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Yellen Sees Solid Growth, Possible ‘Soft Landing’ for U.S. Economy

Yellen Sees Solid Growth, Possible ‘Soft Landing’ for U.S. Economy

By Christopher Condon via Bloomberg News (Bloomberg) -- Treasury Secretary Janet Yellen said she expects solid growth in the coming year, with a possible “soft landing” for the economy as the Federal Reserve moves to bring down inflation. “I do believe we’re going to...

The End of Zero: Prepare for a World With Higher Rates

The End of Zero: Prepare for a World With Higher Rates

Inflation and tight job markets are forcing the hands of central banks to end an era of ultra-low interest rates. The results will be profound. by Justin Lahart / via The Wall Street Journal Warren Buffett has compared interest rates to gravity. That is an especially...

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Immigration and America’s Aging ‘Time Bomb’

Immigration and America’s Aging ‘Time Bomb’

New research from the Penn Wharton Budget Model finds that increasing legal immigration in the U.S. leads to long-term fiscal benefits, while policies that legalize unauthorized immigrants increase government debt. Anew research model from the Penn Wharton Budget...

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Focus Turns to Rebuilding Main Streets

Focus Turns to Rebuilding Main Streets

Wu Puts ARPA Funding toward Rent Rebates By Steve Adams / via Banker & Tradesman Staff Side effects of COVID on Boston’s neighborhood business districts included rising turnover and shuttered landmarks, resulting in some of the highest retail vacancies in the...

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5 biotech startups selected for new MassBio accelerator

5 biotech startups selected for new MassBio accelerator

by Lucia Maffei / via The Business Journals Two biotech startups from the Bay State, two from Canada and one from California will take part in MassBio's first installment of its accelerator program MassBioDrive, culminating in an in-person Demo Day and cash stipends...

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Massachusetts Leads Global Life Sciences Industry

Massachusetts Leads Global Life Sciences Industry

via Boston Real Estate Times CAMBRIDGE, MA–The Life Sciences industry is growing rapidly all over the world, especially since the COVID-19 Pandemic started. The state of Massachusetts has been leading the way for the past decade, throughout not only the country, but...

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Biden Signs Order on Cryptocurrency as Its Use Explodes

Biden Signs Order on Cryptocurrency as Its Use Explodes

by Fatima Hussein / via Bankers & Tradesman President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency....

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Housing Expands Redevelopment Plans at WBZ Property

Housing Expands Redevelopment Plans at WBZ Property

by Steve Adams / via Banker & Tradesman Responding to requests from local elected officials, developers are adding 85 housing units to a proposed redevelopment of WBZ-TV’s Allston studios. The changes expand the proposed 1170-1190 Soldiers Field Road development...

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