After years of record investments and outsized returns fueled by ultralow interest rates, 3,200 U.S. private venture-backed companies — mostly tech startups — went out of business last year. Doug Villhard at Olin Business School said the bust will cause the industry to reassess what is really important.
Initial data from Italy’s monthlong ChatGPT ban in early 2023 demonstrates the technology’s transformative impact on business and the economy, according to Olin Business School’s Jeremy Bertomeu.
Yongseok Shin, an expert on macroeconomics and economic growth, was installed as the inaugural Douglass C. North Distinguished Professor in Economics at Washington University in St. Louis during a recent ceremony.
Limor Golan, an expert in labor economics in Arts & Sciences at Washington University in St. Louis, was installed as the inaugural Laurence H. Meyer Professor at a ceremony in Holmes Lounge in March.
When it comes to competitive strategy, knowing what your competition is doing is good; understanding why they do what they do and predicting what they are going to do next is best.
When thinking about the economy, and inflation in particular, Olin Business School economics expert John Horn said it’s important to focus on larger-picture trends rather than specific details like the prices of commercial real estate, used cars or eggs. Overall, inflation is not running away, he said — it’s gliding back to the path we’d like to see of around 2%.
St. Louis City SC will stand out in Major League Soccer for its gameday experience, top-of-the-line technology and commitment to sustainability, says Olin Business School sports economist Patrick Rishe. But how much of an impact will the new team have on downtown St. Louis and the economy?
U.S. workers are cutting back on hours and that’s having a dramatic impact on domestic labor, according to new research from WashU economist Yongseok Shin.
What changes and trends could we see this year? WashU experts in areas from artificial intelligence to climate to fashion share their insights.
While there are signs the economic conditions are improving, small businesses are more likely to feel the pinch of rising interest rates, a looming recession threat and persistent labor shortages in 2023, according to Olin Business School’s Peter Boumgarden.