Tag Archives: Holiday Season

Jeff Bezos Warns Of Recession, Advises People Not To Buy TV, Fridge This Holiday Season

“Economy does not look good right now,” Jeff Bezos stated. (File)

Amazon founder and billionaire Jeff Bezos recently warned consumers and businesses that they should consider postponing large purchases during the holiday season as an economic recession might be in the offing. 

Speaking to CNN, the business tycoon advised consumers to keep their cash safe and avoid unnecessary spending in the coming months. He recommended that American families avoid the purchase of big-ticket items such as new cars and TVs as the United States is staring at a recession. 

“Take some risk off the table,” Mr Bezos advised people, adding, “Keep some dry powder on hand…. Just a little bit of risk reduction could make the difference for that small business, if we do get into even more serious economic problems. You’ve got to play the probabilities a little bit.” 

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He further said, “If you’re an individual considering to purchase a big-screen TV, you might want to wait, hold onto your money, and see what transpires. The same is true with a new automobile, refrigerator, or whatever else. Just remove some risk from the equation.” 

Mr Bezos also went on to state that the “economy does not look good right now”. “Things are slowing down. You’re seeing layoffs in many many sectors of the economy,” he told the outlet. 

Separately, in the same interview, the Amazon founder said that he will donate the majority of his $124 billion net worth to charities in order to combat climate change and to support people who can unify humanity amid growing social and political divisions. Mr Bezos did not specify how much of his wealth he is planning to give away. However, when asked if he will be donating a major portion of his wealth to charity during his lifetime, he replied, “Yeah, I do”.

Jeff Bezos is currently the executive president of Amazon, having stepped down from his previous role of CEO (Chief executive officer) last year. 

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CDC Releases Updated COVID-19 Guidelines For 2021 Holiday Season – NBC Chicago

What to Know

  • The CDC says this year it fully expects Americans to travel and gather after being apart for the 2020 holidays.
  • In new guidance, the CDC urged people to get vaccinated before the holiday parties and travel begin.
  • The agency also offered safety tips, including driving close to home with few stops and selecting flights with as few connections as possible.

After some confusion earlier this month, the Centers for Disease Control and Prevention has released updated guidance around gathering and traveling for the holiday season.

On Friday, the CDC released the updated guidance, saying the best way to safely observe the holiday season is being vaccinated against COVID-19.

A representative from the agency said in an email Friday they “fully expect that families and friends will gather for the holidays this year.”

In the updated guidance, the CDC encourages getting vaccinated to protect those not yet eligible for vaccination, as well as wearing masks in public indoor settings.

Generally, according to CDC guidance, those who are vaccinated do not need to wear a mask outdoors unless in areas with a high number of COVID-19 cases. In that case, individuals should wear masks outdoors when in crowded settings or when coming in close contact with those who are not fully vaccinated. 

The Centers for Disease Control and Prevention update their mask guidelines on Tuesday, July 27, in light of surges of hyper-contagious delta variant. The CDC now recommends both unvaccinated and vaccinated Americans wear masks indoors in public settings.

If you are looking to travel this holiday season, the CDC encourages waiting until you are fully vaccinated to do so. 

Advice For Getting to Your Destination

Mode of transportation is also a factor in protection against the virus. The CDC says the best way to travel is taking short road trips with members of your household or fully vaccinated people with few stops along the way. If flying, try to take flights with the fewest stops or layovers.

Wearing a mask over your nose and mouth is required on public transportation traveling into, within, or out of the United States, regardless of vaccination status.

Tips on Choosing Where to Stay

When considering travel accommodations, staying in a house or cabin with people from your household or fully vaccinated people is the safest option. Additionally, opt for takeout and avoid eating inside poorly ventilated restaurants where social distancing is not possible.

The holidays are typically the busiest time of year for travel, but amid the threat of COVID-19, health experts are hoping more people stay closer to home this year. Andrew Noymer, a public health expert and professor at the University of California, Irvine, joined LX News to discuss the health risks of holiday travel and safety tips for visiting relatives this year.

What to Do If You’re Not Yet Vaccinated

For those who are not vaccinated or are not eligible for vaccination, the agency has outlined continued safe travel practices:

  • Mask
  • Avoid crowds
  • Maintain a six-foot distance from others
  • Wash hands or using hand sanitizer regularly

Last November, the Transportation Security Administration reported more than 1.6 million people screened at airport checkpoints in one day during Thanksgiving travel. It was the highest number of people screened since March 12 of that year.  

A Pew Research Center study conducted last year found that 57% of Americans adjusted their Thanksgiving plans due to COVID-19. 

On Oct. 1, it appeared the CDC had released new guidance for gathering this holiday season as the COVID-19 delta variant continues to spread nationwide. The agency recommended virtual and distanced celebrations with those who live outside your household, but in the event of indoor gatherings, said to open windows and doors as well as utilizing a window fan for circulation.

Then 72 hours later, on Oct. 4, the CDC removed the guidance from their website.

In an email to NBC, a CDC representative said at the time that their website “had a technical update on (Oct. 1), but doesn’t reflect the CDC’s guidance ahead of this upcoming holiday season.”

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