Posts Tagged economy

In advance of this week’s Fed meeting, Kocherlakota calls on the Fed to prohibit banks from paying dividends to shareholders. “Banks should be keeping as much capital as they can,” he says.

The Dow Jones Industrial Average has been on a wild ride in August, but University of Rochester economist Narayana Kocherlakota thinks that talk of a possible recession in the US is premature.

In his latest book, Jon Gruber puts Rochester at the top of the list of 102 cities poised to become next generation tech hubs. The MIT economist will host a panel discussion on Rochester’s potential to jump-start America.

How concerned should the investing public be about recent downturns in the stock market? While daily fluctuations make for interesting news stories, Simon Business School professor Bill Schwert advises investors to “take a long view.”

Following President Trump’s nomination of Jerome Powell to succeed Janet Yellen as chief of the Federal Reserve, Narayana Kocherlakota noted his approval of the selection.

Panelists will discuss how the pay gap continues to affect gender and labor dynamics, and address how members of the University community can work to combat inequity.

The University, which is the region’s largest employer, is the 6th largest private sector employer in the state and the largest private employer in upstate New York.

This fall, more than 350 entrepreneurship experts from the United States and abroad will arrive in Rochester for the 2016 Global Consortium of Entrepreneurship Centers, or GCEC.

Construction for the new University-affiliated High Tech Rochester (HTR) Business Accelerator is under way. The sixth floor of the former department store will undergo a $24 million renovation to create a state-of-the art business incubation facility in the heart of downtown Rochester.

PharmAdva is commercializing a technology developed at the University of Rochester Medical Center by Michel Berg, M.D. The company will be making automated home pill dispensers that prompt patients to take their medications on time and in the proper doses.