ARLINGTON, Wash. (AP) — Eviation Aircraft, an Arlington company that has built a fully electric commuter airplane, got a boost this week when one of the nation’s largest commuter airlines, Cape Air, signed a letter of intent to buy 75 of the Eviation Alice model. The nine-passenger airplane, which produces no carbon emissions, is expected […]
Employers across the country are worried that workers are getting less done — and there’s evidence they’re right to be spooked. In the first half of 2022, productivity — the measure of how much output in goods and services an employee can produce in an hour — plunged by the sharpest rate on record going back to […]
In an inflationary environment, many investors flounder as pulling the trigger on investments of any kind can feel like higher stakes. The questions are endless. With rising interest rates, falling returns and concerns about recession, where are our dollars best placed to serve our long-term financial goals? Will I need to keep this cash more liquid in […]
Cheap debt fueled a decadelong boom in U.S. office values, offsetting the impact of years of rent increases that didn’t keep pace with inflation. Now that the long period of easy credit is over, office-building owners are bracing to see how much less their properties are actually worth. The prices of some aging office towers […]
Some were booming before the Covid-19 pandemic hit. Others shot up in popularity arguably because of the pandemic. A few have been slow-but-steady-growth markets for some time. The national housing market slowdown has been one of the headlining stories of 2022, after a spike in mortgage rates in the spring turned the heat off what […]
As the world’s climate continues to heat up, the global demand for air conditioning is now skyrocketing. In 2019, the need for cooling drew in 8.5% of the world’s total electricity consumption, equating to some 1 billion tons of CO2 emissions. As more air conditioning units draw ever more power each year, we now appear trapped […]
Massachusetts chain stores may be allowed to have 18 beer and wine licenses by 2031, which would double the current threshold should a ballot referendum succeed at the polls this November. Advancing Ballot Question 3 would gradually raise the alcohol license threshold for retailers, initially to 12 licenses in 2023 and to 15 licenses in […]
You’ve probably seen it on lots of apps and websites: buttons urging you to sign in with your Google or Facebook account. Sometimes it’s to let you share files, photos or emails. Other times it’s to use Google or Facebook as a quick way to log in somewhere new. My rule of thumb is to […]
U.S. consumer inflation excluding energy and food accelerated to a new four-decade high in September, a sign that strong and broad price pressures are persisting. The Labor Department on Thursday said that its so-called core consumer-price index—which excludes volatile energy and food prices—rose 6.6% in September from a year earlier, the biggest increase since August 1982. […]
(Bloomberg) — Federal Reserve Bank of Atlanta President Raphael Bostic said he favors lifting interest rates to between 4% and 4.5% by the end of this year, and then keeping the tightening in place to reduce inflation that remains near a four-decade high. “I would like to reach a point where policy is moderately restrictive […]
