Inflation: From the Financial Times: US Federal Reserve chair Jay Powell has warned inflation “remains too high”, raising the prospect of further interest rate rises in a hawkish speech.

From the New York Times: Inflation and Consumers Show Staying Power as Fed Eyes Another Rate Move. Overall inflation climbed to 3.3 percent, from 3 percent previously, underscoring the Fed’s long road back to 2 percent price increases.

Investment scams on social media By Cora Lewis

Social media is full of scammers promising guaranteed returns on investment, and consumers lost billions of dollars to them last year.

Troy Gochenour of Columbus, Ohio, was conned out of $25,800, including $15,800 in borrowed money, in a crypto-mining scam that began with a WhatsApp message from a beautiful stranger.

“I had just moved home to restart my life ... and I was lonely,” said Gochenour, 50. “So I started online dating. Then I got a WhatsApp message that began, ‘Sorry to bother you.’ ”

COVID: From the LA Times: COVID is ‘heating up all around.’ Are masks needed? By Rong-Gong Lin II. The uptick in coronavirus transmission this summer has not brought major alarm from health experts. But it is raising questions about whether the risks are high enough to go back to safety measures that many have abandoned.

But swearing off masks for good — even when sitting on a plane next to someone who is coughing or sneezing — would unnecessarily put people at higher risk for illness.

California Senate Bill 1383 requires all commercial enterprises to compost organic waste. Compliance is simple and easy.

Find out the details:

The Pasadena Chamber invited our member Athens Services and the City of Pasadena Solid Waste Division to provide information via a ZOOM presentation on the new California requirements for organic composting by commercial enterprises.