Dean Emeritus James W. Hughes said a key question now is whether the Fed’s interest rate hikes will create a soft landing with a slow-growth economy, or a hard landing that will “crash” the economy.
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In the News
How Murphy says he plans to protect NJ residents from crushing medical debt
“The Governor’s proposal would certainly give relief to many in need, but ultimately governmental subsidies to those in debt are not likely to be a long-term solution,”
‘Swapping homes like stocks’: Wall Street-backed firm buys 264 valley homes in a day
“As these companies settled in as landlords, they’ve also made bulk deals with competitor firms to grow or shed their presence in particular markets. They are essentially trading with each other to enhance the performance of their overall inventory.”
West New York police earn high salaries, even more than Jersey City cops
Crime doesn’t pay in West New York, but being a police officer sure does. The working-class north Hudson town of roughly 52,000 spends nearly 20% of his annual budget, or $19.6 million, on its police department, and it doesn’t even have a police chief, according to...
Helped by federal funds and private investment, a major push for passenger rail
It's the question rail enthusiasts have posed for years: When might U.S. train travel start to more closely resemble that of Europe and Asia? ......... But even as the federal government pours money into improving the nation's rail system, experts caution the ultimate...
New Jersey’s rising unemployment makes economic future uncertain
New Jersey’s unemployment rose sharply in 2023, leaving economic experts wondering whether a rocky road is ahead in the new year. The state unemployment rate climbed from 3.4% in January to 4.7% in November, according to the U.S. Bureau of Labor Statistics. November’s...
Let’s Keep Focus on “The Line” in NJ Politics
If you’re not in-the-know, The Line is where you want to be on the ballot if you’re running for office in New Jersey. Candidates granted The Line by NJ’s political gatekeepers are almost assured of victory, especially in a primary election. That’s why NJ’s powerful political machines invest so much time and treasure into determining who gets the line and (perhaps more importantly) who doesn’t.
A Senate Candidate Accused of Nepotism Has Another Edge: The Ballot
No New Jersey legislative incumbent chosen to run on the county line in all of the counties he or she represented has lost a primary election since 2009, according to a recent study by a Rutgers University professor, Julia Sass Rubin.
Bar part-time officials from full-time perks, incoming N.J. lawmaker says
“That doesn’t excuse individuals who have consciously abused the system,” said Pfeiffer, now a professor at Rutgers University. “But there are probably any number of cases where elected officials can spend 30, 35 hours a week in their job as an unpaid or low-paid elected official.
Stamato Commentary: Two billion spaces, and counting. How much parking do we need?
Faculty Fellow Linda Stamato explores the pervasive impact of parking space mandates on urban planning, criticizing the prioritization of parking over people in cities and towns.
