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Economy

Sharp Drop In College Enrollment Raises Alarm Sharp Drop In College Enrollment Raises Alarm
Sharp Drop In College Enrollment Raises Alarm Fewer high school graduates began college this fall, with enrollment in that age group dropping 5 percent from last year, according to an analysis by the National Student Clearinghouse Research Center.  Four-year institutions were hardest hit, with public colleges seeing an 8.5 percent drop in first-year enrollments and private nonprofit colleges reporting a 6.5 percent decline.  This trend poses significant challenges for colleges and universities, particularly those reliant on tuition revenue.  As the competition for students intensifies, institutions face mounting pressur…
Mikie Sherrill Announces Run For Governor Mikie Sherrill Announces Run For Governor
Mikie Sherrill Announces Run For Governor Rep. Mikie Sherrill, D-NJ, is the latest name to announce she is running for Governor of New Jersey. Sherrill, who was recently re-elected to a fourth term representing New Jersey's 11th Congressional District, declared her candidacy in a video on Monday, Nov. 18. Gov. Phil Murphy is not eligible to run for re-election in 2025 due to term limits. The video, "Build Something," touts her background as a graduate of the United States Naval Academy and serving as a helicopter pilot in the Navy. "In a crisis the worst thing you can do is freeze," Sherrill said. "You have to choose to lead,…
Election 2024: Trump Reclaims Presidency By Securing Wins In Key Battleground States Election 2024: Trump Reclaims Presidency By Securing Wins In Key Battleground States
Election 2024: Trump Reclaims Presidency By Securing Wins In Key Battleground States Crucial triumphs in the key battleground states have lifted former President Donald Trump back to the White House. The 78-year-old Trump was declared winner of the 2024 election against Vice President Kamala Harris just before dawn on Wednesday, Nov. 6. Trump has been projected to win all three "Blue Wall" states of Michigan, Pennsylvania, and Wisconsin. With big additional wins in North Carolina and Georgia, he has secured the 270 electoral votes needed to reclaim the presidency, becoming the first president who will serve non-consecutive terms since former Democratic New York Gov. Grover…
Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee
Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee President Joe Biden has just announced he is pulling out of the 2024 race against Republican nominee Donald Trump. In a letter to "My Fellow Americans" released just before 2 p.m. Sunday, July 21, Biden said: “It has been the greatest honor of my life to serve as your president. “And while it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term.” The news comes amid concerns over the 81-year-old Biden's health, which were loudly …
Costco Raising Membership Fees In US, Canada Costco Raising Membership Fees In US, Canada
Costco Raising Membership Fees In US, Canada The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10.  Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally.  On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1.  Annual memberships are rising $5 making them $65…
Yet Another Renowned NJ Catering Venue Passes: The Woodcliff Lake Hilton Closes Yet Another Renowned NJ Catering Venue Passes: The Woodcliff Lake Hilton Closes
Yet Another Renowned NJ Catering Venue Passes: The Woodcliff Lake Hilton Closes Yet another North Jersey hotel that rings with decades worth of fond memories is biting the dust -- and raising the anxiety levels for customers forced to find another venue for their weddings, proms, bar mitzvahs and other special events. The Hilton Woodcliff Lake is closing within the next two weeks, having been sold at auction to a company headed by a New Jersey-bred billionaire developer. "I personally have been going to events there since I was a teenager. My own Sweet 16, proms, fundraisers were all held there," New Jersey State Sen. Holly Schepisi said. “I’m sorry to see such a long-…
'D Brooks Special': Newark Airport Restaurant Drops Price Of $78 Meal To $18 After Online Post 'D Brooks Special': Newark Airport Restaurant Drops Price Of $78 Meal To $18 After Online Post
'D Brooks Special': Newark Airport Restaurant Drops Price Of $78 Meal To $18 After Online Post You too can eat and drink like a well-known New York Times columnist at Newark Airport, but now at a discounted rate. Smokehouse, located in Terminal A at the airport, announced on social media it is offering a hamburger, fries and a double shot of whiskey for $17.78.  Earlier report: NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport The move comes in response to a post from David Brooks, who bemoaned that his meal consisting of those items cost $78. Just added to the Menu. We’re the topic of America right now! #youcantbeatourmeat Nina Dawkins Kevin W Wortham Maurice…
NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport
NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport A tweet by David Brooks, a conservative commentator who writes for the New York Times, complaining about the price of a meal at Newark Airport has gone viral, with some questioning its authenticity. Brooks lamented that his burger, fries and alcohol combo cost $78 in a post on  the X platform (formerly known as Twitter) that has been viewed almost 15 million times. This meal just cost me $78 at Newark Airport. This is why Americans think the economy is terrible. pic.twitter.com/1qeV9qOBL3 — David Brooks (@nytdavidbrooks) September 21, 2023 "This is why Americans think the economy is ter…
Wall Street Investor With NJ Tie Predicts Economic Downfall Wall Street Investor With NJ Tie Predicts Economic Downfall
Wall Street Investor With NJ Tie Predicts Economic Downfall A Virginia-raised investor with a tie to New Jersey is going viral for his recent prediction on the status of the economy. “The economy is going to collapse,” Novogratz said in a Wednesday, June 15 interview with MarketWatch. “We are going to go into a really fast recession, and you can see that in lots of ways.” The Princeton University graduate's remarks came shortly before the Federal Reserve raised rates by 0.75 percent in an attempt to reduce inflation without going into a recession. Novogratz, CEO of cryptocurrency investment firm Galaxy Digital, cited layoffs in …
WalletHub Ranks New Jersey No. 1 Best State To Live In America WalletHub Ranks New Jersey No. 1 Best State To Live In America
WalletHub Ranks New Jersey No. 1 Best State To Live In America Is it the beaches? The breakfast sandwiches? Or the pizza? WalletHub has released its latest rankings of the best states to live in America, landing New Jersey at No. 1. The website ranked each state based on five key factors: Affordability, economy, education/health, quality of life and safety. Here are the other states that ranked among the top 10 in the nation: 1. New Jersey 2. Massachusetts 3. New York 4. Idaho 5. Minnesota 6. Wisconsin 7. Utah 8. New Hampshire 9. Iowa 10. Pennsylvania Click here to see the fully ranked list of the best states to live in.
Amazon Announces 5 New NJ Delivery Sites Amazon Announces 5 New NJ Delivery Sites
Amazon Announces 5 New NJ Delivery Sites More amazing news on the Amazon jobs front. The giant internet retail outlet announced five new future delivery sites as it opened its Linden delivery station in Union County.  Two new delivery sites will be in Middlesex County, two are targeted for Burlington County and one is planned in Mercer County, Amazon said in a press statement.  Amazon's newest delivery locations, all set to open in 2021, are at: 2473 Old York Road - Building 1 in Bordentown; 343 Half Acre Road in Cranbury; 400 Delran Parkway in Delran; 1115 King Georges Post Road in Edison; and  10 Princess Road …
COVID Flight: New Jersey, New York Lead US In Out-Of-State Moves, CT Close Behind, Survey Says COVID Flight: New Jersey, New York Lead US In Out-Of-State Moves, CT Close Behind, Survey Says
COVID Flight: New Jersey, New York Lead US In Out-Of-State Moves, CT Close Behind, Survey Says New Jersey and New York are leading the nation in the percentage of household relocations to other states, driven by the “new normal” of the coronavirus pandemic, a recent survey shows. A whopping 69% of all New Jersey residents who moved from March 1 to Aug. 19 relocated out of state, UniGroup reports. That’s just about 7 of every 10. New York is close behind at 67%, with Connecticut fourth at 64%. Residents from New Jersey and New York mostly moved to suburbs and smaller towns in Florida, Texas and other Sunbelt states between March and July, Bloomberg reported. Vermont, Idaho, Oregon a…
'Back By Easter': Assistant DA Turned NJ Comedian Goes Viral For Trump Impersonation 'Back By Easter': Assistant DA Turned NJ Comedian Goes Viral For Trump Impersonation
'Back By Easter': Assistant DA Turned NJ Comedian Goes Viral For Trump Impersonation A North Jersey comedian who left his job as an assistant district attorney had racked in more than 3 million views as of Thursday on a video of him impersonating President Trump's response to "bringing the economy back" by Easter. J-L Cauvin of Bloomfield (Essex County) hilariously nailed the impression on Tuesday moments after hearing about the president's plan. “I have decided, I’m announcing today, we are going to bring back the economy on Easter Sunday," the comedian said as Trump. "Because God who, to be honest is, you know, he’s a good God, he’s done some strong things, some -- …
U.S. News Ranks New Jersey 12th Best State U.S. News Ranks New Jersey 12th Best State
U.S. News Ranks New Jersey 12th Best State In our hearts, New Jersey might be the best state but according to U.S. News, there are 11 others ahead of us. The Garden State shines for its education, health care, opportunity and crime/corrections, according to the website's annual report.  New Jerseyans earn a median income of $40,567 and 46 percent of residents are college-educated. The state was ranked at No. 49 for fiscal stability (yikes), Illinois at 50. Washington holds the top seed for its infrastructure, economy, healthcare and education with New Hampshire in second -- ranked No. 1 for crime/corrections and opportunity. …
Bloomberg: Bergen Among 6 Counties With Highest Concentrations Of Wealth In America Bloomberg: Bergen Among 6 Counties With Highest Concentrations Of Wealth In America
Bloomberg: Bergen Among 6 Counties With Highest Concentrations Of Wealth In America Upper Saddle River moved down nine spots since last year on Bloomberg's newly-released index of richest places in America. With an average household income of $271,700 came in at No. 32 on this year's report -- compared to No. 23 in 2018. Bergen is among the six counties of concentrated wealth in the U.S., the report says. Others are Westchester in New York, Fairfield in Connecticut, Cook County of Chicago, Los Angeles County and Montgomery County, Maryland, bordering Washington D.C. Other New Jersey municipalities on the list: No. 49: Glen Ridge (up from No. 58 in 2018) No. 47: Nor…
RANKINGS: Wealthiest Towns In North Jersey According To Census Data RANKINGS: Wealthiest Towns In North Jersey According To Census Data
Rankings: Wealthiest Towns In North Jersey According To Census Data The median household income in New Jersey is $76,475 -- so how do North Jersey towns factor in? According to data from the U.S. Census covering 2013 through 2017 released last month, several communities in Bergen and Passaic have some of the highest earners in the state. The median income in Bergen County was $91,572 and $63,339 in Passaic County. Median income is the amount that divides the income distribution into two equal groups: Half of the population has an income above that amount, and half are below it.  The wealthiest municipalities in Bergen County: Closter…
Gov’t Report: Climate Change Will Cost U.S. Lives, Hundreds Of Billions Of Dollars Gov’t Report: Climate Change Will Cost U.S. Lives, Hundreds Of Billions Of Dollars
Gov’t Report: Climate Change Will Cost U.S. Lives, Hundreds Of Billions Of Dollars Climate change isn’t just happening – it’s going to get much worse, warns a massive government report that proposes solutions that are severely at odds with President Trump’s policies. Extreme weather, changes in air quality and the spread of new diseases by insects will combine to cost the U.S. economy hundreds of billions of dollars in health, agricultural and infrastructure damage by the end of the century, warns Volume II of the National Climate Assessment, which was released Friday. "Earth’s climate is now changing faster than at any point in the history of modern civilization, primar…
Waste Not: How To Get Creative In The Fight Against Food Waste Waste Not: How To Get Creative In The Fight Against Food Waste
Waste Not: How To Get Creative In The Fight Against Food Waste Across the United States, billions of pounds of food are thrown away annually, an amount that comes to roughly 300 pounds per person. How does this excess occur and what are the side effects of this large-scale disposal? Food waste occurs when any edible item goes unconsumed, from grocery store items that are discarded prior to shelving to consumers leaving food on their plates. The waste also occurs when available food goes uneaten after harvest, due to agricultural conditions or improper storage. "Food waste not only results in wasted money for consumers, but in wasted nutrients as …