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June 26, 2023Edition

🔒A Thousand Words: Clark’s anonymous donation

Clark University received a $1 million anonymous donation for a new honors program, which is launching a pilot in the fall semester.

🔒Q&A: Leicester curiosity shop delights in the whimsical, witchy, and retro

Vintage Rebel Curiosity Shop in Leicester refers to itself as “We’re one of those ‘don't know you need it until you see it’ kind of stores.”

🔒Editorial: We’re not out of the woods yet

Despite the many headwinds - like the war in Ukraine and a steep rise in interest rates – unemployment remains incredibly low, and businesses are still hiring as they look to fill key positions and meet persistent demand.

🔒Viewpoint: Health inequities are a $6B economic problem

The first question for health foundations: What is causing racial disparities and inequities in health?
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Movers & Shakers for June 26, 2023

People are on the move at New England Botanic Garden at Tower Hill, Cornerstone Bank, and Thrive Support & Advocacy.

🔒How to work with a public relations firm

How you approach the task of engaging a public relations firm will likely determine the success of a PR campaign.

🔒101: Motivating top performers

Top performers tend to fall into the background as managerial attention goes to underachievers and new hires. But there needs to be a strategy to energize top performers too, or risk them getting bored, disgruntled, and looking elsewhere

🔒10 Things I know about … ChatGPT risks

Like most tools, large language models (like ChatGPT & Google Bard) can be used for good or ill purposes. Positives: generate creative content, translate languages, and debug software. Negatives: They can be used to damage reputations, spread misinformation, code malware, and conduct cyberattacks.
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🔒Viewpoint: The Central Mass. economy remains resilient

While some of the data and sentiment have improved, the key challenges we entered the year facing still linger.

🔒Late spring: The bottom has dropped out of the single-family housing market, but real estate agents see things warming up

The first half of 2023 was a difficult one for home buyers and for real estate agents as single-family home sales cratered and home prices plateaued high above pre-COVID levels.

🔒Waiting game: After early 2023 rocked the financial system, Central Mass. bankers are staying the course toward an uncertain future

After the first half of 2023 rocked the banking world and as uncertainty clouds the economic future, Central Mass. bankers are staying the course.

🔒Rough start: Midyear survey reveals WBJ readers are increasingly pessimistic about 2023

At the end of 2022, WBJ readers were more pessimistic about the future of the Central Massachusetts economy than they had been at any point in the previous 10 years. The first five months of this year only made them more pessimistic.
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🔒Helping people: The new Abby’s House leader brings a decade of experience serving vulnerable residents

As Abby’s House begins an expansion, the nonprofit’s new executive director brings a decade of experience serving vulnerable Central Mass. residents.

🔒From the Editor: Everything is going to be ok

WBJ decided to publish a Midyear Economic Update on the local business community, to see how all the major events so far in 2023 impacted people’s feelings about the rest of this year.

Developer seeks $250M demolition, renovation, expansion of Oxford affordable housing complex

Boston developer Trinity Financial proposed a complete redevelopment of its New Orchard Hills Estates affordable housing complex in Oxford.
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