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 […]
he U.S. housing market last year bore the brunt of higher mortgage rates that rode spiraling inflation in the broader economy, but that will change this year, according to Susan Wachter, Wharton professor of real estate and finance. “The Fed is using the housing market as a fulcrum to slow overall activity and get the inflation […]
In early 2020, Steven Paynter saw an opportunity. The principal at international architecture firm Gensler had spent a lot of time thinking about resiliency in architecture, focusing on making larger buildings out of wood rather than concrete and steel. But the pandemic, and the glut of empty office space it brought with it, presented a new opportunity […]
Consumer prices in the United States rose at an annualized rate of 7.7 percent in October, the ninth straight month above seven percent, thanks to still surging demand and stumbling supply. All eyes are fixed on the U.S. Federal Reserve to cool demand by hiking interest rates. But monetary policy has always worked with long and […]
United Airlines is pushing a big pile of chips into the middle of the table on its bet that there will be a full recovery of international travel—by Americans—in 2023. Unfortunately for the US hotel and hospitality industry, the surge in Americans traveling to Europe may be a one-way street in terms of tourism, as […]
Rent control advocates in Boston are once again pushing for new rent control laws. Of course they are. Apartment rents rose 17 percent in Boston over the last year, on average, including concessions. There’s no relief in the short term either. Market observers predict rents are likely to keep rising sharply through the rest of the […]
When the U.S. Food and Drug Administration approved the first gene therapy for hemophilia B on Tuesday, it was a win not only for CSL Behring, which owns the rights to the drug, but for Lexington’s UniQure NV. UniQure (Nasdaq: QURE) originally developed the drug, now called Hemgenix, and licensed it to CSL back in 2021. […]
While there is no single answer, one strategy to reduce the racial wealth gap is to motivate more Black people to found technology companies in targeted market sectors. Jeff Bussgang, a partner at Flybridge Capital Partners and professor at Harvard Business School, stresses the importance of innovation waves — emerging industries that tend to attract […]
A clear number for how many people Twitter is laying off in Boston is finally emerging, after a week of speculation following Elon Musk‘s $44 billion takeover of the company, thanks to an official state document obtained by the Business Journal. The social media giant told state officials on Friday that it will be conducting a […]
A recession warning tracked by Wall Street is growing louder, as another measure of the widely watched “yield curve” signals that the United States is headed toward an economic slump. The yield curve is a way of comparing interest rates, also known as yields, on different maturities of government bonds, from a few months to […]
