Apple Pays, GDP Strays

The World Economic Forum has kicked off in Davos, and today the Dow is down some 300 points.

IMF Chair Christine Lagarde cut the global growth forecast for 2019 from 3.7 to 3.5 percent, saying the move was “due to the high level of economic risks that are accelerating around the globe.”

She cited the U.S.-China trade war, Brexit, and China’s slowing economy as factors in the down estimate.

But there are companies out there doing their part to ensure that everybody gets paid. 

For instance, Apple announced that 74 of the top 100 U.S. merchants now accept Apple Pay, including Target and Taco Bell. 

Finally, a reason to really use my Apple Watch for something besides a timer for Trader Joe heat ups!

And speaking of fast food, sorry, but Traders Joe may be the order of the day, as Munchery has announced it is going to end operations effective immediately and will refund any outstanding orders.

Munchery had raised some $125.4 million in venture capital and, according to a story in the San Francisco Chronicle, its kitchens had reportedly produced many more orders than they sold.

A recipe for ______.