Checking in on New England’s fishing industry 25 Years after ‘The Perfect Storm’ hit movie theaters
Filming 'The Perfect Storm' in Gloucester Harbor, Mass.
National/regional news and analysis
Why power skills – formerly known as ‘soft skills’ – are the key to business success
What does it take to lead through complexity, make tough decisions and still put people first? For me, the answer became clear during a defining moment early in my career – one that changed my path entirely.
Today I am a business-school educator, but I began my career in the corporate world. I faced a challenge so intense that it motivated me to go back to school and earn a Ph.D. so I could help others lead with greater purpose and humanity.
Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market
Paul Newman, the late actor and philanthropist, co-founded Camp Boggy Creek, which children with serious illnesses and their families attend for free. AP Photo/Phelan M. EbenhackU.S.
How the end of carbon capture could spark a new industrial revolution
Steelmaking uses a lot of energy, making it one of the highest greenhouse gas-emitting industries.
No country for old business owners: Economic shifts create a growing challenge for America’s aging entrepreneurs
Americans love small businesses. We dedicate a week each year to applauding them, and spend Small Business Saturday shopping locally. Yet hiding in plain sight is an enormous challenge facing small business owners as they age: retiring with dignity and foresight. The current economic climate is making this even more difficult.
Outsourcing cost of ‘impact’ data could mean 13% more bang for every charitable buck
Trying to measure a charity's impact requires the right tools. MirageC/Moment via Getty ImagesCharitable donors often make gifts despite having little information about the organizations they support. Without relevant data, that money may not flow to the charities that evidence suggests are delivering the biggest bang for donors’ bucks.
Low-income homeowners hit by disasters may get less help from the government, as Trump administration nixes rules on fairness, community input and resilience
Hurricane Helene caused extensive damage to homes in North Carolina in 2024. AP Photo/Kathy KmonicekImagine that a hurricane has destroyed your home.
The roof is gone. The floors are flooded. Your family’s belongings are ruined.
Brazil now forecast to see double-digit inflation
Headline inflation has increased markedly across both advanced and emerging market (EM) economies this year ending up much higher than we forecast six months ago. Consumer price inflation is expected to remain elevated until at least the second quarter of 2022 as ongoing supply chain disruptions, higher energy prices, and stronger-than-expected demand in countries such as the US provide additional impetus to already buoyant goods prices. Nowhere is this clearer than in Brazil, where annual inflation rose to 10.67 per cent in October, the highest rate since January 2016.
Worrying about the US inflation outlook
In October 2021, the US 12-month CPI inflation rate reached its highest level in the US since 1990, 6.2 per cent year-on-year. Pent-up demand and higher energy prices have been a major factor in the increase but supply chain shortages and increases in other commodity prices also explain more recent increases (see Sanchez Juanino, Macchiarelli and Naisbitt, 2021).
What next after the largest month on month rise in the CPI since April 1993
CPI Inflation rose to 4.2% from the previous months 3.1%, slightly higher than we had expected. The anticipated twin effects of the increase in the OFGEM price cap and an increase in the VAT rate on hospitality (partially reversing the July 2020 reduction) both impacted the figure as did surging petrol and diesel prices. Since there was a base effect of 0% dropping out from September 2020, all the change in headline inflation in October arises from the new inflation in the month September to October 2021 which represents the largest month on month increase since April 1993.
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