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BEPI Poll: Hispanic Economic Outlook Drops Amid Tariffs, Rising Prices

As households face increasing prices for goods and talk of new tariffs, Hispanic optimism in the economy waned in the first quarter of 2025, according to a poll from the Business Economic and Polling Initiative at Florida Atlantic University. The Hispanic Consumer Sentiment Index (HSCI) decreased to 85.7 in the first quarter of 2025, down from 89.6 in the fourth quarter of 2024. When compared to the fourth quarter of 2024, there was a decrease in optimism in four out of five questions used to generate the HCSI. Looking at the year ahead, 53% of Hispanics said they expect the country to experience good business conditions, a decline from 61% in the prior quarter; and 64% of Hispanics indicated they will be better off over the next year, down from 70% in the last quarter of 2024. In terms of the long-run economic outlook of the country, Hispanics are less optimistic in the first quarter of 2025 compared to the fourth quarter of 2024 (52% vs. 58%). Only 51% of Hispanics think it is a good time to buy big-ticket items, compared to 52% in the last quarter of 2024. Only one question had an increase in confidence: 63% of Hispanics said they are better off financially than a year ago, which is 8 percentage points (55%) higher than the last quarter of 2024. “Sentiment softened in four of the five questions this quarter,” said Monica Escaleras, Ph.D., chair and director of BEPI. “Persistently high borrowing costs and everyday price pressures – together with talk of new tariffs and a possible recession – are weighing on household outlooks. These headwinds are keeping many Hispanic families cautious about the economic outlook in the United States.” The poll is based on a sample of 542 Hispanic adults over 18 years old. The survey was administered using both landlines via Interactive Voice Response data collection and online data collection using Dynata. Respondents were sampled between Jan. 1 and March 31 with a margin of error of +/- 4.21 percentage points. Responses for the entire sample were weighted to reflect the national distribution of the Hispanic population by region, education, gender, age and income according to the latest American Community Survey data. Full results can be found here: Looking to know more? We can help. Monica Escaleras is available to speak with media about the BEPI Hispanic Consumer Sentiment Index . Simply click on her icon now to arrange an interview today.

Aston University optometrist develops app with the best easy blinking exercises to improve dry eye symptoms

Dry eye disease is a common condition affecting one-third of the adult population and one-in-five children Professor James Wolffsohn researched the most effective blinking exercises to reduce discomfort, involving a close-squeeze-blink cycle He developed the MyDryEye app in collaboration with Alec Kingsnorth and Mark Nattriss to help sufferers An Aston University optometrist, Professor James Wolffsohn, has determined an optimum blinking exercise routine for people suffering with dry eye disease, and has developed a new app, MyDryEye, to help them complete the routine to ease their symptoms. Dry eye disease is a common condition which affects one-third of the adult population and one-in-five children, in which the eyes either do not make enough tears, or produce only poor-quality tears. It causes the eyes to become uncomfortable, with gritty- or itchy-feeling eyes, watery eyes and short-term blurred vision. It is more common in older adults and can be exacerbated by factors including dry air caused by air conditioning, dust, windy conditions, screen use and incomplete blinks, where the eye does not fully close. Professor Wolffsohn is head of Aston University’s School of Optometry and a specialist in dry eye disease. While it has long been known that blinking exercises can ease the symptoms of dry eye disease, the optimum technique, number of repetitions and necessary repeats per day are unclear. Professor Wolffsohn set out to determine the best exercises. His team found that the best technique for a dry eye blinking exercise is a close-squeeze-blink cycle, repeated 15 times, three times per day. Participants found that while they were doing their exercises symptom severity and frequency decreased, and the number of incomplete blinks decreased. Within two weeks of stopping the exercises, their symptoms returned to normal levels, showing the efficacy of the exercises. To carry out the work, Professor Wolffsohn’s team ran two studies. For the first, they recruited 98 participants, who were assessed for dry eye symptoms before and after the two weeks of blinking exercises. Participants were randomly allocated different blinking exercises to determine the most effective. A second study with 28 people measured the efficacy of the blinking exercise. Once the optimum blinking routine had been developed, Professor Wolffsohn worked withAlec Kingsnorth, an engineer and former Aston undergraduate and PhD student, and Mark Nattriss, business manager of his spin-out company, Wolffsohn Research Ltd, to develop the app, MyDryEye, which is freely available on Android and iOS operating systems. The app allows users to monitor their dry eye symptoms, assess their risk factors, add treatment reminders and monitor their compliance, complete the science-based blink exercises and find a specialist near them. Professor Wolffsohn says that the blinking exercises should be carried out as part of a treatment programme which could also include the use of lipid-based artificial tears, omega-3 supplements and warm compresses. Professor Wolffsohn said: “This research confirmed that blink exercises can be a way of overcoming the bad habit of only partially closing our eyes during a blink, that we develop when using digital devices. The research demonstrated that the most effective way to do the exercises is three times a day, 15 repeats of close, squeeze shut and reopen – just three minutes in total out of your busy lifestyle. To make it easier, we have made our MyDryEye app freely available on iOS and Android so you can choose when you want to be reminded to do the exercises and for this to map your progress and how it affects your symptoms.” Read the full paper, ‘Optimisation of Blinking Exercises for Dry Eye Disease’, in Contact Lens and Anterior Eye at https://doi.org/10.1016/j.clae.2025.102453.

FAU Data Analysis: Falling Rates Bring Some Relief to Banks

Falling interest rates brought some relief to banks’ portfolios for unrealized losses on investment securities, according to a data analysis from a finance professor at Florida Atlantic University. Only two banks with assets over $1 billion reported unbooked securities losses greater than their total equity in the first quarter of 2025, down from three in the last quarter of 2024, according to the U.S. Banks’ Unrealized Losses on Investment Securities screener. For unbooked losses equal to 50% of Common Equity Tier 1 Capital (CET1) equity, 24 banks were on the list for the first quarter of this year, down from 34 in the fourth quarter of 2024. Rates dropped from the end of 2024 through the end of March, providing some relief to banks that had extensive interest rate risk in their investment securities portfolios. The yield on the 10-year treasury bond fell from 4.57 to 4.25 as of the end of March. “While this would appear to be good news for the U.S. banking industry, with unrealized securities losses declining by $69 billion from the end of 2024 to March, rates have climbed back to where they were at the end of 2024 so that losses today would be back up close to $500 billion,” said Rebel Cole, Ph.D., Lynn Eminent Scholar Chaired Professor of Finance in the College of Business. The aggregate unbooked securities losses on bank balance sheets declined by $69 billion from $483 billion at the end of the fourth quarter in 2024 to $414 billion at the end of the first quarter this year. The quarterly U.S. Banks’ Unrealized Losses on Investment Securities Screener, produced as part of The Banking Initiative in FAU’s College of Business, measures banks’ exposure to risk based on their unrealized losses in their investment securities portfolios. To calculate a bank’s risk, Cole uses the most recently available data from quarterly call reports published by the U.S. Federal Financial Institutions Examination Council. Of the 4,543 banks reporting in the first quarter for this year, Cole focused on 1,042 banks with more than $1 billion in assets to calculate unrealized losses on investment securities and compare those losses to a bank’s CET1. Regulators would force a bank that lost half of its CET1 capital to take remedial actions, such as raising new capital or seeking a merger partner; in the worst case, a bank may face closure by the FDIC. “It’s likely that unbooked losses will continue to grow as interest rates continue to move higher” Cole said. “Both the 50-day and 200-day moving average rate on the 10-Year Treasury bond are rising so losses are growing, not shrinking. And this is only one part of banks’ balance sheets that are suffering from rising rates. There also are massive unrealized losses on banks’ residential and commercial mortgage portfolios that total to another $500 billion.” Looking to know more? We can help. Rebel Cole is available to speak with media about banking and the impact on interest rates. Simply click on his icon now to arrange an interview today.

Supply Chain Report: Logistics Leaders Predict Tight Capacity, High Prices Through Mid-2026

The Logistics Managers’ Index rose for the second consecutive month due to rising costs as the economy remains uncertain, according to researchers at Florida Atlantic University and four other schools. May’s index read in at 59.4, up slightly from April’s reading of 58.8. The reading is up 3.8 from the year prior. A score above 50 indicates that the logistics industry is expanding, while a score below 50 indicates that the industry is shrinking. Costs, particularly inventory costs, led to this month’s expansion. Inventory costs rose to 78.4, the highest level since October 2022, while inventory levels were only 51.5. The gap between the two suggests that many inventories are sitting stagnant. “The persistent uncertainty with respect to tariffs seems to be causing upward pressure on inventory costs, likely because of stockpiling effects,” said Steven Carnovale, Ph.D., associate professor of supply chain management in the College of Business. “The previous pause on tariffs opened up an opportunity to stockpile, which is also likely reflected in the rise in warehousing utilization and costs, as well as the rise in upstream warehouse utilization.” The LMI, a survey of director-level and above supply chain executives, measures the expansion or contraction of the logistics industry using eight unique components: inventory levels, inventory costs, warehousing capacity, warehousing utilization, warehousing prices, transportation capacity, transportation utilization and transportation prices. Along with FAU, researchers at Arizona State University, Colorado State University, Rutgers University and the University of Nevada at Reno calculated the LMI using a diffusion index. Warehousing readings also point to further uncertainty among firms on the direction of the U.S. economy and tariff policy. Warehousing capacity was flat at 50, while warehousing costs and warehousing utilization read at 72.1 and 62.5, respectively. The readings suggest that inventories are sitting longer amid slower consumer demand and firms have been holding goods in anticipation of future tariff changes. “At a certain point, the see-saw effect of increased/decreased tariffs is likely going to lead to firms stockpiling when tariffs come down, and likely be forced to sit on excess inventory,” Carnovale said. “In this case, the decision will be: are the holding costs of excess inventory less than the (potential) future tariffs? And to what degree will these increased prices pass through to consumers?” Overall, respondents expect inventory levels to increase in the year ahead, with capacity growing tighter and costs expanding, highlighting the overall sentiment that trade issues and uncertainty will be wrapped up by the end of the year. Looking to know more - we can help. Steven is a supply chain strategist specializing in interfirm networks, risk management and global sourcing/production networks. He is available to speak with media. Simply click on his icon now to arrange an interview today

Need a music expert? John Covach hits the right notes

Attention music journalists: When there are developments in the music industry — whether it be the emergence of a new sound, a growing trend in experiencing and listening to music, or the death of an influential artist — John Covach lends valuable perspective to your stories. Covach, a prominent rock and pop music historian who directs the Institute of Popular Music at the University of Rochester, is regularly sought out by news outlets around the world. He recently helped The New York Times explain what made the album “Pet Sounds” a masterpiece for Beach Boys chief songwriter Brian Wilson. He has offered commentary to the New York Daily News on why artists might relinquish ownership of their music. Last year, he offered thoughts to The Boston Globe on the timeless appeal of aging rock ‘n’ rollers who are still packing arenas. “It doesn’t matter that they can’t sing the high notes anymore,” Covach told The Globe. “It doesn’t matter that they’re kind of stooped over. We’re seeing the person we remember from 40 or 50 years ago.” Covach is a wealth of knowledge and an accessible expert. Connect with him by clicking on his profile.

Study reveals how race-evasive coverage of student loans fuels policy failures

For years, news coverage of the student debt crisis has left out a crucial part of the story: race. A new study in Educational Evaluation and Policy Analysis analyzed 15 years of student loan reporting in eight major newspapers to reveal that most media outlets avoided mentioning race until just a few years ago (even though disparities existed for all 15 years of the study). While one might assume this shift came after the racial justice uprisings of 2020, the data shows that the turn toward more explicit racial language actually began around 2018. Dominique Baker, associate professor in the College of Education and Human Development’s School of Education and the Joseph R. Biden, Jr. School of Public Policy and Administration at the University of Delaware, was the lead researcher. “Even when newspapers did eventually address race, they focused primarily on documenting the size of disparities instead of talking about the structural reasons underlying them, like racism,” Baker said. “Other research has shown that when the news media solely focuses on the disparities and not the structural issues, readers are more likely to punish people of color instead of supporting solutions that could help them." Why does this information matter? Because how the media talks about policy shapes how the public—and policymakers—see the problem. If coverage ignores the racial disparities in student loan burdens, it makes race-neutral, one-size-fits-all solutions seem more logical—even if they fail to address real inequities. It’s not just about adding a few words. It’s about changing the lens entirely. Baker has appeared in dozens of national news outlets for her expertise. She is available for interviews on this paper and other topics surrounding higher education. Email mediarelations@udel.edu to contact her. 

Hidden in plain sight: UD researcher exposes gaps in college application process

In a groundbreaking study in the American Educational Research Journal, University of Delaware Associate Professor Dominique Baker and others has unveiled significant disparities in how students report extracurricular activities on college applications, highlighting inequities in the admissions process.​ Analyzing over 6 million Common App submissions using natural language processing, the researchers discovered that white, Asian, wealthier, and private-school students tend to list more activities, leadership roles, and unique accomplishments compared to their peers from underrepresented racial, ethnic, and socioeconomic backgrounds. However, when underrepresented minority students did report leadership roles, they did so at rates comparable to their white and Asian American counterparts.​ “All students do not have the ability to sign up for eight, 10 or 15 extracurricular activities,” Baker noted, emphasizing that many students must work to support their families, limiting their participation in extracurriculars.​ To address these disparities, the researchers recommend reducing the number of activities students can list on applications—suggesting a cap of four or five—to encourage a focus on the quality and intensity of involvement rather than quantity. This approach aims to level the playing field, ensuring that students with limited opportunities can still showcase their potential effectively.​ Baker and her colleagues draw attention to Lafayette College, which has recently reduced the number of extracurricular activities it reviews from 10 to six. While data on the impact of such changes is still forthcoming, the move aligns with the researchers’ recommendations and signals a shift toward more fair admissions practices.​ Other institutions are beginning to take note. If you wish to delve deeper into this research and explore its implications for college admissions, Baker is available for interviews and has been in a number of national outlets like The Wall Street Journal, ABC News, and Inside Higher Ed. Her insights could provide valuable perspectives on creating a more fair admissions landscape.

What's Happening with the Measles Outbreak?

Fear rises in the hearts of Americans as news of the measles outbreak has surfaced across media platforms. The entrance of the measles vaccine in 1963, enabled the US to eradicate measles by 2000. Due to international contact with those who have not eliminated measles caused it to resurface in 2018. The following year saw 764 cases making it the highest number of cases in 25 years.  This year the measles outbreak has reached the news again with reports of 14 outbreaks and 977 of the 1,088 cases caused by the outbreaks. The year prior to 2025 saw 16 outbreak reports, but fewer cases.   So far 2025 has experienced three deaths (two children and one adult) due to measles. Children and teens under 20 make up 67% of the cases and 96% of infections are found in those who have not been vaccinated, or their vaccination status is unknown.   Dr. Zach Jenkins, professor of pharmacy practice and director of advanced pharmacy practice experiences of at Cedarville University. To schedule an interview, email Mark D. Weinstein, executive director of public relations at Cedarville University at mweinstein@cedarville.edu or click on his icon. 

A path to fair minerals trade: Researcher champions global trust model

As the world races to build cleaner energy systems and powerful AI technologies, the demand for critical minerals—like lithium, cobalt, and rare earths—is soaring. But with this demand comes rising global tension over who controls these resources. University of Delaware Professor Saleem Ali, an international expert in environmental policy and chair of UD's Department of Geography and Spatial Sciences, is suggesting a new way forward. In a new article published in Science, along with a United Nations policy brief, Ali and his coauthors propose the creation of a Global Minerals Trust. The article notes how the international plan would help countries work together to manage and share critical minerals fairly and sustainably—avoiding political fights, price shocks and environmental damage. “Without a shared framework, we risk deepening global inequalities, triggering unnecessary resource conflicts and undermining our ability to deliver on climate goals,” says Ali, who also leads the Critical Minerals and Inclusive Energy Transition program at the United Nations University Institute for Water, Environment and Health. The proposed Trust would use independent checks—similar to those used in nuclear safety—to make sure countries are meeting environmental and social standards. Each nation would keep control of its own resources but agree to prioritize sales of those minerals at market prices so that they can be used for clean energy infrastructure. The article builds on a TED Talk that Ali gave last year as part of the Rockefeller Foundation's "Big Bets" initiative. Ali is available for interviews on the topic and can be reached by clicking on his profile.

Can AI save our oyster reefs? A team of scientists put it to the test

With global oyster populations having declined by more than 85% from historical levels, restoring and monitoring these critical ecosystems is more urgent than ever. But traditional monitoring methods aren’t cutting it. A team of researchers that included the University of Delaware's Art Trembanis have taken a new approach, testing an AI model designed to recognize live oysters from underwater images. The findings? The AI model, called ODYSSEE, was faster than human experts and non-expert annotators, processing in just 40 seconds what took humans up to 4.5 hours. But it wasn’t yet as accurate. In fact, the tool misidentified more live oysters than both groups of human annotators. Still, the team found that ODYSEE has real potential to monitor reefs in real time. Why does this matter? As climate change, pollution and overharvesting continue to pressure coastal environments, more precise and non-invasive monitoring tools like ODYSSEE could become essential to restoration efforts and environmental policy. Trembanis can discuss this new tool and its ability to identify live oysters without disturbing the reef. His expertise in oceanography, engineering and robotics expertise was key to the team's work. The results, published in the journal Frontiers, offer both caution and hope in the race to improve ocean monitoring with emerging technologies. To set up an interview with Trembanis, visit his profile and click on the contact button.