In the News

2022

  • Latin Trade – December 28, 2022
    In an op-ed, Jerry Haar, professor of international business, noted that while Guyana is in an exceptionally strong position economically, structural features of its economy present a mixed picture. Guyana’s path to prosperity will be impacted heavily by its human capital. The onus is on the government to create an economic, business, public safety and overall quality of life environment that will entice overseas Guyanese to return—full-time, part-time, or at least invest in their homeland. Article
     
  • Wall Street Journal – December 27, 2022
    In a story about higher monthly fees from new state regulations on structural inspections and reserve funds, associate teaching professor of real estate Suzanne Hollander explained that associations often opt to waive their reserves year after year. She noted that the new law, which requires restoring reserves for components critical to structural soundness, might create a hardship for residents, especially those on fixed incomes. “This law is throwing a curveball to the retiree,” she added. Article
     
  • Miami Today – December 27, 2022
    A story about the growth of small businesses noted that in 2021 Miami-Dade County had 135,710 applicants for a business tax identification number, an increase of nearly 27% from 107,093 in 2020. International business professor Jerry Haar explained the importance of differentiating those who launched a small business felt they had to start earning a living to survive from those trying to start businesses because they saw market opportunities. Article
     
  • WPTV NBC 5 – December 12, 2022
    In a story looking at "bossware" or "tattleware," when companies track their employees, possibly on work-issued phones or computers, Ravi Gajendran, associate professor of global leadership and management at FIU Business, noted employees will feel like their privacy is being intruded and that the organization doesn’t trust them. Employers should alert employees to any type of tracking. "No wonder, you know, people are quitting in droves,” he said. Watch It
     
  • Refresh Miami – December 8
    A story highlights new grants from the Blackstone Charitable Foundation to establish the Blackstone LaunchPad program at Florida International University, Miami Dade College and Florida Atlantic University. Blackstone LaunchPad at FIU will boost venture coaching for FIU’s student entrepreneurs and create a new FIU student pitch competition linked to LaunchPad’s national pitch competition. Article
     
  • WPLG ABC 10 – December 9, 2022
    A story on Blackstone’s $5 million grant to help students at FIU and Miami Dade College create their own businesses showcased Nicole Huanuco, a senior at FIU, already working on a creative virus-killing idea for public schools that uses UV light. “They showed me that anyone can be an entrepreneur, even if the path that I’m going down has nothing to do with your major,” she said. Watch It
     
  • The National Interest - December 6, 2022
    In an op-ed, Jerry Haar, professor of international business, noted that challenges to entrepreneurship in post-conflict environments are similar yet distinct from those where war, insurrection, and civil strife are ongoing. Negative economic shocks of just 5 percent can increase the risk of civil war by as much as 50 percent in fragile states. These challenges require a quadripartite solution - the effective involvement of government, private enterprise, security institutions and non-governmental organizations. Article
     
  • Wallet Hub – December 5, 2022
    In a story about low-interest credit cards, Bakhtear Talukdar, adjunct professor of finance, explained that credit cards are unsecured and in the event of defaults, issuers do not have any easy-quick option to recoup the money so they charge a higher rate compared to other loans. “If in any year, default rates are higher than that in the previous year, rates on credit would be even higher,” he said. Article
     
  • The Miami Herald – November 22, 2022
    In a story showing that South Florida’s median home prices posted double-digit annual growth in October, despite an increase in interest rates on mortgages and market challenges, Eli Beracha, director of FIU’s Hollo School of Real Estate, explained that the “significant increase in population over the last two years” keeps pushing up prices. He added that balanced real estate market for buyers and sellers consists of five to seven months of housing inventory. Article
     
  • Reality News Report – November 17, 2022
    Cities in Texas, Washington, Tennessee and North Carolina are the nation’s most renter-friendly communities, according to the Beracha, Hardin and Johnson Price-to-Rent Report. Eli Beracha, director of FIU’s Hollo School of Real Estate, explained that prospective buyers in could build long-term wealth as fast or faster by renting a similar property and investing the money. “We are not building homes for ownership at a fast-enough pace to keep up with the demand for ownership over renting,” he said. Article
     
  • Wallet Hub - November 14, 2022
    In a story about 0% APR credit cards, finance teaching professor Deanne Butchey, explained that these cards should be used only for essentials, not splurge on luxuries. One should set aside the amount in an interest-bearing account to be repaid once the teaser period expires. “If they cannot repay it after the teaser period expires, [banks] can earn exorbitant interest income,” she said. Article
     
  • “Business Minute with Lily Lopez” - November 14, 2022
    William Hardin, dean, FIU Business, discussed the growth of its student body, graduate and undergraduate programs, and its role as an international gateway, a key component of the business landscape of Miami and South Florida. “Anything that has to do with the global context, we live it every day,” he said. Watch It
     
  • WUSF News – November 7, 2022
    In a story examining the challenges of putting rent control measures in place in Florida Suzanne Hollander, associate teach professor of real estate, explained that if municipalities can find ways to incentives or to partner with developers to help reduce their costs to build housing that will increase housing supply. “And I think that's what [tenants] are saying: The problem is very acute now and we need help now,” she said. Listen In
     
  • USA Today – November 5, 2022
    In a story that looked at homeowner’s insurance in Florida, finance professor Shahid Hamid, noted that a post-Ian analysis of the state's insurance industry indicates the system has enough resources to endure Ian, particularly if legislators solve the fraud and litigation problem. Hamid said he believes the allure of Florida will continue to attract buyers who can engineer homes to better withstand winds and rising seas. Article
     
  • Univision 23 – November 4, 2022
    La Reserva Federal incrementó por sexta vez este año las tasas de interés. Sin embargo, la medida repercute a los consumidores, por lo que es necesario tener cautela a la hora de hacer gastos. Manuel Lasaga, profesor de FIU, afirma que sería prudente esperar si estás pensando comprar vivienda o un vehículo. “…eso va a impulsar el costo de la vida para muchas personas porque tienen que pagar mas para financiarse,” dijo. Watch It
     
  • November 1, 2022 – Palm Beach Post
    In an article about the month-long gas tax holiday in Florida, finance teaching professor Deanne Butchey noted that these aren’t as beneficial as others, like sales tax holidays, when big-ticket qualifying items such as computers or generators can return more pronounced savings. “One does not usually fill up one’s tank multiple times over a short period of time. So, the financial impact on the consumer is negligible, even though it may be a good ploy politically,” she said. Article
     
  • The Hill – October 27, 2022
    In an op-ed, Jerry Haar, professor of international business, noted that words can be no less lethal than weaponized drones. Everything today is black or white, he wrote, adding that shades of gray and the middle ground are on a long-term vacation. Three very timely examples where words matter are immigration, trade and wokeness, he noted. “To many these are like waving a red flag in front of a bull,” he said. Article
     
  • NBC 6 –October 21, 2022
    Flavio Carrillo, associate teaching professor of finance was quoted in a segment the Inflation Reduction Act, which offers savings for making homes more energy efficient and buying an electric car. "The act represents the largest federal investment to fight climate change in U.S. history," said Carrillo. Watch It
     
  • The Wall Street Journal - October 18, 2022
    A story about investors and other buyers seeking housing deals in the areas of southwestern Florida devastated by Hurricane Ian cited a housing report from FIU Business and Florida Atlantic University. The article noted that the study indicates that the Cape Coral-Fort Myers metropolitan area was the nation’s most overvalued housing market in August, with buyers paying an average of 70% over the area’s long-term pricing trend. Article
     
  • WalletHub - October 14, 2022
    In a story about finding the best personal loans, David Barman, associate teaching professor of accounting, suggested applicants should get information before applying. “If you do venture into consumer loans, get educated and get advice from a reliable source,” he said. Article
     
  • The Conversation – October 5, 2022
    In the story The big reason Florida insurance companies are failing isn’t just hurricane risk – it’s fraud and lawsuits, finance professor Shahid Hamid, director of the Laboratory for Insurance, Financial & Economic Research, wrote that the biggest single reason is the “assignment of benefits” problem, involving contractors after a storm. It’s partly fraud and partly taking advantage of loose regulation and court decisions that have affected insurance companies. “We’ve seen about a dozen companies be declared insolvent or leave since early 2020,” he said. Article
     
  • Realty News Report – October 4, 2022
    Research from the BH&J National Price-to-Rent Ratios monthly report indicated that despite increasing prices, renting is a better option than purchasing real estate in 100 metropolitan areas nationwide analyzed. FIU Business researchers found that although Florida has some of the nation’s most overvalued housing and rental markets, the price-to-rent ratios are fairly low. “It will be the production and delivery of new homes and apartments that will ultimately drive long-term housing affordability in the area,” said William Hardin, dean of FIU Business. Article
     
  • WSVN Miami – September 30, 2022
    7News and Deco Drive anchor Lynn Martinez had the opportunity on Friday to talk to some kick-butt women at the Power Up Women’s Leadership Summit at FIU, organized by the Chaplin School of Hospitality and Tourism Management and FIU business. She gave a talk on “How to Accept Your Body.” Martinez discussed how to attain a positive mindset and how to handle that negative voice in your head. Watch It
     
  • WPLG – ABC 10 – September 30, 2022
    Florida International University hosting its annual women's industry conference today - this year's theme was called Shifting Gears. “When you sit back and you look at the education all the women have gotten over time at FIU and other institutions and the opportunities now available for women to have a career, to become successful, to make choices that literally were not available to anyone 30, 40, maybe 20 years ago,” said William Hardin, dean of FIU Business. Watch It
     
  • The Hill - September 27, 2022
    In an op-ed, Jerry Haar, professor of international business, noted that migrants who are capable of working are an economic asset. Training them and deploying them into the workforce can produce benefits that far exceed their costs. Two facts are non-debatable: (1) We have a worker shortage that will not dissipate any time soon; and (2) There are immigrants and refugees who are willing and capable of performing the jobs many U.S. residents will not. Article
     
  • Scripps News Stations – September 26, 2022
    There's a new issue that's sprouted from remote work, and it has some employees wondering how closely their boss is tracking their work. It's commonly referred to as bossware or tattleware, when companies track their employees, possibly on work-issued phones or computers. "At minimum, the employee will feel their privacy is being intruded but also that the organization doesn't trust them," he said. "No wonder people are quitting in droves." Watch It
     
  • The National Interest - September 7
    In an op-ed, Jerry Haar, professor of international business, noted that in our age of globalization geography is important, but it is no longer destiny; and competitive locales have the opportunity to pursue a dual strategy of economic development: upgrading their existing assets and advantages and developing and sustaining new ones. He noted that Miami is a prime example—a metropolis that is no longer a one-trick pony—tourism—but a thriving center of financial services, technology, real estate, healthcare, and international commerce.
     
  • The Real Deal – September 6, 2022
    In a story about developers purchasing closed university campuses amid a real estate boom, William Hardin, dean of Florida International University’s business school and a real estate expert, explained that many college campuses have become “functionally obsolete.” Over the past year and a half, developers have purchased three campuses in South Florida. “Distance education choices driven by technology … are the norm. Hence, they need to be repurposed,” he said. Article
     
  • WFLA News “Tampa Hoy” – September 1, 2022
    Tres áreas metropolitanas de Florida se encuentran entre las 10 principales por precios inflados debido a las primas del mercado, Fort Myers, Lakeland y Tampa. La continua escasez de inventario y el aumento de la población significan que los precios no experimentarán grandes caídas. "Simplemente no hay suficiente inventario para todos", dijo el Dr. Eli Beracha de FIU. Watch It
     
  • Houston Business Journal – August 29, 2022
    A story about Houston's housing market cited a study from Florida International University which indicates houses in the local market are selling at a 32.34% premium. Eli Beracha, director of FIU’s Hollo School of Real Estate, noted that he doesn’t expect home values to fall sharply across the board, as they did during the last housing downturn of 2006-2011. “There simply is not enough inventory to go around,” he said. Article
     
  • Dallas Business Journal - August 28, 2022
    A story about the Dallas-Fort Worth real estate market cited a study from Florida International University and Florida Atlantic University noting that it experienced a 15.9% increase in new housing units compared to a national increase of 6.5%, making North Texas the eighth fastest-growing major metro residential construction market in the nation between 2010 and 2020. Article
     
  • CBS4 – August 26, 2022
    In a report about the local housing rental market, where inventory is scarce and prices remain high, Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate explained that the state and local tax exodus is one of the factors that's helping increase the rents in South Florida. "People in high-tax states were already relocating to South Florida so they wouldn't have to pay income tax," she said. Watch It
     
  • Street Insider – August 26, 2022
    A story about U.S. housing markets cited a July analysis by researchers at Florida Atlantic University and Florida International University noting that home prices appear to have peaked in a growing number of markets. The data also shows that prices are still up in most of the markets, explained Eli Beracha, director of FIU’s Hollo School of Real Estate. “There simply is not enough inventory to go around,” he said. Article
     
  • The Real Deal - August 21, 2022
    In a story that looked at the unprecedented rent increases, amid never-before-seen demand, that has made renting more out of reach for locals than ever before, Eli Beracha, director of FIU’s Tibor and Sheila Hollo School of Real Estate, explained that many have to go through an approval process, including a credit check. “You have to show a stronger hand in order to be qualified. This means tenants have to compete with each other,” he said. Article
     
  • The Hill – August 1, 2022
    In an op-ed, Jerry Haar, professor of international business, analyzed the Cuban government’s announcement that it intends to permit foreign private investment. He highlighted that for prospective investors in Cuba, the economic environment, infrastructure, operations, markets (internal and external) and opportunity cost will determine whether a company should proceed. “Financially astute and socially responsible American corporations will take a pass on this “opportunity” and invest their money elsewhere,” he said. Article
     
  • Univision 23 – August 3, 2022
    Crecen las deudas por el uso de tarjetas de crédito en Estados Unidos. De acuerdo con la Reserva Federal de Nueva York, la deuda de los hogares estadounidenses aumentó un 2% durante el segundo trimestre del 2022 por la falta de ingresos. El asesor financiero Manuel Lasaga recomienda a las familias tener mucho cuidado con el uso de las tarjetas de crédito y acudir a otras opciones como "un préstamo de consumo porque la tasa de interés sería mucho menor. Hay que ser más conservador con los gastos y priorizar lo que es necesario.” Watch It
     
  • El Nuevo Herald – July 28, 2022
    Le roban a mujer de Coral Gables más de $3,000 después que estafadores la engañaron usando la app Zelle. "Vivimos en un mundo donde el dinero es básicamente digital. En estos momentos, las oportunidades para que los delincuentes roben son más grandes que nunca", dijo Sebastian Schuetz, profesor asistente en el Departamento de Sistemas de Información y Analítica Comercial de la Universidad del Sur de la Florida (FIU). Article
     
  • CBS 4 – July 27, 2022
    In a story about a Coral Gables woman who unknowingly sending more than $3,000 directly to scam artists via Zelle, Sebastian Schuetz, an assistant professor in the department of information systems and business analytics at FIU, explained that as the digital world progresses, cyber scams are a major problem. "We live in a world where money is basically digital. The opportunities for criminals right now are as high as they've ever been," he said. Watch It
     
  • CBS 4 – July 25, 2022
    In a story about farmers in South Florida hurt by the rising costs of inflation, Flavio Carrillo, director of the FIU Business Capital Markets Lab, explained that the problems farmers are facing likely won't go away any time soon. "The probability of a downturn in the economy over the next 12 months is 48% up from 30% in just the previous month," he said. Watch It
     
  • Acceso USA – July 21, 2022
    La inflación en Estados llegó al 9.1 por ciento en junio, el punto más alto en 40 años, y los economistas predicen que en lo que queda del 2022 alcanzará los dos dígitos. La inflación podría llegar al 12 por ciento en lo que queda del año, dijo Manuel Lasaga, profesor del Departamento de Finanzas de la escuela de Negocios de FIU. “La Fed tendrá que apretar el freno porque de lo contrario no se verá una reducción de la inflación”, señala el economista. Article
     
  • The National Interest – July 21, 2022
    In an op-ed, Jerry Haar, professor of international business, noted that during the COVID-19 pandemic, 94 percent of Fortune 100 companies reported major supply chain disruptions. Perhaps the most profound impact of the global pandemic on business is how international companies structure, plan, and operate their enterprises. Among the most dramatic changes is the higher premium placed on agility, resilience, and risk mitigation. “It used to be just-in-time production and inventory management were the coin of the realm; now it’s “just in case,” he said. Article
     
  • EFE News – July 6, 2022
    Los precios de las casas en Estados Unidos se mantienen al alza a pesar de recientes señales de desaceleración como es la subida de los tipos de interés, según refleja un estudio difundido este miércoles. El análisis elaborado por la Universidad Internacional de Florida (FIU, por sus siglas en inglés) y revela que durante el mes de mayo los precios de las casas en casi 100 mercados nacionales se han mantenido al alza y por encima de la media histórica.
     
  • WFLX – Channel 29, July 6, 2022
    A story on the real estate landscape cited a new study from Florida International University which indicated that even though fewer people are buying homes that has not translated into lower prices. The data looked at by researchers shows housing prices continue to rise in the 100 largest housing markets, including Fort Myers which is overvalued by nearly 60%. Watch It
     
  • Progreso Hispano News – July 6, 2022
    La tendencia del precio de las casas en Estados Unidos se mantiene en alza, pese a las recientes estrategias de desaceleración como la subida de los tipos de interés, según un análisis de Florida International University (FIU). Este análisis revela que durante mayo de 2022 los precios de las casas se mantuvieron con tendencia al alza, por encima del promedio histórico en casi 100 mercados nacionales. Article
     
  • Business Journal of Jacksonville – July 6, 2022
    A story on the U.S. real estate market cited research from Florida International University indicating that anecdotal signs of a U.S. housing slowdown have yet to translate into lower home prices While new rates have taken some potential buyers out of the market, a demand remains high and inventory low. Article
     
  • Miami Today – July 6, 2022
    In a story on U.S. Census Bureau findings that the Covid-19 pandemic fueled the greatest wave of business openings in Miami-Dade County history, international business professor Jerry Haar explained that business founders saw the opportunity of historically low interest rates for borrowing and new money and residents flowing into the community from the tax-pinched Northeast. Others, who had lost jobs, may have started delivery services as an absolute necessity to earn a living. Article
     
  • The Hustle – July 4, 2022
    A story about FIU Business research indicating that excessive use of text-based noted that researchers arranged four experiments where they split participants into two groups. The big takeaway? Email is best for simple tasks — but when things get complicated, it exacerbates the problem. Dr. Ravi Gajendran, author of the study, says regular meetings can help reduce the risk of getting stuck in endless email threads. Article
     
  • News Americas Now – July 1, 2022
    In an op-ed, Jerry Haar, professor of international business, and international business development consultant Cristina Caus wrote that since its oil discoveries in 2015, Guyana has been contemplating the formation of a national oil company. Its dilemma “to form or not to form” (to borrow from Hamlet’s soliloquy) must be resolved by September, and the pressure to decide is increasing. For a small nation in the Americas, with a population of around 800,000 and no previous oil and gas exploration and production experience, the news about 11 billion barrels of oil reserves can be both a blessing and a curse. Article
     
  • WSVN Channel 7– June 30, 2022
    In a report about Facebook’s increased flagging of inappropriate posts, Nancy Richmond, assistant teaching professor of marketing and logistics, noted that while the artificial intelligence that flags posts is not perfect, but Meta is trying to stop those who legitimately abuse their platforms. "They were put in a situation where they had to do something, but maybe they have now gone over the top with it, and so, they have to have some sort of balance," she said. Watch It
     
  • OilNOW – June 30, 2022
    In an op-ed, Jerry Haar, professor of international business, and international business development consultant Cristina Caus wrote that since its oil discoveries in 2015, Guyana has been contemplating the formation of a national oil company. Its dilemma “to form or not to form” (to borrow from Hamlet’s soliloquy) must be resolved by September, and the pressure to decide is increasing. For a small nation in the Americas, with a population of around 800,000 and no previous oil and gas exploration and production experience, the news about 11 billion barrels of oil reserves can be both a blessing and a curse. Article
     
  • The National Interest – June 27, 2022
    In an op-ed, Jerry Haar, professor of international business, noted that the 2007-2008 global financial crisis unleashed a huge wave of hostility towards multinational firms and financial institutions and even greater animosity among those on the political Left who do not believe that profit-making should be the sole purpose of the corporation. “The result has been that for nearly two decades, whether by choice or necessity (external pressure), companies have jumped on the bandwagon of “corporate social responsibility”, he said. Article
     
  • Fox 7 Austin – June 23, 2022
    New data in a study from researchers at Florida International University looked at the top 100 housing markets in the U.S. and found that 15 markets are overvalued by more than 50% while four of them, including Austin, Texas is overvalued by more than 60%. Article
     
  • Sun-Sentinel – June 22, 2022
    A story on real estate prices and homeownership in Broward county cited a preliminary assessment from researchers at Florida International University which found that spending the recommended 30% of income on housing, a home at the median sale price for Broward County, around $545,000, is far out of reach for almost all residents in South Florida. Article
     
  • Noticias RCN Colombia – June 22, 2022
    El curso de Marketing Digital en Redes Sociales que ofrece la alianza de Florida International University y Next U engloba diferentes asignaturas para todo tipo de público que quiera empezar desde cero. "Esta alianza con FIU permitirá a nuestros estudiantes obtener conocimiento de primer nivel, avalados por FIU, en un área de negocios que ha tomado un rol aún más importante después de la pandemia. Article
     
  • Latin Trade – June 20, 2022
    In an op-ed, international business professor Jerry Haar shared his thoughts following the Summit of the Americas. Hemispheric nations could take a more business-like approach to summitry, boosting the credibility and impacts of the summit. Another option (my own suggestion) is to do two smaller events per year over a two-year period, each with one specific theme and engage working groups from business, labor, government and the non-profit sector to fashion a work plan with measurable objectives, benchmarks and timetables. Article
     
  • Idaho Statesman – June 14, 2022
    A story about the U.S. housing market explained that researchers from Florida International University and Florida Atlantic University determined which markets were overvalued by analyzing the percentage difference between a home's expected price and what buyers actually pay. Boise, Idaho remains the most overvalued metro area in the nation. Article
     
  • NBC Miami – June 13, 2022
    In a story about increasing prices in Miami and fears of a recession, Mark Del Pezzo, associate teaching professor of finance, explained that for both investors and consumers, now is the time to stay on track. “What’s driving this is the fear the federal reserve has to increase rates and tighten up monetary policy to lower inflation,” he said. Watch It
     
  • Sun-Sentinel – June 13, 2022
    William G. Hardin was named dean of Florida International University's College of Business. He has worked as interim dean since May 2021 and is Ryder Eminent Scholar Chair and Research Fellow in the Tibor and Sheila Hollo School of Real Estate. Article
     
  • Raleigh News & Observer – June 13, 2022
    A story about the U.S. housing market cited a study from Florida International University and Florida Atlantic University which found that of the biggest 100 U.S. metro housing markets considered overvalued, Columbia was ranked 47th at 30.92%, while Greenville was ranked 39th at 37.33%. Researchers analyzed the percentage difference between the expected price of a home and what buyers are actually paying. Article
     
  • WooDZog.com – June 13, 2022
    A story about the U.S. housing market explained that researchers from Florida International University and Florida Atlantic University determined which markets were overvalued by analyzing the percentage difference between a home's expected price and what buyers actually pay. The expected prices were determined by a statistical model and the actual monthly prices paid came from the Zillow Home Value Index.
     
  • Bizmagsb.com – June 13, 2022
    A housing market story cited a study from Florida International University and Florida Atlantic University which found that Baton Rouge and New Orleans have two of the least-overpriced real estate markets nationally. Eli Beracha, director of the Hollo School of Real Estate, noted that in the prior downturn, many homes lost half of their values. “I don't think we'll see anything close to that this time around," he said. Article
     
  • Wall Street Journal – June 12, 2022
    In a story that discussed how resolving complicated issues over email can feel frustrating and taxing, Ravi Gajendran, associate professor of global leadership and management at FIU Business, explained that compared with face-to-face conversation, email not only makes resolution more difficult, but can also worsen one’s performance on subsequent tasks. “Not only do you have less motivation, but you also suffer cognitive deficits. I hate these long back-and-forth emails,” he said. Article
     
  • Zephyrnet.com – June 10, 2022
    A story about the U.S. housing market cited newly updated analysis from researchers at Florida Atlantic University and Florida International University found that while average home values in the Raleigh metropolitan area are now roughly $445,200, the statistical model based on long-term pricing trends estimates expected home values in the region to be about $293,500. Article
     
  • Investorplace.com – June 9, 2022
    A story about the U.S. housing market cited a recent study by researchers at Florida International University and Florida Atlantic University found that, out of the U.S.'s 100 largest urban areas, four have housing markets that are at least 60% overvalued. An additional 11 markets were at least 50% overvalued. Article
     
  • Business Insider – June 9, 2022
    A story about the U.S. housing market cited research from Florida International University and Florida Atlantic University which revealed that led by Boise and Austin, four U.S. markets are overvalued by more than 60 percent and 11 others are overvalued by more than 50 percent. Article
     
  • The Miami Herald – June 8, 2022
    A story about the U.S. housing market cited research from Florida International University and Florida Atlantic University which identified the most overvalued housing markets in the country. The top finding? Buyers in the most overvalued market — Boise, Idaho — are paying an eye-watering premium of 73%, largely thanks to the recent boom in remote work. Article
     
  • MoneyTalks News – June 7, 2022
    A story about the U.S. housing market cited research from Florida International University and Florida Atlantic University which revealed that led by Boise and Austin, four U.S. markets are overvalued by more than 60 percent and 11 others are overvalued by more than 50 percent. Article
     
  • Culture Map – June 6, 2022
    A story about the U.S. housing market cited research from Florida International University and Florida Atlantic University which revealed that led by Boise and Austin, four U.S. markets are overvalued by more than 60 percent and 11 others are overvalued by more than 50 percent. According to the study, the typical buyer in second-ranked Austin, that figure is 67.7 percent. Article
     
  • KPVI – June 6, 2022
    In an article about the U.S. housing market, researchers at Florida International University and Florida Atlantic University ranked Spokane seventh on its list of 100 most overvalued housing markets in the nation with home prices more than 54% above where they should be based on past pricing trends. Record-high prices are putting homebuyers and renters both at a disadvantage.
     
  • GlobeSt.com – June 3, 2022
    A story about the U.S. housing market cited research from Florida International University and Florida Atlantic University which revealed that led by Boise and Austin, four U.S. markets are overvalued by more than 60 percent and 11 others are overvalued by more than 50 percent.
     
  • Raleigh News & Observer – June 3, 2022
    In a story about home prices in North Carolina, a study from Florida International University and Florida Atlantic University found that its two largest cities are overvalued by 50% or more. Eli Beracha, director of FIU’s Hollo School of Real Estate said prolonged affordability issues could afflict growing areas. “Still, it could be painful for many consumers who are buying near the top of the market,” he said. Article
     
  • Mesabi Tribune – June 2, 2022
    In a story about the U.S. housing market, experts noted that major Midwestern cities are around the middle of the overvalued ones. Eli Beracha, director of FIU’s Hollo School of Real Estate, explained that shoddy construction and a glut of homes aren’t factors today. “In the prior downturn, many homes lost half of their values, but I don’t think we’ll see anything close to that this time around,” he said.
     
  • South Florida Business Journal – June 1, 2022
    A story showcased the naming of longtime faculty member and real estate expert William G. Hardin as the new dean of FIU’s College of Business. Hardin has been serving as interim dean since May 2021. “It is an extraordinary honor to be chosen as dean of FIU Business at this pivotal time for the global business community, Miami and our students,” Hardin said. Article
     
  • Miami Today – June 1, 2022
    In a story about the naming of William G. Hardin as the new dean of FIU’s College of Business, he highlighted new programs that give students vital tools to become a technology-literate workforce for the financial service industry. “So we see a lot of growth in the opportunities that we provide our students, and we’ve seen a tremendous improvement in the performance of our students graduating in four years,” he said.
     
  • Denver Post – June 1, 2022
    In a story about the U.S. housing market research reveals that metro Denver home prices are way higher than they would have been absent the pandemic, and while the premium is wide, it isn't as extreme as it is in many other places, according to a monthly study from Florida International University and Florida Atlantic University. Metro Denver home values are 38.5% above what would be expected based on the long-term trend. Article
     
  • WPTV-Local – June 1, 2022
    In a story about the U.S. housing market, research shows that despite skyrocketing housing costs, South Florida is not one of the most overvalued housing markets in the nation, according to a new housing report from Florida International University and Florida Atlantic University. Ft. Myers is the only Florida city that made the Top 10 with homes priced at 56.26 percent over market value. Watch It
     
  • WFLX-Local – June 1, 2022
    In a story about the U.S. housing market, research shows that despite skyrocketing housing costs, South Florida is not one of the most overvalued housing markets in the nation, according to a new housing report from Florida International University and Florida Atlantic University. Ft. Myers is the only Florida city that made the Top 10. Each month real estate researchers rank the most overvalued housing markets of America’s 100 largest metros. Watch It
     
  • Boca Raton Tribune – May 31, 2022
    In a story about the U.S. housing market, research indicated that four markets are overvalued by more than 60 percent, while 11 others are overvalued by more than 50 percent, according to the latest study from researchers at Florida International University and Florida Atlantic University. Each month they rank the most overvalued housing markets of America’s 100 largest metros by determining the premiums buyers are paying. Article
     
  • Local 10.com – May 31, 2022
    A story about housing prices cited the latest study released by researchers at Florida International University and Florida Atlantic University which finds that 15 housing markets in the U.S. are overvalued by 50 percent or more and poised for potential price corrections. Ft. Myers, which moved into the top 10 for the first time, came in at No. 8 with homes priced at 56.26 percent over market value. Article
     
  • CBS4 – May 25, 2022
    In a story on inflation’s impact on savings for retirement, Flavio Carrillo, director of the FIU Business Capital Markets Lab, how to best prepare. Research shows that most Americans are unprepared, many saying that they had less than $15,000 put aside for retirement. Watch It
     
  • Florida Trend – May 26, 2022
    A story highlighted that the U.S. Department of Education has renewed Florida International University's Center for International Business Education and Research (CIBER) grant. The grant increased to $1.33 million. “FIU Business is integral to creating leaders who understand the role of international business which benefits the state of Florida and the United States overall,” said dean William Hardin. Article
     
  • WSVN – May 23, 2022
    In a story about the homeowners insurance crisis, College of Business dean William Hardin explained that insurance companies often use older roofs as a reason to cancel in order to avoid taking an expensive risk. He added that insurance companies are trying to make up for big losses over the past few years. “They would argue you’ve been paying too little, but now you need everyone to catch up. Everyone’s seeing some type of increase.” Watch It
     
  • The Spokesman-Review – May 18, 2022
    In an article about the U.S. housing market, researchers at Florida International University and Florida Atlantic University released a list of the nation's top 100 most overpriced housing markets. The report shows that “Spokane came in sixth place, with home prices more than 45% above the expected value based on historical pricing data."
     
  • The Limited Times – May 17, 2022
    In a story about Fidelity Investments announcement that it will offer bitcoins as an investment option in 401k retirement plans, several have raised their voices to criticize this initiative, including the U.S. Department of Labor. Marcos Kerbel, adjunct finance lecturer, analyzed if this initiative benefits workers. Article
     
  • CNN Dinero – May 17, 2022
    In a story about Fidelity Investments announcement that it will offer bitcoins as an investment option in 401k retirement plans, several have raised their voices to criticize this initiative, including the United States Department of Labor. Adjunct finance lecturer Marcos Kerbel discussed the pros and cons of bitcoin-funded retirement plans. Watch It
     
  • Miami New Times – May 17, 2022
    In an article about what kind of fruit picking is allowed in Miami, accounting professor David Barman explained how to avoid any sticky legal situations. Who owns the fruit depends on where it falls. "If the fruit tree is on the branch of your neighbor's tree but hanging over your fence, it's still your neighbor's fruit. If you take it before it falls, it's common-law theft,” he said. Article
     
  • Atlanta Journal and Constitution – May 16, 2022
    In a story about prospective home buyers, real estate experts from Florida International University and Florida Atlantic University indicate prices are up, inflation is high and the pandemic has put a damper on almost every other market in the world. Eli Beracha, director of the School of Real Estate at FIU, concurs that Atlanta home buyers have it worse than most. Article
     
  • Florida Trend – May 16, 2022
    In a story about overvalued real estate markets, a study by Florida International University and Florida Atlantic University reveals that Ft. Myers led the state as the most "overvalued" market in April with homebuyers paying 51% more than they should. The data is based on historic pricing trends. Lakeland was runner-up, with homes overvalued by 50%, followed by Tampa (49%), Melbourne (44.5%), Sarasota (44%) and Daytona Beach (44%). Article
     
  • El Nuevo Herald – May 6, 2022
    A story about small business owner Jennifer Arniella highlighted the challenges and perseverance she faced to launch Unique Crafts by Jenn, details she shared with president Joe Biden. When Arniella launched her business amidst the pandemic, she received assistance from Florida Small Business Development Center at FIU Business. “She was very motivated and worked very quickly to put together the recommendations given by the SBDC,” said director Brian Van Hook.
     
  • Palm Beach Post – May 6, 2022
    A story about the U.S. real estate market noted that six of the nation’s top 25 most overvalued housing markets are in Florida, which can expect to see a “prolonged period of unaffordability” even as prices in other regions of the country cool. Research from Florida International University and Florida Atlantic University indicates Fort Myers led the state as the most overvalued market in April with homebuyers paying 51% more than they should. Article
     
  • Deseret News – May 4, 2022
    An article about overvalued housing markets notes that Boise, Idaho has consistently topped Florida International University and Florida Atlantic University’s top 100 U.S. housing market rankings, for its high housing premium estimated at 75% in March. The three Utah cities that have ranked in the nation’s top 10, close behind Boise, include Ogden, with an over 63% premium; Provo, with an over 54% premium; and Salt Lake City, with a 53.8% premium. Article
     
  • Tampa Bay Times – May 4, 2022
    An article about the real estate rent market in Florida points to four cities in as drivers of the national surge. Miami is the most overvalued rental market in the U.S. with a 21.75 percent premium, followed by Fort Myers, Tampa Bay, Sarasota, and Port St. Lucie. Real estate researchers from Florida International University and Florida Atlantic University found Tampa Bay’s housing market could be reaching its peak. Article
     
  • The Mortgage Reports – May 3, 2022
    An article about increasing home prices and interest rates analyzed if buying a house still worth it in 2022. Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate explained the importance of analyzing the market, whether it’s more expensive to buy or rent in your market. “Learn the sale prices of comparable properties in your area and the rental prices for leased properties,” she said. Article
     
  • Tampa Bay Times – April 20, 2022
    An article about Florida’s overvalued real estate markets shows that Tampa Bay is one of the most overvalued cities the state, according to real estate researchers from Florida International University and Florida Atlantic University. Homes are selling for 46% above the area's historical trends. Sales have increased 29% since March 2021 and most houses close within 22 days. Rents have also risen by double digits. Article
     
  • WalletHub – April 20, 2022
    Professor Christopher Altizer was featured in WalletHub's recent study about States Where Employers Are Struggling the Most in Hiring. Employers are finding that staying on the sidelines or ignoring these issues risks disaffecting not only the labor pool but also customers and owners. Now, no matter how small or large you are, it requires awareness of your place in the community and actions to have a tangible, positive impact on it. Article
     
  • Idaho Statesman – April 19, 2022
    Typical home prices in the Boise metro area have climbed more than 76% above their long-term trend line, also the biggest such divergence in the nation, according to another model by researchers at Florida Atlantic University and Florida International University. Some of the momentum began before the pandemic, but it went into overdrive in 2020.
     
  • Charlotte Business Journal – April 18, 2022
    As prices in the local housing market continue soaring to new heights, a recent analysis of “overvalued markets” puts Charlotte among those ranks. Researchers at Florida Atlantic University and Florida International University each month analyze home-price changes in the nation's 100 largest metros to provide an estimate on how much a market's housing stock is over- or undervalued, relative to its historic pricing. Article
     
  • Washington Post – April 17, 2022
    Typical home prices in the Boise metro area have climbed more than 76% above their long-term trendline, also the biggest such divergence in the nation, according to another model by researchers at Florida Atlantic University and Florida International University. Some of the momentum began before the pandemic, but it went into overdrive in 2020. Article
     
  • Bloomberg – April 16, 2022
    In an article about the housing market in Boise, Idaho researchers from Florida International University and Florida Atlantic University indicated that prices have climbed more than 76% above their long-term trendline. New data from Zillow showed that typical home values in Boise rose 0.4% in March, down from a 4.1% monthly pace in June 2021. Article
     
  • Washington Post – April 16, 2022
    Typical home prices in the Boise metro area have climbed more than 76% above their long-term trendline, also the biggest such divergence in the nation, according to another model by researchers at Florida Atlantic University and Florida International University. Article
     
  • South Florida Business Journal – April 13, 2022
    A story on local business events highlighted the North Miami Beach Community Redevelopment Agency’s partnership with the Florida Small Business Development Center at FIU Business to provide free consulting to entrepreneurs in specific communities in the city. Article
     
  • WalletHub – April 13, 2022
    In an article about who should apply for gas reward credit cards, marketing professor Anthony Miyazaki explained that these are a good fit for anyone who is watching their expenses and wants either discounts or rewards, particularly if the cards don’t have an annual fee. “The key, though, is that you're going to buy gas anyway, so you might as well get some benefit from it,” he said. Article
     
  • NBC 6 – April 12, 2022
    In a story on the rising inflation and prices for everyday items surged in March to their highest levels since 1981, Mark Del Pezzo, associate teaching professor of finance, explained that it's not just Russia's war on Ukraine that is factored into the inflation. Watch It
     
  • Chattanooga Times Free Press – April 12, 2022
    A story about the Chattanooga housing market, cited research from Florida International University and Florida Atlantic University which shows that buyers in the area are overpaying by about 35% for homes versus historical trends. That's up from a 24.8% premium just six months ago. Article
     
  • South Florida Business Journal – April 12, 2022
    A story about BankUnited’s efforts to nurturing the community's students and entrepreneurs, showcases the bank’s partnership with the FIU Business ATOM Pink Tank, which helps female students explore science, technology, engineering and math (STEM) careers. It also mentions BankUnited’s iCARE Ventures collaboration with Startup FIU to fund and mentor small businesses. Article
     
  • The National Interest – April 12, 2022
    In an op-ed, international business professor Jerry Haar noted that the impacts of the COVID-19 pandemic have only accelerated the shift toward nearshoring. It delivers considerable benefits - more frequent visits to the manufacturing site; improved control of intellectual property; the ease of operating in a more convenient time zone; quicker transit from manufacturer to the customer; faster speed to market; better quality control; and improved supply chain efficiency. “One must conclude that the nearshoring future is a bright one,” he said. Article
     
  • WLRN- FM – April 12, 2022
    In a story about new technology startups in Latin America and the increased investments they’re attracting from Miami, international business professor Jerry Haar explained that in 2021 a record 18 of these reached unicorn status, a value of over $1 billion. “All the technology we’re seeing and experiencing here are being played around with by very creative people in Latin America and the Caribbean, this is an unstoppable force,” he said. Listen
     
  • Epoch Times – April 7, 2022
    In a story about investing in a friend’s business, Dileep Rao, clinical professor of entrepreneurship, cautioned with letting a personal relationship cloud a business judgment. Evaluate the founder’s business acumen and ask if they have experience in the industry. “Is this likely to become a major company? If the potential is huge, it makes sense from a financial perspective,” he said. Article
     
  • 7 News Online – April 5, 2022
    In a story about two Broward women who found their stolen pictures on a sexually suggestive Facebook page, Nancy Richmond, assistant teaching professor of marketing and logistics, noted the importance of having strict privacy settings. “If you are posting photos and videos, and you really only want your friends and your family to see it, make sure that you have your Facebook settings marked to private for friends and maybe friends of friends,” she said. Article
     
  • WSVN 7 – April 5, 2022
    In a story about two Broward women who found their stolen pictures on a sexually suggestive Facebook page, Nancy Richmond, assistant teaching professor of marketing and logistics, explained that to keep personal photos from being used without your permission, check your privacy settings. "Facebook has many community standards, and looking at that particular situation, it looked like it [the page] was violating at least three or four of them," she said. Watch It
     
  • Forbes – April 5, 2022
    A story about the changing career landscape cited research from Ravi Gajendran, associate professor of global leadership and management at FIU Business, which finds that excessive use of text-based communication, for complex tasks can lower the performance of your work started later in the day. In one test participants had to work via text or in person to put a series of pictures in the right order—those who used text didn’t find as many errors, a 19% reduction in complex reasoning. Article
     
  • NewsBreak – April 5, 2022
    A story cites new research from Ravi Gajendran, associate professor of global leadership and management at FIU Business, which finds that excessive use of text-based communication for complex tasks such as negotiating, decision-making or problem-solving, can lower a person’s interest and performance on work started after the conversation is finished. “Text-based communication takes longer and requires more thought to arrive at a shared understanding,” he said. Article
     
  • K104.7-FM – April 5, 2022
    A story about the housing market in Charlotte, North Carolina cited research from Florida International University and Florida Atlantic University which shows that it is now the 10th most overvalued city in the U.S. Eli Beracha, director of FIU’s Hollo School of Real Estate, “a combination of low supply and at the same time high demand of people who simply want to move to the area is brewing this overpricing that we see.” Article
     
  • V101.9 – April 5, 2022
    A story about the housing market in Charlotte, North Carolina cited research from Florida International University and Florida Atlantic University which shows that the city is now the 10th most overvalued city in the U.S. Eli Beracha, director of FIU’s Hollo School of Real Estate, noted that all markets are relatively overpriced. Article
     
  • WCCB TV – April 4, 2022
    A story about the housing market in Charlotte, North Carolina cited research from Florida International University and Florida Atlantic University which shows that it is now the 10th most overvalued city in the U.S. Eli Beracha, director of FIU’s Hollo School of Real Estate, “a combination of low supply and at the same time high demand of people who simply want to move to the area is brewing this overpricing that we see.” Article
     
  • Forbes – April 3, 2022
    A story about changing styles of communications work cited new research from Ravi Gajendran, associate professor of global leadership and management, which shows that excessive use of text-based communication can lower a person’s interest and performance on work started after the conversation is finished. “Employees must carefully weigh the costs of using text-based communication for convergence tasks with the costs of meeting in person,” he said. Article
     
  • Decatur Daily – April 3, 2022
    In a story about investing in a friend’s business, Dileep Rao, clinical professor of entrepreneurship, cautioned with letting a personal relationship cloud a business judgment. Evaluate the founder’s business acumen and ask if they have experience in the industry. “Is this likely to become a major company? If the potential is huge, it makes sense from a financial perspective,” he said. Article
     
  • The Hill – April 2, 2022
    In an op-ed, international business professor Jerry Haar noted that Ukraine ranks among the top five locales worldwide for new tech talent. The U.S. deficit in science, technology, engineering and math (STEM) is 2.4 million unfilled jobs in those fields. Congress and the Biden administration should fast track a special initiative to admit Ukrainian STEM workers. “War on the battlefield has a beginning and an end. The war for talent and economic competitiveness is perpetual,” he said. Article
     
  • GlobeSt.com – March 31, 2022
    A story about the current housing market examined how rising mortgage rates are moving in tandem with increasing housing prices in many markets. Real estate researchers from Florida International University and Florida Atlantic University explained that the situation raises concerns that a looming downturn in some areas could be worse than expected. Article
     
  • Newsbreak - March 30, 2022
    A story about the housing market in North Carolina cited research from Florida International University and Florida Atlantic University which shows that Charlotte entered the top 10 overvalued markets for the first time with a premium of 50.14%. “The drivers of this appear to be large population increases in these areas combined with a significant shortage in housing inventory,” said Eli Beracha, director of FIU’s Hollo School of Real Estate. Article
     
  • Mortgage Orb – March 30, 2022
    A story about the housing market in Florida examined how home prices haven’t leveled off or declined despite rising interest rates, a potential indicator that the housing market is nearing its peak. Real estate researchers from Florida International University and Florida Atlantic University explained that the situation raises concerns that a looming downturn in some areas could be worse than expected. Article
     
  • International Construction – March 30, 2022
    In a report about the biggest challenges for the construction industry - primarily the supply chain, which makes it harder to get the materials that they need, logistics professor Andrea Patrucco discussed what those in construction can do to try and mitigate these issues. Watch It
     
  • WJCT News – March 29, 2022
    A story about the housing market in Florida examined how home prices haven’t leveled off or declined despite rising interest rates, a potential indicator that the housing market is nearing its peak. Real estate researchers from Florida International University and Florida Atlantic University explained that the situation raises concerns that a looming downturn in some areas could be worse than expected. Article
     
  • Phoenix Business Journal – March 29, 2022
    A real estate market story cited research from Florida International University and Florida Atlantic University which ranks metro Phoenix at No. 6 on a list of the most overvalued markets in the nation, showing a 53.7% premium over what the average price should be based on historical trends. Article
     
  • Texarkana Gazette – March 27, 2022
    In a story about investing in a friend’s business, Dileep Rao, clinical professor of entrepreneurship, cautioned with letting a personal relationship cloud a business judgment. Evaluate the founder’s business acumen and ask if they have experience in the industry. “Is this likely to become a major company? If the potential is huge, it makes sense from a financial perspective,” he said. Article
     
  • The West Australian – March 27, 2022
    In a story about investing in a friend’s business, Dileep Rao, clinical professor of entrepreneurship, cautioned with letting a personal relationship cloud a business judgment. Evaluate the founder’s business acumen and ask if they have experience in the industry. “Is this likely to become a major company? If the potential is huge, it makes sense from a financial perspective,” he said. Article
     
  • The Worley Gig – March 27, 2022
    A story about housing in Spokane, Washington cited research from Florida International University and Florida Atlantic University where Spokane was listed as No. 6 among the 100 most sought-after housing markets. Housing costs in Spokane remain cheaper than other cities on the west coast. Article
     
  • Press From – March 25, 2022
    In a story about rising inflation across world economies, logistics and supply chain management professor Craig Austin explained that when China closed its economy it disrupted the model that companies had been relying on before the pandemic. Adding that even though economies had disruption strategies in place, suddenly whole factories were offline. "The pressures are easing, not completely, but we're seeing more merchandise becoming available and a lot of places are improving," he said.
     
  • The Miami Herald – March 25, 2022
    In an article about the housing market in South Florida, Eli Beracha, director of Florida International University's Hollo School of Real Estate, explained that purchasing a house as an investor is still a good investment. The housing shortage isn’t going away anytime soon. Investors can still borrow cheaply and can increase rents at a faster pace. “It’s a combination that allows investors to get good returns even though prices are not low,” he said.
     
  • CBS4 – March 22, 2022
    A story about small businesses having to deal with major issues like inflation, the threat of a new COVID variant, and especially higher fuel costs profiled Fruitique Ice Cream Company, whose owners received help from FIU's Small Business Development Center to expand the business. “We were able to expand our retail business which was the only thing strong during COVID,” said co-owner Juan Puerto. Watch It
     
  • The Miami Herald – March 22, 2022
    The head of the U.S. Small Business Administration visited a small aircraft repair business Monday in a Miami Gardens neighborhood and highlighted the SBA’s Community Navigator program. In October 2021, Florida International University was a recipient of a $2.5 million grant as part of the navigator program and is using the money to help Miami-Dade small companies.
     
  • Seattle Post Intelligencer – March 22, 2022
    In a story about investing in a friend’s business, Dileep Rao, clinical professor of entrepreneurship, cautioned with letting a personal relationship cloud a business judgment. Evaluate the founder’s business acumen and ask if they have experience in the industry. “Is this likely to become a major company? If the potential is huge, it makes sense from a financial perspective,” he said.
     
  • Florida Realtor – March 21, 2022
    In a story about the increase in investor purchases of single-family homes, Eli Beracha, director of FIU’s Hollo School of Real Estate, explained that purchasing a house as an investor is still a good investment. “You can still borrow cheaply and it looks like inflation is going to stay higher than average for some time. You can increase rents at a faster pace than you do usually,” he said. Article
     
  • The Hill – March 19, 2022
    In an op-ed international business professor Jerry Haar noted that from the U.S. perspective, external trade challenges to the nation are numerous and varied. If the U.S. seeks to maintain, strengthen and expand its role as a champion of American competitiveness, “it needs to pursue an agenda emphasizing both market openness and trade law enforcement; sensible industrial policies; innovation and entrepreneurship; consumer-centric policies; and skills upgrading and workforce development,” he said. Article
     
  • NBC6 – March 18, 2022
    In a story about the concept of cryptocurrency, NFTs, crypto-mining, and everything else embedded in the crypto-verse, Hemang Subramanian, associate professor of information systems and business analytics of FIU, explained how cryptocurrencies are moving into the business mainstream. In the metaverse, a digital reality world, all transactions can only be conducted in cryptocurrencies. Watch It
     
  • The Ascent – March 17, 2022
    In an article about selecting the best home insurance companies, real estate law professor Suzanne Hollander discussed the impact of climate change on prices and coverage. She explained that rising costs may lead to a location where insurance premiums and costs of living are lower. “… the local, state, and federal government may consider capping and limiting the percentage insurance companies may raise insurance premiums per year,” she said. Article
     
  • NBC6 – March 16, 2022
    Ukrainian civilians run from the horrors of war with only as much as they can even carry, so many people around the world have helped by donating cryptocurrency. FIU associate professor of cryptocurrency and blockchain technology Hemang Subramanian explains how the donations are being used. Watch It
     
  • Moneynews – March 16, 2022
    In a report about the Biden administration’s outreach to Venezuelan president Nicolas Maduro seeking more oil production, international business professor Jerry Haar explained why it has angered Venezuelan ex-patriots and stumped pundits. "If all politics is local, I think there is probably fewer things that President Biden and the Democrats could do to drive South Florida voters into the arms of the Republicans," he said. Article
     
  • WalletHub.com – March 15, 2022
    In an article about bonus credit card rewards for dining and entertainment are becoming increasingly popular, Kimberly Taylor, associate professor of marketing and logistics, explained that consumers have always appreciated anything that they perceive to be a good value or to be getting something extra for their money. “Credit cards that offer rewards also feel like a ‘no brainer’ - an easy way to get extra perks from things you were already doing anyway,” she said. Article
     
  • WLRN – March 15, 2022
    A story cost that revealed the cost of home ownership is still outpacing the cost of renting cited the Buy vs. Rent Index analysis from Florida International University and Florida Atlantic University. Researchers found that it might be possible to build that same wealth while renting and reinvesting in the stock market, according to the Tune In
     
  • MediaFeed.org – March 15, 2022
    An article about the top 10 overvalued housing markets cited the latest housing assessment report from researchers at FIU and Florida Atlantic University found that residents in the Boise area are paying an average of $506,060 for homes, roughly 76% higher than would be expected when accounting for historical averages. Rounding out the top 5 over priced cities are: Atlanta, Georgia; Las Vegas, Nevada; Ogden, Utah; and Austin, Texas. Article
     
  • NBC6 – March 13, 2022
    In a report about rising rent costs and Florida laws that prohibit rent controls unless there’s a “housing emergency,” real estate law professor Suzanne Hollander explained that the most common way for local governments to tackle affordability without violating the Florida law is to fund construction of more affordable housing units because capping rents is an uphill battle in court. "The burden of evidence is on the county or municipality trying to enact it," she said. Watch It
     
  • The Miami Herald – March 12, 2022
    In a story about employees at a Starbucks store in Hialeah becoming the first from the coffeehouse chain to create a union, human resource management professor Marc Weinstein explained that Starbucks has not been able to devise a uniform campaign against unions. He noted that while Starbucks “shows itself to be a socially progressive company, it has been very aggressive in trying to stop unionization, but the most challenging thing is that workers are organizing in individual stores.”
     
  • ZME Science – March 11, 2022
    In a story analyzing Russia’s war on Ukraine, international business and strategy professor Edgardo Pappacena explained that there’s the historical factor, the geographic factor, and the economic one to the conflict. Pappacena sees here a clear sign that Putin wants to rebuild the former glory of the Soviet Union. “Anyone who paid attention to what Putin has been saying for the last 20 years, knew that this was a real possibility,” he said. Article
     
  • Florida Realtors – March 11, 2022
    An article about the housing market in South Florida cited the quarterly report on renting vs. buying from with Florida International University and Florida Atlantic University. Of the 23 major metropolitan areas in his study, 17 favor renting a property and reinvesting the money, including the Miami region, which encompasses Palm Beach, Broward and Miami-Dade counties. Article
     
  • NewsBreak – March 11, 2022
    The QS World University Rankings place the Professional MBA Online program at FIU Business at No. 10 in the world for the second consecutive year. The 2022 QS Online MBA Rankings are based on such factors as academic reputation, quality and diversity of enrolled students, reputation among employers and the class experience. Article
     
  • CBS Miami – March 10, 2022
    In a report about the repercussions from a meeting between U.S. representatives with government officials in in oil-rich Venezuela, international business professor Jerry Haar explained that there are many other places to get oil, including U.S. reserves and other countries in Latin America. "If all politics is local, I think there is probably fewer things that President Biden and the Democrats could do to drive South Florida voters into the arms of the Republicans,” he said. Article
     
  • WLRN – March 10, 2022
    An article about housing prices in Palm Beach County cited the latest Beracha, Hardin & Johnson Buy vs. Rent Index from Florida International University and Florida Atlantic University. The quarterly report suggests renting rather than buying a home and risk doing so at the top of the market. Article
     
  • El Nuevo Herald – March 10, 2022
    In a story about employees at a Starbucks store in Hialeah becoming the first from the coffeehouse chain to create a union, human resource management professor Marc Weinstein explained that Starbucks has not been able to devise a uniform campaign against unions. He noted that while Starbucks “shows itself to be a socially progressive company, it has been very aggressive in trying to stop unionization, but the most challenging thing is that workers are organizing in individual stores.”
     
  • Palm Beach Post – March 10, 2022
    An article about housing prices in Palm Beach County cited the latest Beracha, Hardin & Johnson Buy vs. Rent Index from Florida International University and Florida Atlantic University. The quarterly report suggests renting rather than buying a home and risk doing so at the top of the market. Article
     
  • Bakersfield.com – March 9, 2022
    The latest Beracha, Hardin & Johnson Buy vs. Rent Index from Florida International University and Florida Atlantic University suggests that consumers in much of the U.S. should give more thought to renting a home rather than owning one. Prospective buyers in many markets could build long-term wealth as fast or faster by renting a similar single-family property and investing the money. “Our index is showing you don’t need to be a homeowner to build a retirement nest egg,” said Beracha, director of FIU’s Hollo School of Real Estate.
     
  • CBS 12 – March 9, 2022
    Economists at Florida International University and Florida Atlantic University are suggesting most Americans looking for a place to live should rent, rather than buy a place and risk doing so at the top of the market. The researchers looked at 23 major metropolitan areas - five places “strongly favor renting,” rather than buying, Dallas, Denver, Houston, Kansas City and Seattle. “But if you don’t think you’ll invest your rental savings, it’s better off to buy a home,” Beracha explained. Watch It
     
  • Latin America Advisor – March 8, 2022
    In a story about the economic outlook for small- and medium-sized enterprises in Latin America and the Caribbean, international business professor Jerry Haar explained that borrowing conditions will remain tight, the region’s level of indebtedness will put a hamper on public spending and bank lending. “Less dynamic external demand, slower trade, inflation and fiscal deficits—along with political uncertainty— will hit the region,” he said. Article
     
  • Commercial Cafe – March 8, 2022
    In a story about the trends in the office real estate market, William Hardin, interim dean of FIU Business, pointed out that the entire office ecosystem has been impacted, especially in markets characterized by large commute times, and office utilization will not near pre-pandemic levels anytime soon. “Second-tier properties in areas requiring long commute times will be weakest. Other non-office tenants (those providing services and food, etc.) will continue to suffer and, since their revenues are directly tied to people in office space, their ability and willingness to pay current rents will decline,” he said. Article
     
  • CNN Dinero – March 6, 2022
    In a story about the global geopolitical landscape resulting from Russia’s invasion of Ukraine, international business and strategy professor Edgardo Pappacena discussed that Vladimir Putin is moving toward establishing a closer relationship with China. “China will take one a more strategic role, perhaps in an effort to create an alternative financial system," he said. Watch it
     
  • Marketwatch.com – March 5, 2022
    An article about the top 10 overvalued housing markets cited the latest housing assessment report from researchers at FIU and Florida Atlantic University. They warn that buying at the top of a market bubble could hurt you financially for many years. Article
     
  • The Coastal Star – March 2, 2022
    In an article about Palm Beach County’s real estate market, a report from Florida International University professor Eli Beracha, director of the Hollo School of Real Estate, and Florida Atlantic University professor Ken Johnson indicated that it is not as overheated as it was leading up to the market crash experienced here during the Great Recession. Homes in South Florida, including Palm Beach County, were selling in January for 23% above what would be expected. Article
     
  • Marketwatch.com – March 2, 2022
    A new report from researchers at Florida Atlantic University and Florida International University examined which housing markets nationwide are most overvalued. They calculated the average property price in each of the 100 largest housing markets nationwide and compare the fluctuations in prices with what would be expected based on their historic growth. Article
     
  • Miami Herald – March 1, 2022
    Although the county’s midpoint price for a single-family home retreated slightly in January, it still stood at $520,000 — out of reach for most locals. New research from Florida Atlantic University economist Ken H. Johnson and Florida International University real estate professor Eli Beracha shows that home prices have jumped to the point that in Miami homes are 23% overpriced, compared to only 3% a year ago.
     
  • Telemundo 51 – March 1, 2022
    In a story about the sanctions against Russia and the impact these will have on the global economy, international business and strategy professor Edgardo Pappacena explained that these will primarily affect the sectors involving energy, metals and minerals. “The greatest risk for the U.S. economy amidst the conflict is neon and palladium, Both are key in the manufacture of chips and semiconductors and they will have an impact on the supply chain also,” he said. Watch it
     
  • MSN Español – February 28, 2022
    In an article about the sharp increase in the housing market over the last two years of the COVID-19 pandemic, researchers FIU Business and Florida Atlantic University pointed out that now is one of the riskiest times to buy. Overall, homeowners in South Florida had to wait 14 or 15 years, from the height of the housing boom in 2006 until 2021, to finally see some value return to their homes, and even then it was less than $5,000.
     
  • El Nuevo Herald – February 28, 2022
    In a story on the impact of the the Russia-Ukraine conflict, international business and strategy professor Edgardo Pappacena explained that the U.S. economy will see the hardest impact in the energy sector, noting that approximately 60% of Russia’s economy is financed through gas and energy exports. “The greatest risk for the U.S. economy amidst the conflict is neon and palladium,” he said.
     
  • El Nuevo Herald – February 28, 2022
    A story about increasing home prices cited a study from FIU Business and Florida Atlantic University which shows that home prices have jumped to the point that in Miami homes are 23% overpriced, compared to only 3% a year ago.
     
  • ZME Science – February 28, 2022
    In a story about the exclusion of Russia from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), international business and strategy professor Edgardo Pappacena explained that this is of the two sanctions that could really hurt Russia and erode Putin’s domestic support. "You deny Russia access to SWIFT and Russia has been completely isolated from the global economy," he said. Article
     
  • WAQI-AM – February 25, 2022
    In a story discussing Russia’s invasion of Ukraine, international business and strategy professor Edgardo Pappacena discussed economic sanctions that would have the strongest impact on Russia’s economy. One would be shutting down the country’s oil and gas exports as well as excluding Russia from the Society for Worldwide Interbank Financial Telecommunication (SWIFT). “That will essentially prohibit Russia from conducting any international transactions and destabilizes their economy,” he said. Tune In
     
  • NBC6 – February 24, 2022
    In a story about the increasing instability from the escalating crisis between Ukraine and Russia, Deanne Butchey, teaching professor of finance, explained there is a good chance inflation will continue to rise, especially when it comes to gas prices. “Now is the time to be cautious with your money,” she said. Watch it
     
  • Fortune – February 22, 2022
    Florida Atlantic University and Florida International University have once more ranked the nation’s most overvalued homes, and while Boise continues to top the list, two cities have seen notable leaps in the past two months. Las Vegas, which was seventh on the list in December, has moved up to the No. 4 spot, as premiums in Sin City have jumped another 6%. Atlanta, meanwhile, jumped from 10th place to fifth, with a 7% increase in housing price premiums. Article
     
  • Florida Trend – February 22, 2022
    In a story about the Jacksonville area’s booming housing market has left home values a little inflated, academics from FIU and FAU, who have been researching home prices warned that flush times for home-sellers across the state could be ending. Eli Beracha, director of the Hollo School of Real Estate, explained that low mortgage rates have helped keep housing demand strong during the pandemic. “Now we’re seeing rates rise, and that’s going to take some buyers out of the market and curtail price gains,” he said. Article
     
  • ZDNET – February 19, 2022
    A story about the top online business masters programs, pointed out that the contemporary business landscape involves a growing number of cross-border interactions, and an international business master's can help professionals navigate the challenges that come with this. At No. 1, FIU College of Business 30-credit online international business master's features courses in global megatrends, contextual intelligence, and global strategy. Students can also take a professional development seminar series. Article
     
  • Florida Realtor – February 18, 2022
    In a story about the Jacksonville area’s booming housing market has left home values a little inflated, academics from FIU and FAU, who have been researching home prices warned that flush times for home-sellers across the state could be ending. Eli Beracha, director of the Hollo School of Real Estate, explained that low mortgage rates have helped keep housing demand strong during the pandemic. “Now we’re seeing rates rise, and that’s going to take some buyers out of the market and curtail price gains,” he said. Article
     
  • ZDNET – February 16, 2022
    A story about the top bachelor of business administration programs, noted that earning an international business degree prepares graduates for careers in global corporations and organizations, along with government agencies and international financial institutions. FIU College of Business 120-credit BBA in international business at FIU focuses on international business principles, international trade, and global information technology. Article
     
  • Information Today – February 15, 2022
    In a story about the relevance of hashtags in marketing, Nancy Richmond, an assistant teaching professor in the department of marketing and logistics at Florida International University’s College of Business, explained that using them effectively involves more than just coming up with words and phrases off the top of your head. It requires strategy and research, which, obviously, can take some time. “Having some hashtags ready to copy and paste can help make the process feel less overwhelming.” Article
     
  • WUSF-Public Media – February 15, 2022
    In a story about the real estate market in Central Florida, the Beracha and Johnson Housing Market Ranking showed that the greater Tampa Bay region has two of the most overvalued housing markets in the country, with the kind of prices not seen in more than a decade. The study is conducted by Florida Atlantic University and Florida International University. Eli Beracha, the Director of FIU’s Hollo School of Real Estate, said that it’s due in part to Tampa and Lakeland’s population influxes. “We know that there is a trend (during) COVID and even pre-COVID, that people are moving to Florida, and many are coming to those areas,” he added. Article
     
  • Head Topics US – February 14, 2022
    In a story about MiamiCoin as an additional revenue stream and a way of raising the city's profile as a crypto mecca, Pouyan Esmaeil Zadeh, professor of information systems and business analytics, agreed that these could become a boon to the cities adopting them. "Any person in the world if they want to contribute to Miami, if they like Miami, that person can buy the MiamiCoin," he said. While Hemang Subramanian, associate professor of information systems and business analytics of FIU, pointed out that MiamiCoin could make up for the city's tax contributions to the state and help solve long-term liquidity problems, he also warned that early adopters could wield too much influence over the city's revenues. Article
     
  • YahooFinance – February 14, 2022
    In a story about the labor market Jennifer Arniella, a 29-year-old Kendall mother of two, discussed how she graduated into the pandemic from the masters in business administration program at Florida International University and decided to start a venture at home, using the government assistance she received to support her children to help buy laser equipment to cut logos and signs for businesses. For marketing support, she calls on the Florida Small Business Development Center at FIU, which also helped launch the business itself. Article
     
  • The Miami Herald - February 14, 2022
    In a story about the labor market Jennifer Arniella, a 29-year-old Kendall mother of two, discussed how she graduated into the pandemic from the masters in business administration program at Florida International University and decided to start a venture at home, using the government assistance she received to support her children to help buy laser equipment to cut logos and signs for businesses. For marketing support, she calls on the Florida Small Business Development Center at FIU, which also helped launch the business itself.
     
  • Florida Times Union – February 14, 2022
    In a story about the Jacksonville area’s booming housing market, researchers from FIU and FAU warned that flush times for home-sellers across the state could be ending. Eli Beracha, director of the Hollo School of Real Estate, explained that low mortgage rates have helped keep housing demand strong during the pandemic. “Now we’re seeing rates rise, and that’s going to take some buyers out of the market and curtail price gains,” he said. Article
     
  • Coinmarketcap – February 13, 2022
    In a story about MiamiCoin as an additional revenue stream and a way of raising the city's profile as a crypto mecca, Pouyan Esmaeil Zadeh, professor of information systems and business analytics, agreed that these could become a boon to the cities adopting them. "Any person in the world if they want to contribute to Miami, if they like Miami, that person can buy the MiamiCoin," he said. While Hemang Subramanian, associate professor of information systems and business analytics of FIU, pointed out that MiamiCoin could make up for the city's tax contributions to the state and help solve long-term liquidity problems, he also warned that early adopters “could accumulate so much of the coin that they wield too much influence over the city's revenues.” Article
     
  • Central Florida News 13 – February 11, 2022
    A story about the real estate market in Central Florida pointed out that anyone currently in the market to purchase a home likely has a story about being outbid, dealing with sky-high, overvalued home prices or navigating a dwindling supply of inventory. Renters are feeling the pinch as well. New research from a team of real estate economists from Florida Atlantic University and Florida International University shows that Lakeland and Tampa are the most overvalued markets in the state. Article
     
  • WSFL-TV – February 11, 2022
    In a story about the potential uses of cryptocurrency, discussed a new paper by Hemang Subramanian, associate professor of information systems and business analytics of FIU, exploring how crypto and the blockchain can be used to store personal healthcare data through NFTs or non-fungible tokens. Owners of these tokens can be verified through unique data that acts as a digital fingerprint. “It could potentially streamline a lot of complicated systems,” he said. Article
     
  • Arch20.com – February 8, 2022
    Designed by Kohn Pedersen Fox Associates, the Florida International University Alvah H. Chapman Jr. Graduate School of Business serves as an academic mixed-use facility accommodating faculty and administrative offices, conference rooms, auditorium, as well as two open public courtyards. Article
     
  • NBC6 Miami – February 7, 2022
    In a story about the increasing number of Florida workers leaving their jobs every month, Marc Weinstein, clinical professor of global leadership and management, explained that if a company can’t find employees now, they’re not being competitive. “People in low wage jobs, they want better jobs. Better jobs not just in terms of compensation, but greater stability,” he said. Watch It
     
  • Florida Trend – February 7, 2022
    A story about the housing market in South Florida included findings from the Beracha and Johnson Housing Market Ranking, which showed that the market continues to be overvalued compared to its long-term pricing trend, though not as much as other metropolitan areas in the state. Homes in South Florida are about 21% overvalued in terms of where their pricing should be, according to the report from researchers at FIU Business and Florida Atlantic University. Article
     
  • NBC6 Miami – February 3, 2022
    In a story about the $5.25 million donation the City of Miami received from cryptocurrency initiative MiamiCoin, Pouyan Esmaeil Zadeh, professor of information systems and business analytics, explained that 30% of mining rewards are allocated to a wallet for the city. “Any person in the world ... if they want to contribute to Miami, if they like Miami, that person can buy the MiamiCoin,” he said. Watch It
     
  • RetailWire – February 3, 2022
    A story about the role of feedback for employees and leaders cited research led by Ravi Gajendran, chair of the global leadership and management department. The research found that “Since being more empathetic essentially makes leaders more likely to ‘catch’ others’ emotions, a strong negative emotional reaction from the recipients could spill over onto the high-empathy leaders, affecting their own emotional states and thus their performance.”  Article
     
  • Retail Dive – January 31, 2022
    In a story about whether supply chains will be rebuilt for the future or if the industry reverts back to "normal" once the current backups in the system ease, Craig Austin, an assistant teaching professor of marketing and logistics explained that warehousing, freight and other expenses related to stockpiling raises overall costs for retailers, who are passing the costs on to consumers. "It's no longer a just-in-time world. It's a just-in-case world — just in case we don't get it," he said. Article
     
  • South Florida Sun Sentinel - January 28, 2022
    In a story about the housing market in South Florida, the Beracha and Johnson Housing Market Ranking showed homes are about 21% overvalued. historical trends showed that the average expected home price for December was $327,438.8. Instead, the average home price is $397,603. “Mortgage rates have been near historic lows for the last two years and have helped keep housing demand strong through the pandemic,” said Eli Beracha, director of the Hollo School of Real Estate. Article
  • Harvard Business Review – January 27, 2022
    In an article about how giving negative feedback impacts the person delivering it, Ravi Gajendran, associate professor of global leadership and management, and his co-authors explained that the impact depended on how empathetic the leaders were. “High-empathy leaders became less effective at core leadership tasks after giving negative feedback.” Researchers offered strategies including encouraging more-empathetic leaders to take breaks after giving negative feedback and training less-empathetic leaders on techniques for delivering feedback more compassionately. Article
  • GlobeSt.com – January 27, 2022
    The standard investment advice of buy low, sell high is getting harder to realize in 33 of the hottest metro residential markets, according to researchers at Florida Atlantic University and Florida International University. And of that group, seven are in Florida and another four, in Ohio. “The nation’s most overvalued market remains Boise, Idaho, where buyers pay about 77 percent more than they should, based on past pricing trends,” says the study. Article
  • WFTS ABC – January 26, 2022
    In a story about the most inflated U.S. housing markets, researchers at Florida Atlantic University and Florida International University found that Lakeland and Tampa rank first and second when it comes to Florida's most overvalued cities. Florida has seven cities on the list. Lakeland is currently the most overvalued housing market in the state, with buyers paying 42.54% more for homes than they should be. Tampa follows is second, with buyers paying 41.46% more. Article
  • WPTV NBC5 – January 25, 2022
    In a story about overvalued housing markets according to the latest Beracha and Johnson Housing Market Ranking report, Eli Beracha, director of the Hollo School of Real Estate at FIU explained that mortgage rates have been near historic lows and have helped keep housing demand strong through the pandemic. “Now we’re seeing rates rise, and that’s going to take some buyers out of the market and curtail price gains,” he said. Article
  • Fox 13 – January 25, 2022
    In a story about housing market prices in the U.S., the Beracha and Johnson Housing Market Ranking report from Florida International University and Florida Atlantic University revealed that housing in Salt Lake City, Provo and Ogden was among some of the most overvalued in the U.S. Buyers in Ogden are paying over 53% more than they should to buy a house, while that number is 51.17% for Provo and 48.51% for Salt Lake City. Article
  • The Hill – January 23, 2022
    In an op-ed international business professor Jerry Haar highlighted that the U.S. global competitive advantage is not in manufacturing but services, which account for over 80 percent of U.S. employment and 79 percent of GDP. One sector often overlooked is higher education. Foreign students coming to study in the U.S. generated $44 billion in 2021. “Our economy is rapidly becoming more knowledge-based and innovation-oriented, and this is where we can compete in the global marketplace,” he said. Article
  • 24/7 Wall St.com – January 21, 2022
    In a story about the high demand for prices in desirable cities and their increased prices, cited the Beracha and Johnson Housing Market Ranking report from researchers at Florida Atlantic University and Florida International University. The city that carries the largest premium for home prices is Boise City, Idaho, with a premium of 78.36%. The second-highest premium at 57.96% is in Austin, Texas. Article
  • Houston Chronicle – January 6, 2022
    A story about the price of homes in Houston cites a report from Florida International University and Florida Atlantic University that puts the city at No. 51 on the list of most overvalued real estate markets. In Houston, historical trends suggest that average home prices should have reached around $223,206 in November 2021 – but instead buyers were paying an average of $275,005 for a home. A tight inventory, strong demand and low interest rates support rising prices. Article
  • The Miami Herald – January 6, 2022
    In a story about rising home prices in the metropolitan Miami area cites the Beracha and Johnson Housing Market Ranking report from Florida Atlantic University and Florida International University reveals that they will continue to increase, but less than the most overpriced part of Florida. “Why varying results are developing between housing markets in the West and East is unclear at this time,” said Eli Beracha, director of the Hollo School of Real Estate.
  • WalletHub.com – January 5, 2022
    In an article about the best cash back credit cards, David Barman, associate teaching professor in the School of Accounting, explained that these typically have few or no limitations as to where cashback is earned. The best advice for consumers is information, do your reading and ask questions in advance. It certainly gives the most flexibility in how the consumer can use the reward. Some cards limit the amount of cashback per month or limit the amount when spent in a particular category. Article
  • Daily Beast – January 1, 2022
    In a story looking at the U.S. political and economic landscape of 2022, logistics and supply chain management professor Craig Austin, explained that prices will keep rising due to inflation. Consumers didn’t stop buying during the pandemic, they just shifted even more to online shopping, leading to backups of ships at sea and stacks of shipping containers at U.S. ports. “It's going to take a while to work yourself through that,” he said. Article
  • The Miami Herald – January 6, 2022
    In a story about rising home prices in the metropolitan Miami area cites a new study from real estate researchers at Florida Atlantic University and Florida International University reveals that they will continue to increase, but less than the most overpriced part of Florida. “Why varying results are developing between housing markets in the West and East is unclear at this time,” said Eli Beracha, director of the Hollo School of Real Estate.
  • WalletHub.com – January 5, 2022
    In an article about the best cash back credit cards, David Barman, associate teaching professor in the School of Accounting, explained that these typically have few or no limitations as to where cashback is earned. The best advice for consumers is information, do your reading and ask questions in advance. It certainly gives the most flexibility in how the consumer can use the reward. Some cards limit the amount of cashback per month or limit the amount when spent in a particular category. Article
  • Daily Beast – January 1, 2022
    In a story looking at the U.S. political and economic landscape of 2022, logistics and supply chain management professor Craig Austin, explained that prices will keep rising due to inflation. Consumers didn’t stop buying during the pandemic, they just shifted even more to online shopping, leading to backups of ships at sea and stacks of shipping containers at U.S. ports. “It's going to take a while to work yourself through that,” he said. Article