TOPICS AND TIMESTAMPS:

The Next Recession 0:00

Layoffs 0:18

Central Banks Did This 5:20

Ray Dalio 9:18

More Companies Start to Rescind Job Offers - WSJ

https://www.wsj.com/articles/more-companies-start-to-rescind-job-offers-11655865283

Tech firms cut staff amid recession fears | The Hill

https://thehill.com/policy/3532037-tech-firms-cut-staff-amid-recession-fears/

JP Morgan reportedly laying off hundreds in mortgage business

https://nypost.com/2022/06/22/jp-morgan-reportedly-laying-off-hundreds-in-mortgage-business/

High Gas Prices Hit Demand as Drivers Cut Back at the Pump - WSJ

https://www.wsj.com/articles/high-gas-prices-hit-demand-as-drivers-cut-back-at-the-pump-11655890381

Fed's Powell Sees Ongoing Interest Rate Hikes Needed to Tame Hot Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-22/powell-sees-ongoing-rate-hikes-needed-to-tame-hot-inflation?srnd=premium-canada

Los Angeles may ban new gas stations to help combat climate emergency | Los Angeles | The Guardian

https://www.theguardian.com/us-news/2022/jun/22/los-angeles-ban-new-gas-stations-climate

Monthly payments on variable-rate mortgages could increase as borrowers near their ‘trigger rate’ - The Globe and Mail

https://www.theglobeandmail.com/business/article-variable-rate-mortgage-trigger-rate-increase-monthly-payment/?utm_source=Twitter&utm_medium=twitter_moment&utm_campaign=variable_rates&utm_id=variable_rates

Canadian Inflation Rate Surges to 7.7%, Fastest Pace Since 1983 - Bloomberg