Forced water-use cuts made California more waterwise

Water use ticked up in California after the state lifted mandatory water-use cuts, but not levels before 2013 because of increased water efficiencies.

Most Californians are getting a tax deadline extension

For most Californians, this year’s tax season is a procrastinator’s dream come true. While most of the nation toils to meet next week’s April 18 filing deadline, just about all income tax payers in California don’t have to file their federal or state tax returns until Oct. 16 – thanks...

By David Danelski | | Business

COVID-19 lockdowns reduced disease spread but with costs

The lockdowns at the beginning of COVID-19 pandemic reduced the spread of infection by an estimated 56%, a recent study has found. If all governors did not issue any lockdowns until April 23, 2020, the number of cases would have been five times higher by April 30, 2020, the study...

By UCR News | | Business, Health

Women on corporate boards increase company buyout value

The presence of women board members increased the value of companies targeted for acquisition by as much as 5%, study found.

By David Danelski | | Business

UCR-led analysis seeks online advertising protocols for data transparency, consumer privacy, and brand safety

Several Internet business experts see a technology that has made cryptocurrencies possible as a panacea to today’s online advertising accountability woes that stem from ad-tech giants hoarding the ad engagement data in their walled gardens. These experts now call for “Blockchain” technology to provide transparency to level the playing field...

By David Danelski | | Business, Science / Technology

UCR report explores consequences of high cost housing in the Inland Empire

A report released by the University of California, Riverside, probes Inland Southern California's high rates for cost-burdened households and details the consequences. Entitled “Housing and Sustainability in the Inland Region: Affordability, Equity, and Changing Demographics,” the report cites research that found 41.5% of the households in the region are cost-burdened...

By UCR News | | Business, Social Science / Education

Does Ticketmaster have a monopoly?

Two UCR experts to weigh in on whether Ticketmaster is a monopoly and should be subjected to antitrust action.

By UCR News | | Social Science / Education, Business

Pandemic left behind, the Inland Empire economy flourished in 2022

Despite the recession drumbeat getting louder in many quarters across the nation, the Inland Empire’s economy is not only showing strength, but is outstripping California’s other major metros and the state as a whole along some very key measures, according to an analysis released today by the UC Riverside School...

By Victoria Pike Bond | | Business

'Rockonomics' professor: Ticketmaster gets a bad rap

A chaotic rollout of tickets for Taylor Swift’s upcoming tour has drawn renewed scrutiny of whether Ticketmaster unfairly dominates the ticketing industry. We asked Carolyn Sloane, a UC Riverside economics professor, whether Ticketmaster has outsized influence on ticket prices. Sloane teaches a "Rockonomics" course and is a "Swiftie" — a...

By J.D. Warren | | Social Science / Education, Business

Business activity in the Inland Empire is still on the rise and expected to continue growing in 2023

Business activity in the Inland Empire has continued to rise and despite the turbulence in today’s macroeconomy, is forecast to continue its upward climb in the near-term future. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and...

By Victoria Pike Bond | | Business

School of Business launches new actuarial science degree program

UC Riverside’s School of Business is now offering a degree in actuarial science, providing a direct path for students seeking careers in finance and insurance. Actuarial science is a discipline that involves assessing financial risks using mathematical and statistical methods. Most who study it go on to work in high-paying...

By Imran Ghori | | Business

Black Friday & Cyber Monday: UCR experts discuss the annual shopping binge ritual

As the nation’s retailers prepare for upcoming Black Friday and Cyber Monday sales, they expect their holiday revenues to grow moderately over last year. The National Retail Federation has forecast a 6% to 8% increase to $942.6-$960.4 billion in sales. This growth would follow last year’s surge of 13.5% that...

By David Danelski | | Business

Will the U.S. economy fall into recession in 2023? Only if the Fed intensifies current tightening policies

The U.S. economy has little chance of falling into a recession this year or next unless the Federal Reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at the 13th annual Inland Empire Economic Forecast Conference, hosted by the UC Riverside School...

By Victoria Pike Bond | | Business

Inland Empire business activity growth contrasts with national decline

Business activity in the Inland Empire continued to rise in the latest numbers, standing in stark contrast to the decline in GDP at the national level, according to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development. The...

By Victoria Pike Bond | | Business

Demographic dilemma: slowing population growth, not pandemic, at the root of U.S. worker shortage

Supply chain struggles have been widely blamed for the inability to meet consumer and business demand throughout the pandemic. While fixing the supply chain should be a top priority, it is worker scarcity, driven by the lack of basic, long-term population growth that is the true underlying cause—and a critical...

By Victoria Pike Bond | | Business

Inland Empire business activity still going strong

Business activity in the Inland Empire has continued to grow, and in the context of today’s increasingly uncertain economic environment, stands in stark contrast to growth trends in the nation, according to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic...

By Victoria Pike Bond | | Business

California does not need to choose between post-pandemic economic growth and reducing carbon emissions

Surprisingly, environmental leader California has a smaller ‘green economy’ than the average U.S. state and would need to add many thousands of environmentally friendly jobs to catch up. The good news is it’s on track to do just that, according to a new analysis released today by the UCR School...

By Victoria Pike Bond | | Business

How company leaders talk about creativity can hurt investor confidence

Talking about innovation can hurt a firm’s market performance but enhance earnings

By Holly Ober | | Business

California’s creative economy bounces back but expands unevenly

New analysis tracks performance of state’s creative industries before, during, and after covid, revealing longer term direction

By Victoria Pike Bond | | Business