by Lindsay Dunsmuir and Ann Saphir / via reuters.com Federal Reserve officials are helping shape market expectations for sharper interest-rate hikes to curb the surge in inflation, but have not managed to dispel fears the tightening cycle could blow a hole in the economy and labor market. “The Fed needs to move aggressively to keep […]
by Taylor Dolven / via The Boston Globe It was 2004. Around 300 people filled a State House auditorium fired up and furious about the stalled Green Line Extension project to Somerville and Medford. It had been promised since 1990 and no shovels had yet hit the ground. Then-Mayor Joseph Curtatone of Somerville demanded the state […]
by Ben Knight / via UNSW Sydney Newsroom The next generation of supercooling materials can help keep cities cooler in summer and warmer in winter. A team from UNSW Sydney has developed new intelligent building materials that can help keep the temperature in check throughout the seasons. The innovative design adjusts the optical properties used in conventional heat […]
via Startup Info Densely populated cities are facing a plethora of tough challenges as their populations continue to rise. As more people migrate to urban locations the available resources, space, and medical coverage become more limited. Luckily, there are modern solutions that government organizations can use to overcome these growing obstacles. The idea of “Smart […]
by Nate Doughty / via The Business Journals Carnegie Mellon University’s free picoCTF competition, which claims to be the largest high school cybersecurity hacking event in the country, officially kicked off on Tuesday. And while its signature and capture-the-flag-like event will see tens of thousands of students across the nation compete for thousands of dollars worth of […]
by Jeanna Smialek / via The New York Times The Federal Reserve lifted its key interest rate by a quarter of a percentage point on Wednesday as policymakers took their first decisive step toward trying to tame rapid inflation by cooling the economy. The Fed had kept rates near zero since March 2020, and the decision marked […]
by Gary Higgins | via Boston Business Journal Rent will increase at 1.75% for the first 10 years and at between 1.75% and 2.50% over the remainder of the lease. Wynn said it will retain its 13-acre developable land portfolio on the east side of Broadway in Everett, where it plans to build an expansion […]
by Grant Welker | via Boston Business Journal Two veteran restaurateurs in the North End, Frank DePasquale and Nick Varano, are joining for a second eatery at Encore Boston Harbor. The Varano Group owns and operates Strega North End, Rina’s and Nico. DePasquale Ventures owns and operates Bricco Ristorante, Mare Oyster Bar, AquaPazza, Quattro, Assaggio, […]
by Ben Unglesbee | via Retail Dive For supply chains, the pandemic has brought unprecedented levels of disruption. The specific confluence of events was beyond anybody’s ability to foresee. But, at least in a general sense, everyone should have expected something like the year that just passed to happen. Risks of severe stress and even failure are […]
via Retail Dive Just a few weeks into 2022, the retail industry has already seen signs for what the year ahead could bring — some good and some bad. President Biden’s vaccine mandate for large employers was struck down by the Supreme Court in mid-January, but that doesn’t mean retailers are done dealing with vaccine regulations. […]
