Update on labor talks
The contract between Harvard University and its largest union, the Harvard Union of Clerical and Technical Workers (HUCTW), expired on June 30. While work on a contract has continued, the talks have...
View ArticleTweaking the universe
Scientists with the European Space Agency’s Planck satellite program released findings last week that refined our understanding of the universe, showing it to be a little older, containing a bit more...
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Update on labor talks
The contract between Harvard University and its largest union, the Harvard Union of Clerical and Technical Workers (HUCTW), expired on June 30. While work on a contract has continued, the talks have...
View ArticleClik here to view.
Tweaking the universe
Scientists with the European Space Agency’s Planck satellite program released findings last week that refined our understanding of the universe, showing it to be a little older, containing a bit more...
View ArticleClik here to view.
James Lawrence Medoff
James Medoff, Meyer Kestnbaum Professor of Labor and Industry, was a farsighted labor economist who spent his entire career at Harvard. His scholarly contributions expanded the vision of his field. He...
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Harvard study proposes new way to probe universe before the Big Bang
Most everybody is familiar with the Big Bang — the notion that an impossibly hot, dense universe exploded into the one we know today. But what do we know about what came before? In the quest to resolve...
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Surge in consumer prices is temporary, business professor says
If you’ve tried to buy just about anything from groceries to airline tickets lately, it’s no surprise that prices are on the rise. But many analysts were taken aback when the Bureau of Labor Statistics...
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How consumer perceptions can affect the economy
Many economists forecast that the U.S. economy is poised to recover, albeit somewhat unevenly, from the historic disruptions caused by the pandemic. But the latest Consumer Price Index (CPI) report out...
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Jeffrey Frankel offers Biden advice on inflation
Many Americans were shocked by last month’s 6.2 percent leap in the consumer price index over last year’s figure, despite economists warnings for months that rising inflation was a normal and temporary...
View ArticleWill Omicron damage the economy?
As scientists learn more about the transmissibility and virulence of the Omicron coronavirus variant, many business and political leaders are already bracing for the worst and have begun implementing...
View ArticleLarry Summers on inflation, the Fed, the year ahead
Inflation has taken over dinner-table conversations around the nation after hitting highs not seen in four decades. Former U.S. Treasury Secretary Lawrence H. Summers, Harvard’s Charles W. Eliot...
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How invasion may hit U.S., global economies
Russia’s invasion of Ukraine has sparked a global political crisis, with a humanitarian one expected to follow as civilian and military casualties mount and Ukrainians fleeing the violence create a...
View ArticleHarvard economist weighs in on new inflation data
Inflation continued to soar in February, with a key measure hitting a 40-year high, according to federal data released Thursday. Driven by higher energy costs, gasoline in particular, the Consumer...
View ArticleChris Christie takes shots at Trump, Biden
Former Gov. Chris Christie, a N.J. Republican, criticized former President Donald Trump over the Jan. 6 Capitol attack and false election claims and suggested his dimming presence might aid future GOP...
View ArticleWhy is inflation at four-decade high?
Prices of just about everything have been rising over the past year. In fact inflation picked up speed in March as consumer prices rocketed 8.5 percent over the same period in 2021, the fastest pace...
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Things may look shaky, but recession isn’t certainty
It feels to many as if the economy is all over the place. The stock market is sliding, and new Labor Department figures this week show soaring inflation slowed last month to an 8.3 percent rate while...
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Is recession inevitable? Economist says plenty of tools remain
With gas prices averaging near $5 a gallon and inflation holding steady at 8 percent, the Federal Reserve raised its benchmark interest rate by 0.75 percent last week in an aggressive bid to reduce...
View ArticleLarry Summers details how Senate plan will reduce inflation
Supporters of the plan passed by the Senate over the weekend cheered the benefits they hoped it would bring in climate change and health care. But final passage was achieved only after negotiations...
View ArticleFed needs to get tough on rates now, Summers says
It’s time for the Federal Reserve to take an honest appraisal of the economy and start raising interest rates more aggressively to bring soaring inflation under control and perhaps soften the effects...
View ArticleJason Furman on slowing inflation, outlook for 2023
For a second month inflation slowed more than expected, according to new report from the U.S. Department of Labor. The 0.1 percent increase in the Consumer Price Index for November brought huzzahs from...
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