson. Lisa Shenwick, David Addison and Gregory Zann have joined as both directors and structured lenders, while Brian Han has been named vice president, Deutsche Bank said in the memo.

Japan's Fast Retailing, the owner of clothing brand Uniqlo, posted record quarterly profit on Thursday, as the weaker yen and strong sales in the United States made up for a slump in a pandemic-hit Chinese market. Operating profit for the three-month period to the end of May jumped 37% from a year earlier to 81.8 billion yen ($587.4 million), an all-time high, the company said in a statement, as it lifted forecasts for sales and earnings for the full fiscal year. The consensus forecast was for operating profit of 66.72 billion yen, according to the average of forecasts from seven analysts polled by Refinitiv.

TORONTO — As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices won't be coming down anytime soon. Carleton University economics professor Vivek Dehejia says there may be "some relief" in sight, but not a whole lot, and expects a "tough six months to a year for average Canadians." He says the pressure points that played a big role in pushing inflation to a near 40-year high "are still in play," namely on

BRUSSELS (AP) — Russia's war in Ukraine is expected to wreak havoc with the European Union's economic recovery for the foreseeable future with lower annual growth and record-high inflation, the bloc's economic forecast showed Thursday. The summer figures for the 19 nations using the euro have set inflation to reach an average of 7.6% this year, a major increase from its May expectation of 6.1%. Last month, consumer prices surged 8.6% from a year earlier. Expectations for economic growth slid by

Investors should target inflation-resistant stocks like Empire Company Ltd. (TSX:EMP.A) and others in this uncertain climate. The post 3 Inflation-Resistant Stocks to Add Today appeared first on The Motley Fool Canada.

Acronym Solutions (formerly Hydro One Telecom) today announced the launch of Session Initiation Protocol (SIP) Trunking, a managed voice and data service that streamlines telephone connectivity for businesses.

RRSP investors can now buy top TSX dividend stocks offering above-average yields. The post RRSP Investors: 2 Top Oversold TSX Dividend Stocks to Buy on the Dip appeared first on The Motley Fool Canada.

Chile's Supreme Court on Thursday ratified the definitive closure of Canada-based Barrick Gold's controversial $8.5 billion Pascua Lama gold and copper mining project, previously ordered to shutter by the country's environmental regulator in 2018. The Andean site along the border between Chile and Argentina was the subject of an extensive legal dispute, leading the firm to halt operations before opening due to increased costs and criticisms from shareholders. The court upheld the three charges from the environmental regulator, despite Barrick's allegations the regulator had acted outside of its powers, it said in its ruling.

Hyundai Motor's high-performance N sub-brand is revealing its electrification vision to demonstrate the company's commitment to future-focused zero-emissions technologies. RN22e and N Vision 74 are inspirational examples of N's electrification vision.

A special message from Motley Fool Canada’s Chief Investment Adviser, Iain Butler. The post Breaking: We’re ‘Buying the Dip’ as the TSX Hits 16-Month Lows appeared first on The Motley Fool Canada.

LONDON (AP) — Mideast carrier Emirates on Thursday rejected a demand by London's Heathrow Airport for airlines to cut the number of passengers on summer flights in a bid to ease travel disruptions, calling it an “entirely unreasonable and unacceptable” move that shows “blatant disregard for customers.” In a blistering statement, the airline accused Heathrow's management of “incompetence” for not being ready to deal with the “super peak period” for travel. The airport says it's been seeking help

BRUSSELS (Reuters) -Amazon has offered to halt online selling and marketing practices EU antitrust regulators regard as anti-competitive to try to end two investigations and avoid a possible hefty fine, ahead of EU rules that will target such methods from next year. The European Commission in 2020 charged Amazon with using its size, power and data to push its own products and gain an unfair advantage over rival merchants that also use its platform. It will treat sellers equally when ranking their offers for the "buy box" on its website that generates the bulk of its sales, confirming a Reuters story.