Pace Now

Pace University economics professor Mark Weinstock says the Fed has kept interest rates low for as long as it did to promote spending during the downturn of the pandemic. He says it is a little late in raising the rates, and he thinks it should have been raising rates gradually as the economy improved. Weinstock says the problem now is that the Fed has to play catch up quickly. He says the new rates will cause stocks to be worth less, make 401(k)s, stocks and bonds worth less (which will be a problem for people retiring soon), slow spending as people put off vacation and big purchases, and will increase mortgage rates.

For STEM graduates who studied science, technology, engineering or math, opportunities are plentiful right now, said Mark Weinstock, an economics professor at Pace University. "I’ve never seen a better job market in my life," he said. "In terms of internships and jobs, if you cannot get one now, you’re dead from the neck up. The salaries are hitting highs that I never thought I would see in the foreseeable future."

New York City Mayor Eric Adams gives a thumbs-up after receiving an honorary degree during a graduation ceremony for Pace University at the USTA ...

Pace University economics professor Mark Weinstock says among other factors, the Federal Reserve Board simply dropped the ball.

Pace University’s Elisabeth Haub School of Law Dean Anderson was part of the  15 accredited New York law school deans enlisted by state lawmakers to create the rules for appointing candidates to the new commission that's scheduled to take shape next month as the much-maligned Joint Commission on Public Ethics.

Being polite is easy, but being polite in an email is a challenge. By Liana Sameth, Pace University

Dr. Aditi Paul, sex and relationships professor at Pace University, New York, says, “We are sensual beings. We have 5 senses, and all of those together lead to our feeling of attractiveness that we feel towards our partner.