In the News

2024

  • E-Commerce Times – October 30, 2024
    In a story on an AI-powered search engine now in development at Meta, Anthony Miyazaki, professor of marketing and logistics, explained that the company has an advantage because AI integrations into search have already been tested by Google and Bing. “Starting with AI as the base for search will create a more connected search experience that likely will appeal to Meta’s Instagram and Facebook audiences,” he said.
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  • The U.S. Sun – October 29, 2024
    A story on a lawsuit that seeks to prevent the Federal Trade Commission from enforcing its new “Click to Cancel” rule that requires companies to make it easy for consumers to cancel online subscriptions, shared insight from Anthony Miyazaki, professor of marketing and logistics. He described subscription-based brands’ efforts as “questionable tactics” that force consumers through a “maze of clicks or phone calls” to stop recurring payments.
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  • Business Insider – October 24, 2024
    In a story on the fast-moving fashion microtrends on social media and their impact on impulse spending, Anthony Miyazaki, professor of marketing and logistics, described it as “the perfect profitability storm” for the businesses and influencers using them. "It's like watching a natural symbiosis where fast-fashion producers drop the products, influencers create the buzz, TikTok and Instagram facilitate the sales, and the buyers swarm the marketplace," he said.
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  • WalletHub – October 24, 2024
    In a story on the best low-interest credit cards, Deanne Butchey, teaching professor of finance, explained that a low interest rate is usually a teaser rate that rises over time. These are significantly higher than a regular loan that is not collateralized. If a loan is provided based on collateral the effective interest rate is usually low. “Most credit cards have much higher rates beyond the introductory term,” she said.
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  • The Business Journals – October 23, 2024
    In a story on the Federal Trade Commission’s approval of the “click-to-cancel” rule that requires businesses give consumers an easy way to cancel their subscriptions, Anthony Miyazaki, professor of marketing and logistics, remains ambiguous to give businesses room to innovate or use new technologies. The negative-option rule predated today’s e-commerce world, “it’s a clear example that government has a difficult time keeping pace with technological advances in the marketplace,” he said.
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  • The Food Institute – October 22, 2024
    In a story on foods labeled “organic,” industry publication The Food Institute, examined how inflation, consumer confusion about what the label actually means and questions about the value of premium prices, has impacted sales. Anthony Miyazaki, professor of marketing and logistics, noted competition from the non-organic sector. “These products may not be the healthiest, but they’re heathy enough to sway some purchasers away from the more expensive organics,” he said.
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  • The Epoch Times – October 21, 2024
    In a story on Procter & Gamble Company’s 2025 First Quarter report, which indicated a 1% percent price hike for some product categories and none for others, Anthony Miyazaki, professor of marketing and logistics, pointed to brand loyalty. “…history has shown us many times over that when people continue to buy, it’s a sign that they see sufficient value in the offerings to keep them coming back for more,” he said.
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  • WalletHub – October 21, 2024
    In a story on the best installment loans, Joshua Dorsey, assistant professor of marketing and logistics, explained that these have financial terms that are clearly outlined and understandable. Fixed rates provide stability from upward rate fluctuations, but do not allow a consumer to capitalize on rate decreases. “The ability to pay off a loan early without penalty is something everyone should find comforting and financially beneficial,” he said.
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  • WalletHub – October 17, 2024
    In a story on the states where employers are struggling the most in hiring, Yuhan Zhan, assistant professor of global leadership and management, explained that talent is becoming more selective which, in part, can be related to the influence of the pandemic. “Learning about and understanding the needs and preferences of candidates and employees plays a key role in attracting and retaining them,” she said.
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  • The National Interest – October 16, 2024
    In an op-ed Jerry Haar, professor of international business, wrote that supply chains have become a critical national security issue due to their role in maintaining the availability of essential goods, technology and defense materials. The only effective actions to protect supply chains from national security threats involve a mix of domestic investment, international diversification, robust cybersecurity measures, and strategic partnerships.
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  • CNBC – October 12, 2024
    A story looked at beer maker Constellation Brands’ relationship with Hispanic shoppers has boosted demand — and is part of why Modelo has become the best-selling beer brand in the U.S. Alexandra Aguirre-Rodriguez, associate professor of marketing, pointed to the company’s marketing and social responsibility efforts for maintaining the relationship. “Time and time again, you see that there’s that strong bond that consumers form emotionally with brands,” she said.
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  • Business Insider – October 12, 2024
    In a story on how back-to-back hurricanes Helene and Milton could exacerbate a home insurance crisis in Florida, finance professor Shahid Hamid, explained that reinsurance rates are determined by worldwide losses, and when prices increase, insurance companies pass financial responsibility to customers who end up paying higher premiums. In Florida, that will clearly have an impact, “they're going to go up quite significantly,” he said.
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  • The New York Times – October 12, 2024
    A story about the debate around hybrid work and return to office proclamations cited research from Ravi Gajendran, professor of global leadership and management, which looked at which looked at real effects of remote work. Published in Personal Psychology, the study shows the flexibility of remote work allows employees to better manage their work-life balance, leading to more positive attitudes towards their jobs and employers.
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  • Miami Today – October 10, 2024
    A story on FIU Business’s Condominium Board Member Training Certificate Program highlighted a new section on new Florida laws applying to condominium associations that took effect July 1. FIU Business dean William Hardin explained the program could be a game changer. “… what people are recognizing now is that you have to have a broad set of skills to be involved in managing condominiums or any real estate,” he said.
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  • Miami Today – October 8, 2024
    In a story on decreasing mortgage rates becoming a driver to open Miami’s real estate market, Suzanne Hollander, associate teaching professor of real estate, explained that high rates would make people more hesitant to sell and purchase another home. Declining rates might be an incentive to sell and buy. “Miami’s real estate market doesn’t behave like United State’s real estate market. Miami’s real estate market outperforms national trends,” she said.
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  • WalletHub - October 4, 2024
    In a story on the best travel credit cards, Alexandra Aguirre-Rodriguez explained that if the credit card offers discounted rates with travel partners, the consumer's dollar goes further. “For infrequent travelers, a cashback rewards card is more beneficial as the rewards can be spent to cover a prior credit card purchase, exchanged for gift cards or… deposited in one's bank account,” she said.
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  • WIOD Manny Munoz - October 2, 2024
    Are longshoremen being reasonable in union demands, what does strike mean for supply chains, our economy, the average American? Craig Austin, associate teaching professor of logistics and supply chain management, offered an in-depth discussion on the live radio show.
    Listen
     
  • Telemundo 51 - October 2, 2024
    A story on the dockworkers striking at East and Gulf Coast ports, examined how it would impact the economy and consumers’ wallets. Logistics professor Ron Mesia explained that it would be felt first at supermarkets. “Todo va a depender de como las compañías empiezan a almacenar sus productos y tratar de darle duración a los productos que tienen en los almacenes,” he said.
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  • The Published Reporter – October 1, 2024
    In a story on the impact of the dockworkers’ strike at 14 U.S. ports, Craig Austin, associate teaching professor of logistics and supply chain management, noted that as the U.S. receives between 60% and 80% of total consumer goods via ship, the industry loss could reach $4 billion per day. “It’s a substantial sum of money, even if you don’t plan to pay these employees,” he said.
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  • El Nuevo Herald - October 1, 2024
    In a story on how a prolonged dockworkers strike will affect South Florida with a shortage of products and increased prices, logistics professor Craig Austin explained that the impact could be felt on something as simple as bananas coming from Central America or liquor. "Podría ser también automóviles, piezas de autos. Muchas otras cosas.”
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  • CBS News Miami - October 1, 2024
    But a one-week strike could cost the U.S. economy nearly $3.8 billion and increase the cost of consumer goods, Some economists say a prolonged strike could lead to retail shortages. "We're talking about it could be something as simple as bananas out of Central America. Alcohol," Craig Austin, an associate Professor at Florida International University specializing in logistics and supply chain issues, said. "It could be automobiles, car parts."
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  • ABC 10 Miami - October 1, 2024
    In a story on the work stoppage by dockworkers at PortMiami, Port Everglades and up the eastern seaboard, logistics professor Craig Austin explained that we get a lot of things like bananas and other perishable produce and imported foods from those container ships, along with building materials, electronics, furniture and everyday goods. “The longer this goes, the more expensive and the more painful it's going to be for all of us,” he said.
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  • NBC 6 Miami + Associated Press - October 1, 2024
    The work stoppage impacts at least 14 ports from Maine to Texas, including Port Everglades and PortMiami. The economic ripple effects could be severe. Craig Austin, an Associate Professor of Logistics and Supply Management at FIU, said it could cost the industry more than $4 billion per day. “That’s a lot of money… regardless of what you’re going to pay these workers. So, the question becomes when do you settle?” Austin said.
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  • NBC 6 - September 30, 2024
    In a story on PortMiami preparing for a potential dockworkers strike, Craig Austin, Craig Austin, associate teaching professor of logistics and supply chain management, explained that it could cost the industry more than $4 billion per day, with price hikes and shortages possible within weeks if the strike continues. “That’s a lot of money… regardless of what you’re going to pay these workers. So, the question becomes when do you settle?” Austin said.
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  • Sun Sentinel - September 29, 2024
    In a story on condominium associations’ requirement to provide the Milestone Inspection report and Structural Integrity Reserve Study after a buyer signs an agreement to purchase a unit, Suzanne Hollander, associate teaching professor at FIU’s Hollo School of Real Estate, explained that it can help them avoid a costly mistake. They also need to “read about the budget and they need to read the rules and regulations,” she said.
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  • Hecho en California - September 19, 2024
    Deanne Butchey, profesora de finanzas en la Universidad Internacional de Florida, explicó a Layron Livingston de Local 10 la importancia de este recorte, describiéndolo como una señal de posibles preocupaciones económicas. “Significa que han observado datos adicionales que son un poco preocupantes, lo que podría indicar la posibilidad de una recesión,” dijo Butchey.
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  • NBC 6 Miami - September 18, 2024
    A story on how Esports have soared in popularity, so much so that gamers are turning their love and passion for gaming into careers, showcased the FIU Business esports certificate program that’s readying students to succeed in the fast-growing industry. The program is designed for students who want to pursue a career in the multibillion-dollar gaming industry.
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  • Latin Trade - September 17, 2024
    In an op-ed Jerry Haar, professor of international business, wrote that corporate espionage and corruption go hand in hand, creating massive damage to economies that can least afford it. And continues to plague the Western Hemisphere. The region’s increasing focus on cybersecurity, legal reforms, and international cooperation are key steps in combating this issue—steps that will yield benefits for companies, governance and the public at large.
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  • ABC Local 10 - September 16, 2024
    A story on the Federal Reserve’s half-point interest rate cut examined the potential impact on Miami-Dade’s economy and housing market. Deanne Butchey, teaching professor of finance, noted there may be evidence of additional data that’s a bit concerning, and it could signal the possibility of a recession. The decision to reduce rates follows a period of rapid increases. “Rates went up too high, too fast,” she said.
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  • Palm Beach Post - September 15, 2024
    In a story on Publix purchase of several shopping centers in Florida, Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate, explained that making large real estate acquisitions allows Publix to collect rent from tenants and determine what businesses surround it. “Publix is really a real estate company that sells groceries," she said.
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  • Esports Insider - September 13, 2024
    A story on the launch of Florida International University’s esports lounge in collaboration with gaming PC brand Alienware highlighted the launch of FIU Business’s esports marketing certificate program.
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  • Newsgroove UK - September 13, 2024
    A story on the launch of Florida International University’s esports lounge, in collaboration with gaming PC brand Alienware, highlighted the launch of FIU Business’s esports marketing certificate program.
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  • South Florida Business Journal - September 11, 2024
    A story introduced Florida International University’s College of Business and Chaplin School of Hospitality & Tourism Management will launch a hospitality concentration in the Doctorate in Business Administration program in spring 2025.
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  • WalletHub - September 10, 2024
    In a story on the new iPhone, a WalletHub survey found that 63% of Americans won’t buy a phone this year due to inflation. Marketing professor Kimbery Taylor explained that waiting a little bit longer would allow them to save more and for prices to come down a bit. “Going into debt for a phone, which you might only have for a few years, seems ill-advised,” she said.
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  • Miami Herald - September 3, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that corruption among nations is a malady that can be acute or chronic—or in the case of Venezuela, both. By combining diplomatic, financial, and legal tools, the U.S. can increase pressure on the Maduro regime while supporting the Venezuelan people in their struggle for a more democratic and transparent government, he wrote.
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  • The Globe and Mail - August 30, 2024
    A story in the Canadian newspaper about how employers are discovering that work-life flexibility is on most employees, not just Generation Z, minds cited research from Ravi Gajendran, professor of global leadership and management, which found that, “remote workers generally have better outcomes than their office-based colleagues” in the work they deliver.
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  • Miami Herald - August 29
    A story on the final evacuations of Heron Pond Condominiums, a structurally unsound 1980s-era complex, real estate professor Suzanne Hollander explained that as condo living became more popular in the 1970s and 1980s, unit owners rarely set money aside for maintenance. “If you don’t take care of the building… and unfortunately, there are many condominiums in the state of Florida right now that kicked the can on the maintenance,” she said.
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  • MoneyGeek - August 27, 2024
    In a story on the best credit cards for balance transfer, Arun Upadhyay, professor of finance, explained that factors to consider are credit and cash withdrawal limits, interest rates and other fees such as late payment or minimum amount payable. “To the extent that balance transfers allow one to continue large credit balances, users could be adversely affected by the longer durations of large outstanding credit amounts,” he said.
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  • Forbes - August 22, 2024
    A story previewing vice president Kamala Harris’s speech accepting the presidential nomination, Jerry Haar, professor of international business, noted that trade will not be a priority in her administration because it earns her nothing and is too contentious. It might be mentioned “in passing, or only about bringing jobs back to America and the need for a strong industrial policy — policies for the middle class — the usual stuff,” he said.
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  • CBS Miami – August 15, 2024
    In a story on how decreasing inflation and increased credit-card delinquency in some South Florida cities, Deanne Butchey, teaching professor of finance, explained that prices are still going up but at a slower pace. Some increases in house prices and rental prices will continue. “We are borrowing more using credit card debt… we have to start by controlling our expenses a little bit better,” she said.
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  • HipLatina - July 25, 2024
    A story on Latinas who are making an impact and raising awareness of the disabled experience showcased Paula Carozzo a disability activist, influencer, model, and speaker who graduated from Florida International University with a Bachelor’s in Public Relations and Business. Upon graduation awareness about disability, especially when it came to inaccessibility, stereotypes, and poor treatment.
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  • Miami Herald - July 19, 2024
    In an op-ed, Modesto “Mitch” Maidique, FIU president emeritus and professor of global leadership and management, noted that Joe Biden likely can’t win, but leadership hubris won’t let him see it. Power, just like crack cocaine, opium, and, in extreme cases marijuana, is addictive. The second is hubris. Attaining such a position can lead to excessive pride – especially after several attempts in a lifelong career aspiring to the position, he wrote.
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  • StateScoop - July 17, 2024
    A story in the state and local government market publication StateScoop cited work from Andrea Patrucco, assistant professor of marketing and logistics, to learn how cities and states are using generative AI. “When there are multiple parties involved, this is where the duration of the procurement process becomes massive,” he said, adding that that more complex projects require more communication.
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  • WalletHub - July 9, 2024
    In a story on savings accounts for a child or adolescent, Deanne Butchey, teaching professor of finance, suggested a tax-deferred account for college and a regular savings account, preferably a money market account offering higher interest rates. “We need to teach them early on about banking policy, credit card debt or the value of investing in alternative investments,” she said.
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  • Newsweek - July 3, 2024
    A story on home prices in the Detroit metro area cited research from FIU Business and Florida Atlantic University that indicates these were nearly 41 percent overvalued. “The only question is how local home prices will return to a given area's long-term pricing trend," said Eli Beracha, director of FIU’s Hollo School of Real Estate.
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  • Mortgage Professional America - July 2, 2024
    A story in this industry magazine and newsletter cited research from FIU Business and Florida Atlantic University on overvalued housing markets. Eli Beracha, director of the Hollo School of Real Estate, pointed out the uncertainty in how local markets will adjust. “Will it be quickly with a steep fall in home prices extinguishing all worries of affordability?” he said.
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  • The Hill - July 2, 2024
    An op-ed on conflicts over return-to-office initiatives cited research from Ravi Gajendran, professor of global leadership and management, which looked at real effects of remote work. Published in  Personal Psychology, the study shows the flexibility of remote work allows employees to better manage their work-life balance, leading to more positive attitudes towards their jobs and employers.
    Article
     
  • Detroit Metro Times - July 1, 2024
    A story on Detroit’s overvalued housing market cited research from FIU Business and Florida Atlantic University. Eli Beracha, director of the Hollo School of Real Estate, indicated housing prices are inevitably going to fall. “The only question is how local home prices will return to a given area’s long-term pricing trend,” he said.
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  • Miami Herald - July 1, 2024
    In an op-ed, Jacqueline Bueno Sousa, director of business operations for executive education at FIU Business, wrote that new laws beginning to hold Florida’s community associations to higher standards as a step toward progress. “Our lawmakers may not have done this thing exactly right, but they most certainly are doing the right thing,” she wrote.
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  • Inbound Logistics - July 2024
    In a story that asked supply chain educators to name the most significant change in course content since the pandemic, marketing professor Anthony Miyazaki pointed to the flaws and weaknesses in supply chains across the world. This led to enhanced training of students to building integrated systems… “that have strong contingency systems to compensate when supply chain failures occur,” he said.
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  • Benzinga - June 27, 2024
    A story on the most overvalued housing markets cited research from FIU Business and Florida Atlantic University that ranks the top 100 most overpriced or underpriced metro areas in the U.S. As the most overvalued, Detroit prices are 40.79% above what they should be. In No. 2 is Atlanta, where they’re 40.37% more than their estimated value.
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  • Latin Trade - June 27, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that “lethargic” best describes Latin America’s perennial challenge to grow its economy and create prosperity for its people. The good news is that most nations in Latin America are actively pursuing and implementing policies to reform their bureaucracies focusing on improving transparency, reducing corruption, and enhancing efficiency.
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  • Key West Citizen - June 22, 2024
    Mayor Teri Johnston and the Key West City Commission teamed up with Florida International University’s Florida Small Business Development Center to recognize IV Hydration Station as the winner of the 2024 Woman-Owned Small Business of the Year for Monroe County. Itwas founded in December 2020 by emergency room nurses Suzyjo Moore and Bobbie Vurro.
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  • CoStar News - June 21, 2024
    A story on Detroit becoming the most overvalued housing market in the U.S. cited research from FIU Business and Florida Atlantic University indicating that at the end of May the average home price in Detroit was $254,325. But it should be only $180,642 based on publicly available price growth data dating back to 1996.
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  • Motley Fool - June 19, 2024
    A story about selecting homeowners insurance and determining coverage for potential causes of loss. Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate, explained that the impact of climate change will lead to increased insurance premiums in locations prone to these types of natural events.
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  • Florida Trend - June 19, 2024
    A story on Florida’s higher education institutions that have programs tailored to generate talent for area employers, highlighted FIU’s College of Business ATOM Think Tank (Analytics, Technology, Optimal Learning and Mentorship), established to try narrowing the gap students may have between theory and practice, especially when it comes to technology and research.
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  • GlobeSt. - June 18, 2024
    In a story about the real estate landscape in Sun Belt cities, Eli Beracha, director of FIU's Hollo School of Real Estate, noted that some metropolitan areas in Texas are beginning to offer home buyers some relief and could signal an overall trend toward slowing home prices across the region.
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  • WalletHub - June 18, 2025
    In a story about the best personal loans that offer guaranteed approval for people with bad credit, Joshua Dorsey, explained that although loans may occasionally be necessary in life, they should be used sparingly. Never accept an interest rate that cannot be reasonably repaid. “Bad credit is expensive, to be sure,” he said.
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  • South Florida Business & Wealth - June 17, 2024
    In a story about lawsuits involving commissions paid to real estate buyers’ brokers, Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate, noted these will lead to increased commission negotiations. “These new changes will lead to more competition that will help buyers and sellers, as well as innovations in compensating brokers,” she said.
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  • The Hill - June 17, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that while countries are increasingly cracking down on the black market, the “gray market” has not received much attention — mainly because it is not illegal. Nonetheless, it does have serious, negative effects on global trade, even though certain groups of consumers may benefit.
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  • Wilson Center - June 11, 2024 
    In an op-ed, Jerry Haar, professor of international business, wrote that the COVID-19 pandemic exposed weaknesses in the U.S. and Mexican supply chains for pharmaceuticals, medical devices and personal protective equipment. The reliance on imports of active pharmaceutical ingredients and finished products, including from China and India, placed our countries in a vulnerable, and previously underappreciated position. 
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  • WalletHub - June 6, 2024
    In a story U.S. unemployment, Christopher Altizer, adjunct lecturer of global leadership and management, noted that while those employed in hot jobs will always have the advantage, the ability to advance by hopping jobs or crossing into a new discipline will remain a challenge. “Keeping up with AI practices will be a huge advantage to job seekers,” he said.
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  • The Outcome - June 2024
    In a story on this data analysis report about Aldi’s transition from a niche discount grocer that is now expanding its footprint and its customer base, Anthony Miyazaki, professor of marketing, described the main factor in Aldi’s growth is its no-nonsense, low-budget approach to a retail environment “that suggests to consumers that its prices are low while maintaining sufficiently high quality.
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  • Wired Reports - June 2024
    In a story in this emerging technologies report, Dan Prud’homme, assistant professor of international business, cited factors that will keep Asian-style super apps from the U.S. and western markets in the near future. These include more competition and less customer capture by any one app and the comparatively slow adoption of digital payment systems [in the West].
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  • News from the States - May 29, 2024
    A story in this national news service reported that more than half of the U.S. jobs created in the past five years have come in Texas and Florida. But in Florida, wages haven’t kept up with inflation, according to a report by FIU’s Center for Labor Research and Studies. “It is a tale of rich and poor,” said Ravi Gajendran, professor of global leadership and management.
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  • Wilson Center - May 24, 2024
    In an op-ed Jerry Haar, professor of international business, wrote that for Latin American economies that depend on exports, overcoming tariff and non-tariff barriers is not straightforward. One option for facilitating trade is to increase the efficiency of seaports, to promote regional integration and give Latin America a greater role in global supply chains.
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  • MarketScale - May 23, 2024
    In a story in this business-to-business media network, which discussed asset tokenization, Craig Austin, associate teaching professor of logistics and supply chain management, explained how the financial industry has prepared blockchain technology for the scale of logistics use cases, and where the supply chain most needs blockchain technology.
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  • CBS 4 - May 17, 2024
    In a story on credit card borrowers nearly maxed out of their available credit, Deanne Butchey, teaching professor of finance, advised that cancelling credit cards isn’t wise and consumers should ask banks to increase their limit. “If you don't touch that principal amount that you're owing in three years that principal amount doubles,” she said.
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  • Latin Trade - May 17, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that any positive collateral impact of the global pandemic, has been the rapid evolvement of biotechnology to effectively address global challenges. One such country is Brazil where the government’s new industrial policy plans to invest $60 billion in biotechnology, chip development and related field of science and technology.
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  • WLRN-South Florida - May 16, 2024
    In a story, broadcast on the public radio station, on the growth of remote work, Ravi Gajendran, professor of global leadership and management, explained that it has small but positive effects overall. The only downside he found was the more days one works out of the office, the more isolated one feels. 
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  • Florida Weekly, Key West Edition - May 16, 2024
    The Florida Small Business Development Center at FIU Business (FSBDC) welcomes new Key West business consultant, Christine Chaloupka. She will specialize in providing one-on-one consulting and training at no cost to clients in the Key West area. The FSBDC receives federal and state funding to help small businesses start, grow, and succeed.
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  • Success Magazine - May 15, 2024
    In a story in Success Magazine, focused on personal and professional development, about the benefits and drawbacks of remote work for Gen Z employees, Ravi Gajendran, professor of global leadership and management, noted they start at a disadvantage. “They don’t have the same opportunities for mentorships, to build relationships, to be included in the networks,” he said.
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  • MarketScale - May 10, 2024
    In a story in this business-to-business media network, which discussed the increase of smart lockers offering secure and efficient management of packages, documents, and other assets, Craig Austin, associate teaching professor of logistics and supply chain management, explained that “… the integration of modern lockers is helping optimize operational efficiency and reducing loss.”
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  • Miami Herald - May 6, 2024
    Third annual North Miami Beach Small Business Summit & Expo will provide local businesses with resources and opportunities to expand their reach. North Miami Beach also conducts a five-week series with support from Google and a five-part series with Florida International University’s Small Business Development Center to support entrepreneurs.
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  • Fortune – May 1, 2024
    A real estate report cited the latest report from FIU Business and FAU, which describes the combination of rising housing premiums and mortgage rates is “a potential worrying sign for the housing market.” They found the average home in the region is nearly 35% overvalued relative to its long-term pricing costs.
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  • GlobeSt.com – May 1, 2024
    A story on Miami’s overvalued home prices in GlobeSt.com, a leading national source for real estate industry news, cited the latest report from FIU Business and FAU. Eli Beracha, director of the Hollo School of Real Estate, said “it is a tossup between renting and reinvesting monies that would have otherwise been put into ownership…”
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  • Newsweek – April 30, 2024
    A story on Florida's rising home prices cited the latest real estate research from FIU Business and FAU. The report indicates that soaring housing premiums in the Miami market are "a potential worrying sign for the housing market," even as rents slow down and interest rates remain high.
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  • MarketScale – April 26, 2024
    In a story on the surge in RFID, Craig Austin, associate teaching professor of logistics and supply chain management, explained that the stakes are high for retail industries and the effective integration of such technologies could redefine competitive edges and customer satisfaction in retail.
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  • WalletHub – April 1, 2024
    In a story about Cheap SR-22 insurance, Arun Upadhyay, professor of finance, explained that if you must file the SR-22 form you will need to have an insurance policy. He added that SR-22 is not an insurance but is a form that proves that you have an auto insurance policy that meets the minimum coverages required by law. “Some insurance companies might view the existence of SR-22 as an indication of high-risk driving leading to a rise in the insurance premium,” he said.
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  • MoneyGeek.com – March 21, 2024
    In a story about how to choose the best bank, Deanne Butchey, teaching professor of finance, noted that while deposits are insured for up to $250,000, customers should ensure that the bank is well managed and well capitalized because poor economic conditions and bank losses can impact the ability to get your deposits back. “The earlier one learns to save and becomes financially literate, the better,” she said.
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  • Wired – April 17, 2024
    In a story about a new trend in which developers build apartment complexes for Airbnb, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that the concept is still untested and the city could change rules around rentals. “Basically you buy a large hotel room,” he said.
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  • Tech News Insight – April 15, 2024
    In a report on converting shopping malls into residences, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that While the empty lots might be considered for mixed-use space because of their prime location, putting the idea into action isn’t that simple. “It’s extremely, extremely difficult to convert a shopping mall into residential space just by altering space,” he said.
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  • NBC Miami – April 14, 2024
    In a report on converting shopping malls into residences, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that While the empty lots might be considered for mixed-use space because of their prime location, putting the idea into action isn’t that simple. “It’s extremely, extremely difficult to convert a shopping mall into residential space just by altering space,” he said.
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  • Hypermedia Magazine – April 14, 2024
    En respuesta a la grave escasez de viviendas en Miami, una nueva tendencia es la transformación de centros comerciales en unidades residenciales. Eli Beracha, director de la Escuela Hollo de Bienes Raíces de la Universidad Internacional de Florida, señala que las ubicaciones estratégicas de estos centros comerciales los hacen ideales para la reurbanización, aunque retos como la zonificación y las conversiones estructurales requieren una inversión y planificación significativas.
     
  • Florida Politics – April 11, 2024
    A story on how prices for buying homes sunbelt states, including Florida, are climbing so high that renting may be a better option how cited the “price-to-rent ratio” report from FIU Business and Florida Atlantic University. “Regardless of cause at this point, home pricing has simply outstripped rents, placing downward pressure on prices in these metros,” said Eli Beracha, director of FIU Business’s Hollo School of Real Estate.
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  • Miami Today – April 9, 2024
    In a story on the potential impact interest rate changes may have on certificate of deposit sales, Manuel Lasaga, clinical professor of finance at FIU Business, noted that if these begin to decline banks may prefer other types of deposits. “Shorter-term deposits, where let’s say deposits that pay significantly lower interest rates like savings deposits or other forms, money market accounts versus the CD,” he said.
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  • El Nuevo Herald – April 9, 2024
    A story about programs that provide assistance to small businesses in Miami-Dade County highlights BizGap – established by Florida Small Business Development Center at FIU Business and U.S. Rep. Maria Elvira Salazar (FL-27). BizGap, que se nutre de una subvención de $650,000 para proyectos comunitarios de la Administración de Pequeños Negocios de Estados Unidos, asistirá a 1,000 pequeños negocios del Distrito 27 en un año.
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  • CBS Miami – April 8, 2024
    In a report on how business schools are redefining their curriculums to incorporate artificial intelligence, Lina Bouayad, associate professor of information systems and business analytics, explained how FIU Business revised the MBA in Business Analytics program into an MBA in Artificial Intelligence. “We provide real business scenarios and students get to complete hands-on projects using AI within the business,” she said.
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  • South Florida Business Journal – April 3, 2024
    A story about the impact of inflated South Florida home prices and uncertainty over commission rule changes from the National Association of Realtors' settlement will have on local realtors, cited research from FIU Business and Florida Atlantic University. According to the Beracha, Hardin & Johnson National Price-to-Rent Ratios Monthly Report the average price for both condos and houses in South Florida was $477,917 as of February 29.
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  • MoneyRates – April 3, 2024
    In a story about home title fraud, Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate, explained that the issue is often misunderstood. “Home title fraud is essentially a burglar stealing your entire house and maybe even selling it to someone else while you are living in it – and without your knowing about it,” she said.
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  • MarketScale – April 2, 2024
    In a story on innovations in drone technology and how AI-driven safety protocols are paving new paths for efficiency and security in logistics solutions, Craig Austin, associate teaching professor of logistics and supply chain management, explained that a range of companies using AI and artificial intelligence to expand and beef up the capabilities of their drones. “… means that we’re a step closer to getting packages via drone,” he said.
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  • Bisnow – March 26, 2024
    In a story about Miami’s gains in leasing from the companies that service financial market leaders, Suzanne Hollander, assistant teaching professor at the Hollo School of Real Estate, explained that these institutions “… don't have to justify why they're choosing South Florida as a headquarters or as a place that they're going to be doing business.” Bisnow is a business-to-business e-newsletter focused on commercial real estate.
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  • The Business Journals – March 25, 2024
    A story on the debate between renting and owning property cited the BHJ National Price-to-Rent Index produced by FIU Business and Florida Atlantic University. Markets such as McAllen, Texas and San Jose, California, posted the highest price-to-rent premiums at 22.7% and 22.5%, respectively. This suggests that in these locations, tenants may get more bang for their buck compared to buyers.
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  • NBC Miami – March 24, 2024
    In a story on the growing number of skyscrapers in Miami, which now has 25 under construction, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that it’s a sign that people want a different way of living that could bring economic growth to the area. “The only way that you can really grow here in Southeast Florida is going up," Beracha said.
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  • Cuba en Miami – March 24, 2024
    ¿Sabía que Miami ocupa el tercer lugar entre las ciudades con rascacielos más altos de EEUU? La ciudad del exilio se encuentra entre las de más rápido crecimiento en términos de altas edificaciones en el país. Eli Beracha, profesor y director de la Escuela de Bienes Raíces Tibor y Sheila Hollo, “la única manera de que realmente se pueda crecer aquí en el sudeste de Florida es hacia arriba.”
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  • Infobae (Argentina) – March 26, 2024
    Miami ocupa el tercer lugar en Estados Unidos por la cantidad de edificaciones altas, situando a la ciudad en un notable proceso de expansión vertical. Según Eli Beracha, profesor y director de la Escuela de Bienes Raíces Tibor y Sheila Hollo, la construcción de estos rascacielos, aunque dirigida a un segmento del mercado de mayor poder adquisitivo, podría generar empleos y dinamizar diversas áreas de la economía local.
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  • Radio Monumental (Costa Rica) – March 26, 2024
    La creciente silueta de Miami, marcada por un horizonte en constante transformación debido a la proliferación de rascacielos, señala un importante cambio en su estructura urbana y demográfica. Eli Beracha, profesor y director de la Escuela de Bienes Raíces Tibor y Sheila Hollo, ve en la expansión un potencial para el crecimiento económico y la creación de empleo, señalando que el desarrollo responde a una demanda del mercado.
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  • MoneyGeek – March 24, 2024
    In a story on the best credit cards for consumers with no credit, Deanne Butchey, teaching professor of finance, explained that a person with no credit history and, as a result, a low FICO will only be able to access a credit card without either paying a high APR or by using a credit card that is backed with collateral or a bank account.
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  • GlobeSt.com – March 21, 2024
    A story about state housing markets most likely due for a price correction, cited the BHJ National Price-to-Rent Index, research from FIU Business and Florida Atlantic University. “Regardless of cause at this point, home pricing has simply outstripped rents, placing downward pressure on prices in these metros,” said Eli Beracha, director of the Hollo School of Real Estate at FIU Business. GlobeSt. is a leading source of news, analysis and intelligence on commercial real estate.
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  • U.S. News & World Report – March 21, 2024
    In a story about how any undergraduate major can lead to business school, Angel Burgos, executive director of graduate programs at Florida International University's Chapman Graduate School of Business, explained that applicants with diverse academic backgrounds are welcome. Work experience is key. “We look at management experience, of course, we look at relevant jobs in the business sector,” he said.
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  • WTOP News – March 21, 2024
    In a story about how any undergraduate major can lead to business school, Angel Burgos, executive director of graduate programs at Florida International University's Chapman Graduate School of Business, explained that applicants with diverse academic backgrounds are welcome. Work experience is key. “We look at management experience, of course, we look at relevant jobs in the business sector,” he said.
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  • WalletHub – March 21, 2024
    In a story about business bank accounts, Joshua Dorsey, advanced assistant professor of marketing, explained that before starting one, the business must be viable. Consumers must make sure that the company has a proper business plan, potential client base and other necessary infrastructure. “If your business is not yet ready, these will quickly become your personal obligations,” he said.
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  • WalletHub – March 20, 2024
    In a story about credit cards for people with excellent credit, Deanne Butchey, teaching professor of finance, explained that When the economy is doing well there are less chances that people default on their debt. Therefore, credit card companies will be more liberal in their criteria of excellence. However, if there are increased chances of poor economic conditions, the card companies may become stricter of what constitutes excellence.
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  • The National Interest – March 19, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that the development community, governments, the private sector and the public at large should cheer a new, groundbreaking initiative of the Inter-American Development Bank (IDB)—BID for the Americas. This entrepreneurial endeavor aims to help U.S. businesses unlock billions of dollars in untapped economic opportunities in the Latin America and Caribbean region.
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  • The Financial Express – March 17, 2024
    A story on how cloud computing, artificial intelligence (AI), and data analytics are transforming the financial landscape and the capital markets industry, cited an article from FIU College of Business indicating that in the U.S. stock market, 70% of conventional trading is initiated with the help of AI.
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  • GlobeSt. – March 15, 2024
    A story about overvalued housing markets cited research from FIU Business and Florida Atlantic University indicating that equity gains remain strong for current homeowners and prices are slightly more stable for prospective home buyers. “All in all, these are good signs for the housing market,” said Eli Beracha, director of the Hollo School of Real Estate at FIU Business.
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  • Naples Daily News – March 14, 2024
    A story about housing price premiums cited research from FIU Business and Florida Atlantic University which indicated that home prices in Southwest Florida's fastest growing city – Cape Coral – are 'stabilizing'. Eight out of the 10 most overvalued markets have started to edge back down toward their long-term pricing trends. Cape Coral, the second most overvalued market in the study, had a 62-basis point decline.
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  • Florida Realtors – March 13, 2024
    A story about stabilizing housing premiums cited research from FIU Business and Florida Atlantic University indicating that some Florida markets – including Cape Coral and Tampa – are seeing housing premiums decline, providing greater opportunities for buyers and reducing the risk for losses. “Equity gains remain strong for current homeowners and prospective homebuyers can get a little breather…,” said Eli Beracha, director of the Hollo School of Real Estate.
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  • The Hill – March 12, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that “free trade” will retain a central role in political discussions and policymaking for the foreseeable future. At the end of the day, actions speak louder than words. Government support of sound pro-market policies, strong enforcement of trade rules and private sector initiative above all can produce the benefits that workers, communities and individual citizens seek and deserve.
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  • Financial Times – March 10, 2024
    In a story on how top business schools are incorporating various formats for their MBA programs, William Hardin, dean of FIU Business, explained that the college offers in-person, online and hybrid but also “blended.” He added that participants of FIU Business MBAs are able to switch “à la carte” between different formats to suit their schedules.
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  • The Real Deal – March 4, 2024
    A story on the state of South Florida’s real estate market cited an assessment by Florida International University indicating that renters are cost burdened. The report noted that renters are paying more than 30 percent of their income for rent.
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  • Forbes – February 29, 2024
    A story on how under the right circumstances humor can be effective for executives cited research co-authored by Nathan Hiller, professor of management, who noted that there is plenty of empirical evidence suggesting that humor is a great vehicle to communicate new ideas, point out logical discrepancies, or address sensitive issues. The research findings indicate humor helps leaders open the minds of their audience.
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  • The Burning Platform.com – February 27, 2024
    In a story about the value of Donald Trump’s Mar-a-Lago club in Palm Beach, Florida, Eli Beracha, director of the Hollo School of Real Estate, noted it’s difficult to assess. “Some people are going to argue that not everyone likes Trump — some people would actually pay less because of that. But the high bidder is probably going to be a person who buys it because it belonged to Trump,” he said.
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  • MarketScale – February 23, 2024
    In a story on how artificial intelligence is reshaping how goods are managed and delivered in supply chain and logistics, Craig Austin, associate teaching professor of logistics and supply chain management, explained the innovations leading the supply chain and logistics revolution. “Robots can pick and pack orders faster and more accurately than humans… they also detect defects in the merchandise much quicker,” he said.
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  • South Florida Business Journal – February 23, 2024
    In a story on the Journal’s Economic Outlook event, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, pointed out that Florida is a snapshot of a robust economy, especially from the perspective of the real estate sector. He said he is “very optimistic about the future of the real estate market nationally and in South Florida.”
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  • CBS Miami – February 20, 2024
    In a report on retirees rejoining the workforce, Deanne Butchey, teaching professor of finance, explained that many are coming out of retirement due to the high cost of living. “Every time there is some shock to the system, we saw people who recognize that their retirement savings was decimated. Today the issue is because of several years of inflation,” she said.
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  • Lynwood Times – February 16, 2024
    In a story about the valuation of Donald Trump’s real estate properties – including New York Trump Tower and his golf courses - to increase it on his financial statements, Eli Beracha, director of the Hollo School of Real Estate, explained that appraisal values and market values are not the same thing. “That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property,” he said.
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  • MoneyGeek – February 14, 2024
    In a story about making charitable donations, Kimberly Taylor, professor of marketing and logistics, suggested donors make sure the charities have existed for a while and see what they say about how they use the money. I'd also recommend checking them out on Charity Navigator, Charity Watch, Guidestar or the Wise Giving Alliance. “Make sure you're giving your money to a reputable organization,” she said.
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  • CBS Miami – February 20, 2024
    Deanne Butchey, a finance professor at Florida International University, joined CBS News Miami to discuss why a number of retirees are coming out of retirement. Every time there is some shock to the system we saw people who recognize that their retirement today the issue is because of several years of inflation.
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  • Lynwood Times – February 16, 2024
    In a story about the valuation of Donald Trump’s real estate properties – including New York Trump Tower and his golf courses - to increase it on his financial statements, Eli Beracha, director of the Hollo School of Real Estate, explained that appraisal values and market values are not the same thing. “That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property,” he said.
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  • The Capitolist – February 12, 2024
    A story highlighted FIU Business’s achievements in online education, with its online business master’s program ranked ninth nationally, making it the top program in Florida, by U.S. News & World Report for 2024. FIU Business dean William Hardin noted that the school launched online programs more than 20 years ago. “FIU Business was a pioneer in online business education,” he said.
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  • BusinessNews – February 12, 2024
    A story on the increasingly lucrative online content creation businesses noted FIU Business’s academic programs in social media-related fields that focus on this ever-growing industry. Nancy Richmond, associate teaching professor of marketing, explained that to be an influencer, one must be strategic and have a plan. Identifying the target market and your niche are key. “People want to follow real people; they don't want to follow companies,” she said.
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  • GlobeSt. – February 12, 2024
    A story identifying New Orleans, Louisiana as the best area purchase a home, cited research from FIU Business and Florida Atlantic University. However, Miami is an area of concern. “Miami is the only place in the country where not only have home prices not gone down… the price-to-rent ratio is the highest it has been in almost nine years,” said Eli Beracha, director of the Hollo School of Real Estate.
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  • CBS News Miami – February 12, 2024
    A story on the increasingly lucrative online content creation businesses cited FIU Business’s academic programs in social media-related fields that focus on this ever-growing industry. Assistant teaching professor of marketing Nancy Richmond explained that strategy is key developing a plan, identifying your market and niche as well as being authentic. “People want to follow real people; they don't want to follow companies,” she said.
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  • South Florida Business Journal – February 8, 2024
    A story about the continued increase of home prices in South Florida, cited research from FIU Business and Florida Atlantic University. Eli Beracha, director of the Hollo School of Real Estate, indicated that most parts of the U.S. are returning to their long-term price trends, except Miami. Prices haven’t declined and “the price-to-rent ratio is the highest it has been in almost nine years," he said.
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  • Builder – February 6, 2024
    A story identifying New Orleans, Louisiana as the best area purchase a home in cited research from FIU Business and Florida Atlantic University which found homes are currently selling at an average price of $235,103, which is 5.09% below the area’s long-term pricing trend. The price-to-rent ratio, at 12.53%, is below average as well making it preferable to buy versus rent.
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  • I Advance Senior Care – February 6, 2024
    In a story on the marketing challenges faced by senior care communities, professor of marketing Anthony Miyazaki explained that social media and websites can build that element of trust. “Because senior care is such a personal service, social media accounts and websites that show the personal side of the organization will help to build trust with prospective residents and their families,” he said.
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  • Peru 21 – February 2, 2024
    Universidad Privada del Norte designa a Martín Santana Ormeño como rector Santana Ormeño es ingeniero industrial graduado de la Universidad de Lima con Ph.D. en administración de empresas en Florida International University - College of Business.
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  • CBS News Miami – January 22, 2024
    In a story on FIU Business’s new certificate program for condo board members, professional condominium association manager Patrick Hohman, who teaches the program, explained it provides a more in-depth knowledge for board members and owners. "The areas that we cover include staying organized, having a manager organizing and leading major renovations, that is huge where 60 percent of the condos are more than 30 years old," said Hohman.
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  • WalletHub – January 22, 2024
    In a story about the decision-making process to declare a vehicle a total loss, Arun Upadhyay, professor of finance, explained that an insurance company would declare the car a total loss because the repairs cost more than the vehicle's value. The car owner cannot determine whether it has been totaled after the accident, he added. It is the insurance company that determines this condition.
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  • CBS News Miami – January 19. 2024
    In a story on the growing use of buy now, pay later options to finance purchases, Deanne Butchey, professor of finance, explained that it is helpful but requires consumers to be very disciplined, budget appropriately and make payments on time to avoid late payments or interest charges. “What you may want to do is put aside money so any loans can be repaid before the grace period,” she said.
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  • Miami Herald – January 18, 2024
    In a story about the legal fallout of property owners paying real estate commissions, Suzanne Hollander, assistant teaching professor at the Hollo School of Real Estate, noted that it could change how much money buyers and sellers of homes pay agents in the future. “Sellers are pushing back. They’re saying, ‘Why should I be paying the buyer’s commission?’” said Hollander.
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  • Medill News Service – January 17, 2024
    In a story on the forecast interest rate cuts during 2024, Craig Austin, associate teaching professor of logistics and supply chain management, noted that supply chain, rather than demand, is behind the increased price levels despite the fact that the pandemic effects have failed. “I think demand is good, but it’s not what’s driving the prices. It’s really going to be supply chain issues,” he said.
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  • Miami Today – January 16, 2024
    A story on the increased strength and momentum of consumer spending in South Florida’s economy, presented insight from Manuel Lasaga, clinical professor of finance, noted that while 2023 saw a dent in some areas, spending would continue to grow this year. “The financial system here in South Florida is going to probably be looking out for some type of headwinds and some degree of uncertainty, but we will still see growth,” he said.
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  • MarketScale – January 16, 2024
    In a story on how auto manufacturers and part makers are adapting to the ongoing challenges in the automotive supply chain, and why it so difficult, Craig Austin, associate teaching professor of logistics and supply chain management, highlighted innovative strategies that can help. “The most complete solution to resolve this disruption in the auto parts industry would be for manufacturers to provide an inventory backstop,” he said.
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  • Construction Briefing – January 14, 2024
    In a story on concerns attacks on shipping in the Gulf of Aden in the Red Sea could disrupt supply chains, Andrea Patrucco, assistant professor of supply chain management, through delayed shipments and increased transportation costs. The region is a key route for materials like steel and other construction commodities. “If suppliers can reroute or use different sources without substantial cost increases, the impact might be less severe,” he said.
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  • Miami Today – January 11, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that defining the Canada-South Florida relationship as one centered on tourism and real estate paints an erroneous picture of the commercial interactions between them. He noted that four areas where both South Florida and Canada thrive, jointly as well as individually, are: trade, science and technology, start-ups and renewable energy. “The main challenge before us is to broaden and deepen that relationship, to the benefit of all,” he said.
     
  • Market Scale – January 8, 2024
    In a story about artificial intelligence’s increasing impact on the logistics industry and the future supply chain management, Craig Austin, associate teaching professor of logistics and supply chain management, explained it will be the most transformative of the current trends. “Inventories can be better tracked and better managed, and you don’t have the overstocking which costs a company’s money or the stock out which anger customers,” he said.
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  • Q105.com – January 8, 2024
    In a story about the most expensive cities in Tampa for home buyers, Eli Beracha, director of the Hollo School of Real Estate explained that without higher interest rates Florida real estate prices would reaccelerate due to increased demand relative to the supply of units. “We are witnessing a transition in Florida’s economy and our housing markets around the state are experiencing growing pains from this transition,” he said.
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  • FreightWavesNow – January 5, 2024
    In a story about FIU Business’s supply chain and logistics program plus its draw for students, Andrea Patrucco, professor of marketing and logistics, explained that faculty cover a broad range of processes, including procurement, inventory management, distribution and transportation. “We give them a set of tools that allow them to be well prepared to take over any type of job position and opportunity that companies today are looking for,” he said.
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  • The Hill – January 4, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that in the aftermath of the global pandemic and in light of increasing tensions in between the U.S. and China, “nearshoring” has emerged as a major issue in global production and distribution. “Still another factor leading to shortages was production disruptions due to China’s strict lockdowns, which were hastily implemented, and the shutdown of Chinese manufacturing facilities with little notice,” he said.
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  • MoneyGeek - January 4, 2024
    In a story on behavioral finance theory, Deanne Butchey, professor of finance, noted individuals can be emotional and have limited self-control when it comes to their finances. Still, they are able to assess these errors and biases which can help them make informed financial decisions. “Individuals need to recognize that most of the time, we are rational individuals making sensible choices, but occasionally we do irrational things,” she said.
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  • MoneyGeek - January 2, 2024
    In a story about zero-interest credit cards, Deanne Butchey, professor of finance, noted these present benefits that require a lot of organization, but risks as well. Large purchases on that card can affect one’s credit score especially if it is for a large percentage of the available credit. Benefits include balance transfers and transferring high-interest credit card debt. “One must be very organized and diligent,” she said.
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