Daily Dozen | Forbes: ‘Bumpy Times Ahead’; State Government TikTok Bans; Fanatics’ $31B Valuation

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Daily Dozen | Forbes: ‘Bumpy Times Ahead’; State Government TikTok Bans; Fanatics’ $31B Valuation
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India and China could eclipse the U.S. economically by 2075; JPMorgan CEO Jamie Dimon says consumer spending will likely deteriorate; New York City is clamping down on unlicensed dispensaries and pot shops; and more.

declaring TikTok as “nefarious Chinese Communist Party spyware that surveils Americans citizens” and called for, following suit of recent orders banning the social media platform in state government in both Maryland and South Dakota.a $49.9 million, 24-month contract with the U.S. Defense Department

to help craft software for an offroad robotic vehicle the Army wants to use for future combat applications. for the autonomous vehicle space, which has experienced turmoil recently, and also provides Kodiak with much-needed revenue as it doesn’t anticipate its robotic trucks to be a commercial business until 2025.consumer spending will likely waneand fuel a recession in 2023.did not increase in November for the first time in over a year, a new poll shows, as prices—including the cost of gas—tumble heading into the holidays.

The U.S., which currently has the largest economy in the world with $23 trillion in 2021 GDP, will bein a wide-sweeping outlook for the global economy. Other forecasts include further upheaval among traditional economic powerhouses, like Indonesia and Nigeria becoming two of the five largest economies within that same timeframe despite not ranking in the top 15 today.

flowered around the Big Apple. Now Mayor Eric Adams says the partying is over as the metropolis starts weeding out its vast cannabis

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