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Mahmud Hassan, a finance and economics professor at Rutgers Business School-Newark and New Brunswick said: "The margins are shrinking every day, constantly, so it is becoming really difficult for those smaller businesses to survive.

"They have to be innovative to attract people to their business by adding more niche services, niche products."

Said Rutgers-Newark Interim Chancellor Jeffrey Robinson, “The research highlighted today is about how we can create knowledge for social good. Here at Rutgers Newark, it’s something we cherish deeply.”

Jay A. Soled, professor and chair of the Department of Accounting and Information Systems at Rutgers Business School, New Jersey, told Newsweek previously: "Even with the tax-filing extension, interest will apply to any 2024 tax payments received after April 15. This means that unpaid tax-year 2024 tax balances will begin accruing interest, currently at the rate of seven percent per year, compounded daily, after April 15, 2025."

“Once you let something go, then to go bring it back on shore, that’s not something you can flip a switch and be able to restart,” said Parul Jain, who teaches economics and finance at Rutgers Business School in Newark.

“The Trump administration is likely to resist states individually negotiating with foreign countries on the grounds, factual or specious, that tariffs are a matter reserved for Congress and the executive branch, and that moreover, there is a so-called ”national emergency,” noted Farok J. Contractor, a professor of management and global business at Rutgers Business School.

Small business owners discuss the coming effect of the Trump administration's tariffs on prices of automotive parts and appliances. Professor Farrokh Langdana explains the impact won't be limited to major products like foreign-made cars. Prices of American cars will quickly spike as well, he said.

A leading economist says that foreign car prices will spike, and American cars will follow.

"Here's the price and once there's a tariff they go up, so-called domestic cars will also go up, why? because immediately people will switch to domestic so they go up right away," Farrokh Langdana of Rutgers University said.

“If the idea is to try and improve the deficit, which is not that substantial to begin with, take a look at the numbers which you just quoted, it’s less than 5% of U.S. GDP,” responded Parul Jain, professor of finance and economics at Rutgers University. “And so consequently, there’s a better way to go about things rather than to have tariffs imposed universally and influence world trade patterns. We’ve been there, we’ve done that, and it has never succeeded. I harken back to the holy tariffs of the 1930s, and in which case the volume of world trade just shrank.”

Jay A. Soled, distinguished professor and chair of the Department of Accounting and Information System at Rutgers Business School, thinks that the growth of the movement also has to do with the U.S.'s greying demographics. "Those on fixed incomes feel the pressure of increasing rates more than when they were income earners," he told Newsweek. "As America greys, there may be increasing pressure to reduce property taxes."

Rutgers-Newark is planning to partner with the University of the Virgin Islands on a program that would bring graduate students pursuing STEM careers to Rutgers-Newark.

“This is just another opportunity for us to attract quality students,’’ said Rutgers-Newark Interim Chancellor Jeffrey Robinson. “And it was another way for us to broaden participation in STEM areas.’’

“Our social lives and our jobs are all online now, mixed up with commerce,” says Kristina Durante, a psychologist and professor of marketing at Rutgers Business School. “We want to be involved, we want to belong, and we want to feel in control of our world. And when those desires are seamlessly linked to things you can buy right there on your phone, of course that’s what you’re going to do.”

Introductory speakers at the tournament include Rutgers-Newark Interim Chancellor Jeffrey Robinson and Roget León, Superintendent, Newark Public Schools. The Rutgers-Newark debate team partners with city schools through the Newark Debate Academy (NDA), mentoring and educating students from grade school through high school.

Rutgers University-Newark follows in second place with 263 MBA degrees awarded in 2024, according to the NJBIZ list of the state’s top programs. Dean Lei Lei heads the Rutgers Business School.

“This is not an easy time,’’ added Rutgers-Newark Interim Chancellor Jeffrey Robinson. “We need places where you can recharge. What I see in this room is important for Americans to understand. When we bring everyone together to talk to one another…There’s a certain joy, no matter what background or lived experience you’re coming from.’’

Tariffs would be paid by whoever is importing the foreign goods. They typically pass those costs on to the American consumer, said Parul Jain, who teaches finance at the Rutgers Business School in Newark. Other companies might also use the tariff-induced increases as a reason to raise their prices, Jain said.

Companies might absorb the costs rather than pass them onto consumers, but that could prompt them to put off investments, such as additional hiring, expanding to a new location or the development on additional products, Jain said.

Trump is also hoping that companies would find it cheaper to manufacture products in the United States, said Jain, the Rutgers professor.

Steve Adubato sits down with Jasmine Cordero-West, Associate Director of Rutgers Advanced Institute for the Study of Entrepreneurship and Development and Co-Founder & Co-Director of Urban Solutions Lab at Rutgers University – Newark, to discuss supporting young entrepreneurs in urban areas.

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Jay A. Soled, professor and chair of the Department of Accounting and Information Systems at Rutgers Business School, New Jersey, told Newsweek that he thought the previous employee layoffs would not "immediately affect refund issuance, my understanding is that this process is primarily automated. However, staff cuts will have a major impact on response time to telephone calls and, if a problem arises, getting it resolved."


Commenting on the importance of the EITC and ACTC for Americans, Soled added the tax credits were "very important for low-income families who count on these refunds to provide a once-a-year pool of resources that enables them to make purchases that they generally could otherwise not afford, for example, a used car."

Soled added: "The bigger issue is if tax scofflaws take the staff cuts as a sign that enforcement efforts are being put on hold and they're at liberty to cheat on their taxes."

“I think Costco tried to learn from the toilet-paper shortage,” said Rudolf Leuschner, a professor of supply chain management at Rutgers. “As soon as you announce the shortages, everybody goes to the store and buys eggs, which makes it a lot worse. It’s not a bad strategy to then institute some purchase limits.”

Boycotts often fail because consumers are prone to prioritizing convenience over commitment, according to King and Mike Barnett, a professor of management and global business at Rutgers Business School who also spoke to TODAY.com.

Barnett, like King, also cited the 2023 Bud Light boycott, which saw critics rally against the brand’s partnership with trans influencer Dylan Mulvaney. Anheuser-Busch Inbev reported sales dropped 10.5% after the campaign, per the Associated Press.

When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring.

But for millions of taxpayers, there is no such closure. Instead, under current law, the IRS generally has three long years to audit their tax returns . Originally instituted in 1934 , this long period is a relic of a bygone era, when there were no calculators, tax returns were completed and submitted on paper, and most audits were conducted in person because most homes lacked telephones.

Selma, Alabama, occupies a unique place in U.S. history as the site of the pivotal civil rights march across the Edmund Pettus Bridge on March 7, 1965—an event forever remembered as “Bloody Sunday.” Each year, thousands gather for “The Jubilee” to honor the struggles and victories of the civil rights movement. While this annual commemoration is rooted in a painful chapter of history, it also presents a powerful opportunity to leverage the city’s historical significance to build industries like tourism and drive regional economic development.

International development agencies and non-governmental organisations often seek to advance community development by fostering entrepreneurship. The premise is that poor people can enhance their household incomes by establishing small businesses or by adding value to natural resources.

Such programmes commonly include training and the provision of loans to enable micro-entrepreneurs to get started. But these interventions aren’t straightforward and often fail to achieve their objectives.

At Rutgers Business School, the AACSB-accredited program has 800 students enrolled in its full- and part-time iterations for the Spring 2025 semester. That’s about 100 more than the Spring 2024 semester population, according to Weiwei Chen, senior director of MBA programs and professor of supply chain management.
“We have to keep exploring new opportunities, and we have to recognize the different needs for different student bodies. The demands for full-time MBA and part-time MBA are quite different,” he said.

“Partnering with Newark School of Fashion & Design (NSFD) was a natural fit, allowing students to apply their skills in a real-world branding project while shaping the university’s evolving identity,’’ said Kimberlee Williams, Director of the Rutgers-Newark Office of Communications, who initiated and co-led the effort.

Newark students from Rutgers Business School were also involved in the project, developing promotional strategies, working with Marketing Professor Yla Eason. She is the creator of Sun-Man, the first mass-market African American superhero action figure, now part of Mattel’s Masters of the Universe collection.

Professor Arash Azadegan, professor and vice chair of the Supply Chain Management Department at the Business School at Rutgers University, agrees that consumers are likely to feel the pinch in terms of price rises because of the new tariffs. “The administration is smart enough to know that that is what’s going to happen, so they’ll consider that, but the purpose is something larger than that,” he says.

Newark students from Rutgers Business School were also involved in the project, developing promotional strategies, working with Marketing Professor Yla Eason.

She is the creator of Sun-Man, the first mass-market African American superhero action figure, now part of Mattel's Masters of the Universe collection.

"Our relationship with the Newark public schools goes beyond today's event. It includes our Newark Public School students being involved with Rutgers-Newark,'' said Rutgers-Newark Interim Chancellor Jeffrey Robinson. "Each year, the new incoming class to Rutgers University -Newark has approximately 13 percent of new students from the city of Newark. Overall, Newark residents make up nearly 8 percent of the total undergraduate population."

Rutgers Business School professor Daniel Levin studies the value of work-related dormant ties. He says these old friends and colleagues can be even more valuable than the usual network of contacts. "After all, your dormant contacts have not been hibernating all those years. They've been out in the world, learning new things, and so they are a potential source of novel information and insights when reconnected," he explains.

John Longo, a finance professor at Rutgers Business School, said that the Trump administration’s stance on business and technology may have influenced Harvard’s increased exposure to major tech firms.

“The Trump Administration is embracing pro-business policies and technology infrastructure investments, with a particular emphasis on artificial intelligence,” Longo wrote in a statement to The Crimson.

“Perhaps HMC’s managers noticed the underlying technology spending trends and believe these specific firms are well positioned in the year ahead,” he added.

In a highly competitive digital space, memes like Montoya, por favor can help companies connect with their core audience—as long as their use doesn’t feel forced, Stacy Smollin Schwartz, Director of Master of Science in Digital Marketing Program at Rutgers Business School, explained to Bored Panda.

“Memes help us hook into a shared moment that cuts through the noise, but they come and go quickly before being replaced by the next one.

“On one hand, it will increase prices for U.S. consumers of goods that come from China, and they are substantial,” said Parul Jain, who teaches finance and economics at the Rutgers Business School in Newark. “On the other hand, the retaliatory tariffs will be a headwind to business activity and employment here at home.”

What are some benefits of having a budget?

Budgeting is a good tool to help someone live within their means. Regardless of how much money you make, you cannot build wealth unless you live within your means. The popular press has numerous stories of many athletes and celebrities who wound up broke after making tens or even hundreds of millions of dollars. A budget typically includes a mix of needs, wants, and savings. You can include more granular components, such as vacations, eating out, philanthropy, etc. to arrive at a more precise budget.

They are the lifeblood of the business industry – and keepers of the faith in the state.
This list is the best of the best of chambers of commerce, industry groups and those all-important non-profits.
"Great professor. Strong leader. Outstanding mentor."

Tariffs would be paid by whoever is importing the foreign goods. They would then pass those costs on to the American consumer, said Parul Jain, who teaches finance at the Rutgers Business School in Newark. Other companies might also use the tariff-induced price increases as an excuse to raise their own prices, Jain said.

Trump conceded on his social media website, Truth Social, that Americans could feel “some pain” from the tariffs, but that “it will all be worth the price that must be paid.”

“Business leaders should take stock of the types of events/situations that might become a crisis of urgency for their unique sectors. This can be done by taking a historical look at past crises, conducting a scan of crises across their sector and other sectors, and to tap into the collective imagination to consider the crises that may not have previously occurred,” Ralph Gigliotti, assistant vice president for organizational leadership at Rutgers University and author of Post-Crisis Leadership: Resilience, Renewal, and Reinvention in the Aftermath of Crisis, observed via email.

For more freedom and flexibility, try “rough scheduling,” a concept developed from the research of Gabriela N. Tonietto, an assistant professor at Rutgers Business School, and Selin A. Malkoc, a professor at Ohio State University. Rough scheduling assigns a general range of time in a specific day but not a set hour, such as Sunday brunch. This approach to time has been known to preserve a feeling of spontaneity and freedom yet still bolster connection with a clear commitment.

New Jersey downtowns saw an exodus in the 1980s of residents, shoppers and, most important, their dollars to suburban shopping malls, said Marc Kalan, a marketing professor at Rutgers University.

“Many downtowns — people were abandoning them,” Kalan said. “They weren’t doing very much. Restaurants weren’t open.”

Malls and downtowns have since swapped places — with lower-performing malls falling by the wayside — as the baby boomer generation aged out and millennials and Gen Z became the dominant economic driver.

“The modern customer wants to be near vital downtowns,” Kalan continued. “Downtowns have become revitalized. Today’s towns like South Orange, Maplewood, Montclair, similar towns up in Bergen County, have become exciting.”

Rutgers Business School professor John M. Longo said this reinvestment was likely connected to expectations of future company growth.

“Travel tends to pick up during a good economy, the U.S. dollar is strong, and jet fuel prices are expected to fall, so perhaps HMC’s managers expect an increase in travel plans for Booking’s customers,” Longo wrote in a statement.

The current value of HMC’s reported position in Booking Holdings is $172.5 million.

“HMC’s sale of most of its biotech holdings may reflect specific views on the companies or perhaps a macro view that the space will be more challenging going forward,” Longo wrote.

“For example, healthcare is one of the largest components of federal spending and unfavorable legislation towards pharmaceutical companies on pricing may be one source of reducing the federal debt,” Longo added.

The two biggest differences between all lenders are the dollar value of the loan for which you are approved and the lowest acceptable FICO score that the lender will approve. If you want a big loan with a low FICO score, you will have a hard time getting approved, and you will pay dearly in the form of a much higher interest rate and more restrictive loan terms.

This is how these lenders manage their portfolio risk. And nothing you can say or do will cause them to change their loan procedures. Nothing!

One loan management tool to think about is to set aside one year's worth of interest on your loan and place those funds in an interest-bearing account that you control. Pay your monthly interest from that account and not from your regular bank account. Sometimes your lender will ask for an auto-payment right on your interest payment in exchange for a lower interest rate on your loan. Give them access to that savings account and not to your bank account. If you give them access to your regular bank account, you give them the ability to control your financial life. Ouch!

It is a process. Be smart and manage it well.

Laying hens have been slaughtered in this outbreak of the avian flu; even if only two or three birds are stricken, the entire flock has to be eliminated, and a lot of grocery stores are posting signs pointing to shrinking supplies while prices skyrocket and experts say this isn't likely to be a short term deal.

"Well, three to four months at least; if tariffs kick in, then you know consumers' budgets are going to get further stressed out, so inflation could ratchet up quite dramatically," said Parul Jain, associate professor of professional practice in Finance & Economics.

“We are excited to welcome Dr. La Vigne back to New Jersey and Rutgers-Newark. Her experience as a respected leader, administrator and scholar is an incredible match with the School of Criminal Justice, which is renowned for its work,’’ said Interim Chancellor Jeffrey Robinson. “We are looking forward to the connections and relationships that Nancy will cultivate across the state to increase research opportunities for faculty, expand curricula for various stakeholders, and increase internship and experiential placements for students."

Priyank Gandhi, an associate professor of finance at Rutgers Business School, explains that there are three basic reasons why the average consumer should pay attention to SOFR.

“SOFR may determine how much it costs you to borrow money from a bank,” Gandhi says. “It can influence how much banks pay on deposits or money invested with them, and it can be an early indicator of the health of the banking sector.”

“We are delighted that Dr. Caplan has agreed to lead the incredible team in the Office of Research and Sponsored Programs. Joel‘s experience as a successful researcher and administrator will be invaluable as he works with the office to support Rutgers-Newark faculty,’’ said Rutgers-Newark Chancellor Jeffrey Robinson.

David Dreyfus, associate professor of Supply Chain Management at Rutgers Business School and the director of the Masters of Healthcare Analytics and Intelligence program speaks with Tommy Tucker about production facilities consolidation efficiencies and vulnerabilities.

Podcast 23 minutes

However, tapping into all that data comes with some caution, notes Madhavi Chakrabarty, an assistant professor of marketing at Rutgers University.

“If a retailer wants to use AI systems—if it wants to use the power of some of these tools—it now has access to them, which it didn’t have before,” she says. “It makes the whole idea of personalization even more compelling. The challenge is the idea of data ownership. If I want to tailor the experience of my products to what you want, I need to know who you are. For personalization, I need to know a lot about you. And that can violate privacy.”

The symposium commenced with an inauguration ceremony, followed by a panel discussion on 'Technological Innovation, The AI Wave, and its Implications for Business Education and Practice'. Esteemed panelists included Professor Miklos A. Vasarhelyi from Rutgers Business School; CA P R Ramesh, Former Chairman of Deloitte India; and Professor D Manjunath from the Indian Institute of Technology, Bombay. Professor Suresh Govindaraj of Rutgers Business School moderated the discussion.

“Environmental, social and governance (ESG) is an interesting, yet complex and challenging topic,” says Vickie Anderson, associate director at Rutgers Business School Executive Education.

Anderson underlines the importance of practicality. “We help executives see how environmental risks and sustainable practices can be integrated into their day-to-day work, empowering them to take meaningful action while positively impacting the community and profitability,” she says.

Anderson shares how graduates from the program have driven impactful change.

“One organization is preparing to launch an innovative packaging system to reduce waste while boosting efficiency,” she says.

“Another has successfully established measurable targets to cut emissions, demonstrating a commitment to actionable and impactful sustainability goals.”

While holding two full-time jobs is not a violation of state law, Rutgers University Institute for Ethical Leadership director Joanne Ciulla said the taxpayer-funded position should take precedence.

Research by Kristina Durante at Rutgers University has demonstrated that user satisfaction increases when they experience a “happy accident.” This occurs when a product or service delivers an outcome that the user did not expect, but that matches their underlying desires.
Another study by Durante found that users were more likely to enjoy a suggestion that appeared random but still matched their interests, which was explained by the feeling that they had experienced a “fateful” or “surprise discovery” moment.

Arturo E. Osorio Fernandez associate professor of professional practice, Department of Management & Global Business, discusses mortgage rate increases (video in Spanish).

“Rutgers Business School is committed to rewarding excellent students, and this celebration is proof of that philosophy,” said Lei Lei, the dean of Rutgers Business School. “It was heartwarming to see the appreciation students and alumni have for the donors who work closely with the Center for Real Estate.”

Morris Davis, the Paul V. Profeta chair of real estate and the academic director of the Rutgers Center for Real Estate, added: “In 2024, we had so many excellent students in the program. Teams of these students participated in real estate case competitions and won or placed against large, well-known universities. The center awards numerous scholarships thanks to the generosity of our corporate sponsors, the advisory board, leaders’ council and our many supporters, and we are so grateful to them.”