By Marq Burnett As the hybrid era ramped up after the pandemic, experts warned that proximity bias would be difficult to avoid. Now that employers are in the midst of their hybrid models — and some are even moving past them — new data suggests fears about proximity bias, or the tendency to gravitate toward employees who are physically […]
By JLL Currently, Boston is an ideal destination for those looking to thrive in the artificial intelligence (AI) landscape as well as explore cutting-edge technology. From attracting impressive venture funding and housing renowned AI companies to fostering a supportive tough tech ecosystem, Boston showcases a combination of factors that solidify its position as a leading global […]
by Justice Malala In 1994 south Africa provided some of the most joyous scenes of the late 20th century, when it elected Nelson Mandela as its first black president. The more or less peaceful transition from apartheid to multiracial democracy demonstrated what can happen when political enemies show courage and imagination. Yet as our Briefing this […]
By Augusta Saraiva US employers scaled back hiring in April and the unemployment rate unexpectedly rose, suggesting some cooling is underway in the labor market after a strong start to the year. Nonfarm payrolls advanced 175,000 last month, the smallest gain in six months, a Bureau of Labor Statistics report showed Friday. A later release showed that business activity […]
By Emily Spatz Construction has commenced on a residential building in Kendall Square that is set to become the tallest building in Cambridge, investors announced last week. The building will rise at 121 Broadway and stand over 450 feet tall, according to architects on the project. Boston Properties (BXP), a real estate investment trust, announced that construction […]
By Grant Welker A planned food market in East Cambridge amid a series of major new developments has its first tenant, and it’s a restaurant from a well-known restaurateur in the neighborhood. Chef Will Gilson will open AMBA this summer, a Mediterranean-inspired café that’ll be part of the new First Street Market just a few blocks from other […]
By Owners Developers & Managers Somerville, MA According to Rafi Properties, owner and operator of Somernova, the 7.4-acre innovation campus and community dedicated to helping people and companies iterate and grow faster, Somerville Media Center (SMC) will expand their footprint at the campus and open a new media center designed to spark creativity and amplify community […]
By Isabelle Lee Good morning. Powell signals a delay to rate cuts. China tries to settle nerves about its new stock exchange rules. And the US considers more sanctions against Iran. Here’s what’s moving markets. — Isabelle Lee Staying high Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely take longer for the central […]
By Jessica Flint Gabrielle Sloan, 30, and her husband, Brandon Sloan, 30, never thought they’d live on a golf course. Gabrielle doesn’t even play golf—yet, at least. But in January 2020, the Sloans spent $660,000 to buy a three-bedroom, roughly 1,960-square-foot ranch house on approximately 0.25 acres that backs up to the course at Tequesta Country […]
By Lydia DePillis If the economy is slowing down, nobody told the labor market. Employers added 275,000 jobs in February, the Labor Department reported Friday, in another month that exceeded expectations. It was the third straight month of gains above 200,000, and the 38th consecutive month of growth — fresh evidence that after surging back […]
