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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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“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.

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.

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.”

"If something slows down in one facility, other ones can take over, so initially, customers are very unlikely to notice much of anything," said Rudi Leuschner, an associate professor at Rutgers Business School.

Arturo E. Osorio, associate professor of professional practice in management, discusses the impact of lower interest rates (in Spanish).

Rutgers-Newark Interim Chancellor Jeffrey Robinson said the impact of the program is immense.

“One of the efforts Fiserv has invested in over the years is our small business program,” he said. “That’s what we’re here to support and celebrate.’’

“Rutgers Business School is committed to rewarding excellent students, and this celebration is proof of that philosophy,” Lei Lei, the dean of Rutgers Business School, said. “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, said the students in the program are deserved of the recognition.

“In 2024, we had so many excellent students in the program,” he said. “Teams of these students participated in real estate case competitions and won or placed against large, well-known universities.”

Kevin Lyons, an associate professor of supply chain management at Rutgers Business School in New Brunswick, told Newsweek building a resilient energy infrastructure is key to solving what he called the "challenges that California faces."

California needs a "rock-solid and dynamic regional and local supply chain network" to complete this effort, Lyons added.

Rutgers Business School professor John Longo told The Hustle that there are two additional reasons.

The first is that such a good deal on rotisserie chicken promotes the idea that Costco offers excellent value. Customers will, the theory goes, tell their friends about the $4.99 chicken, and perhaps those friends will buy Costco memberships. Secondly, Longo argues that Costco gains customer goodwill by keeping the price of rotisserie chicken unchanged. Costco did not raise rotisserie chicken prices during the 2022 inflationary period, even though customers likely would have understood if it had. Sticking with the $4.99 price despite spiraling production costs allows Costco to project a customers-first image. It keeps us coming back for that great deal on rotisserie chicken, too.

Parul Jain, who teaches finance and economics at Rutgers Business School, has said that tipping got a huge boost during the COVID-19 pandemic.

People used to tip on the basis of performance, she said. Now, the near ubiquitous use of touch screens at places where we'd never previously think of tipping applies enormous pressure.

"You feel guilt or misery," Jain said, adding that during COVID when many eateries were struggling, it was not uncommon to tip 30%.

Problem is that the expectations remained high. "Tipping norms went up," she said. Moreover, restaurants already faced with increased food costs began relying on increased tips to pay their employees.

When does it make sense to worry about getting instant credit card approval?

You should first ask yourself why you need a particular credit card. If it does not provide good benefits, charges a high rate of interest, or requires an annual fee it probably does not make sense to get the card. In these cases, you are probably better served by maintaining your existing credit card(s) or applying for another card.

Arturo E. Osorio, professor of professional practice in management, discusses uncertainty in the construction industry due to the risk of losing immigrant labor. (In Spanish)

"Consumerism is kind of out of control," said Kristina Durante, a social psychologist and marketing professor at Rutgers Business School who has studied consumer decision-making. "There's so much uncertainty, and whenever uncertainty rises, so, too, does our willingness to want to compensate by buying things."

When companies change the ways they target potential customers it affects shopping behavior, Durante said. Internet searches and social media algorithms are tailored to each user's interactions, products are presented to consumers in a way that's specific to their needs or at least their online behavior.

"It's really hard to live in our modern digital age," Durante said.

Rutgers Business School Dean Lei Lei said in the release that students need to be prepared for a rapidly shifting, AI-focused landscape as they head into the job market.

“The fast advancement of technologies has fundamentally shifted the landscape of the business world and is making a transformative impact across industries,” Lei said in the release. “As a large public business school, our ambition is to prepare graduates with the skills and talent most in demand by industry.”

Preparing graduates means “revamping the learning experience, creating innovative and disruptive content, to ensure that our students gain a strong understanding of the emerging technologies, including AI, that companies are eager to use,” Lei said.

Most of the costs of tariffs would be borne by consumers, ultimately triggering more inflation and eating into the national gross domestic product, said Parul Jain, who teaches finance at Rutgers Business School in Newark.

“The whole thing is a little messy right now, and we don't have a clear-cut picture, so part of it is meant to be like a negotiating ploy as well,” says Rutgers Business School professor Parul Jain. She says Trump's using tariffs as a lever to control issues beyond trade, like immigration and drug smuggling, but the end result, “It is going to raise inflation rates in the United States, so consumers are definitely going to end up paying a lot more. The firms are fully expecting to pass on the price increases to the consumer. There's no doubt in their mind about that.”

Video, closed captions

A similar theme played out at Rutgers Business School-New Brunswick, where Sarah L. O’Rourke, CPA, is an assistant professor of professional practice in the Department of Accounting & Information Systems. She explained that enrollments in accounting majors were up. “It’s coming back, slowly but surely,” she added.

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.”

Arturo E. Osorio, professor of professional practice in management, discusses the tariff war. (In Spanish)

RBS Dean Lei Lei said Rutgers is introducing a revamped curricula to its business school students across various disciplines – including accounting, marketing, and supply chain management – to ensure that they are gaining the knowledge necessary to thrive in a rapidly evolving job market shaped by AI.

“The fast advancement of technologies has fundamentally shifted the landscape of the business world and is making a transformative impact across industries,” she said. “As a large public business school, our ambition is to prepare graduates with the skills and talent most in demand by industry.