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Consumers in ‘very sour mood’ as inflation outpaces wages

The prices of gas, home energy and food all spiked by double digits over the past month, but wages aren't keeping up, with annual inflation now topping 9%. "It’s leading to a very sour mood,” said James W. Hughes, dean emeritus at Rutgers University’s Edward J....

Gas prices rise to record highs again

Gas peaked at $1.39 a gallon back then, which would be $4.52 today. Action News spoke to Michael Lahr, an economics professor at Rutgers University. "What may happen, not real soon though, is that companies will use these raises in prices to invest in capital to get...

Low oil prices are good news for the Garden State

So what does this mean for Garden State residents? “A continuation of low oil prices will be extraordinarily positive for the New Jersey economy,” says James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University....

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Stop by virtually on Mondays (except for holidays) beginning September 9th through December 16th between 11 am and 1 pm to ask a quick (15 min) career-related question of Bloustein […]