U.S. home prices have kept on climbing in the pandemic housing boom, leaving many potential buyers wondering how they can afford a place of their own in this red-hot market. After a period of stability in the years following the 2008 housing crash, the current development is a steep departure from the previous trend. According to the St. Louis Fed, median prices for U.S. houses rose from approx...

In recent years, scientists have been using biomimetic tissue models—reconstructed tissues designed to replicate the attributes of living tissue—to study disease and development in the human body. The heart, however, is a different story. Even though advances in stem cell research now make it easier to grow cardiac tissue, replicating a functioning human heart in a lab remains complicated.To...

According to the World Health Organization, by 2050, half of the world’s population will be myopic. High myopia, a severe form of the problem that can lead to retinal damage and blindness, is predicted to affect one billion people.This has become the focal point of Betterlab, an innovation partner and firm based in Brooklyn, New York led by designer and strategist Todd Bracher.For its first pr...

The US economy is in an unusual state, and keeping track of the latest data isn't easy, so here are 4 key trends we're watching:1) Mortgage rates: The average 30-year fixed rate hit 5.3% this week, the highest since 2009. Higher borrowing costs could cool the US housing market — where typical prices have jumped 15% in the last year.2) Millions of quitters: More Americans are saying "I quit" th...

Gucci’s move into crypto shows that it pays to constantly push the envelope and play to win. What can other brands learn from the brand’s bold strategy? One of the best predictors of future success or failure of a luxury brand is the ability to innovate, influence, and inspire. Brands that set the tone, that disrupt, and that gain cultural influence through relevant actions that resonate with...

Yes, you heard that right. During Google I/O 2022, Google finally blew our minds with eyeglasses that literally translate what someone is saying to you before your eyes -- provided you're wearing the glasses, of course.The glasses look perfectly normal, appear to work without any assistance from a phone, and almost have us forgetting all about Google Glass.In truth, not much is known about the...

Reversals in TSR performance since the start of the year have hit innovation-driven industry sectors such as technology, medical technology, financial infrastructure, and green energy especially hard.The first quarter of 2022 saw the end of a bull market that lasted, with only brief interruptions, for more than a decade. BCG’s 2022 Value Creators rankings highlight the contrast between the rec...

I come across “neat tricks” performed by industrial robots all the time, and many of them are about as interesting as watching paint dry. ABB Robotics’ newest trick is literally that, and somehow it is mesmerizing beyond words. The industry giant released a video of its robot painting an art car. It’s a flex for the precision and flexibility of its robotics products, of course, but just loo...

Many people surveyed said they are trying to reduce the amount of sugar and salt in their diets.Two years after the biggest health crisis in a century began, more people are taking the mantra of “You are what you eat” to heart.In an exclusive survey for Adweek, market research firm YouGov got a glimpse into the food habits of more than 19,000 people across 18 countries. In addition to taking...