02/08/2023 | by John Barwick REITs posted their strongest returns since January 2019 and outperformed broader markets, as the FTSE Nareit All Equity REITs index rose 10.1% and the FTSE Nareit Equity REITs index gained 10.7%. Broader markets rose as well, as the Dow Jones U.S. Total Stock Market and Russell 1000 gained 7.0% and […]
The consumer roared back last month with a 3% increase in retail spending that was the largest monthly gain in nearly two years, adding to evidence that U.S. economic growth picked up at the start of the year. The seasonally adjusted jump in U.S. retail sales in January from December, which the Commerce Department reported on Wednesday, […]
By Hannah Green – Inno Reporter January 26, 2023, 10:12am EST China has a tight grip on the rare earth elements supply chain. The country was responsible for 80% of rare earth imports in 2019, per the U.S. Geological Survey, and works in mining, processing and refining these materials into metals that are used in products like electric […]
Jan 28, 2023 Fed Set to Shrink Rate Hikes Again as Inflation Slows Kate Davidson and Craig Stirling, Bloomberg News Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday, July 27, 2022. Powell said while some commodity […]
By Drake Bennett January 27, 2023 at 7:00 AM EST A fixation with ChatGPT emerged just as educators were grappling with more urgent questions. But first… Decent grades When professors at the University of Minnesota Law School asked ChatGPT to take several of their exams, the chatbot earned on average a C+. ChatGPT is apparently better-suited to business school, earning a […]
By Matt Grossman Updated Jan. 23, 2023 5:25 pm ET Behind this year’s improved start for markets lies a broad wager that inflation will soon post a once-in-a-generation decline. Market-based gauges of inflation expectations project the annual pace of rising prices will tumble in the months ahead roughly as fast as during the recession that followed […]
By Andy Medici – Senior Reporter, The Playbook, Jan 23, 2023 Updated Jan 23, 2023, 2:49pm EST Small-business owners are going to see big changes to their 401(k) and worker retirement packages — but there will be some tax credits too. The SECURE 2.0 Act saw many of its provisions folded into the government funding legislation passed in late 2022. The […]
By Rowan Walrath – Life Sciences Reporter, Boston Business Journal Jan 23, 2023 Moderna Inc. is hiring another 2,000 employees this year, a move that would massively grow its headcount — and most of them will be in Massachusetts. The Cambridge-based company (Nasdaq: MRNA) currently employs around 4,000 people globally, CEO Stephane Bancel told investors at the J.P. Morgan Healthcare […]
By Catherine Carlock and Emma Platoff Globe Staff,Updated January 18, 2023, 1:18 p.m In a bid to bring rent control back to Boston for the first time in three decades, Mayor Michelle Wu is readying a proposal that would limit allowable rent increases to 10 percent per year. The plan, which was floated Tuesday to an […]
FEATURED FACULTY Martine Haas AUTHOR Angie Basiouny Hybrid work is here to stay. That’s the prediction from Wharton management professor Martine Haas, who was asked to share what she thinks will be the biggest workplace trend of 2023. Although the mix of remote and in-person work can be challenging, she said, hybrid has emerged as […]
