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July 25, 2025

Today's Highlights

Rep. Mikie Sherrill selects Dale Caldwell as Lt. Governor candidate

Rep. Mikie Sherrill has picked Dale G. Caldwell, the president of a small university in Warren County, a Methodist pastor, and former school board member in New Brunswick with a long history of government service, as the Democratic nominee for lieutenant governor. The 65-year-old Caldwell became the president of Centenary in 2023. The Hackettstown-based college, which has about 1,500 undergraduate and graduate students. (New Jersey Globe)

NRBP president Nixon elected to Association of Chamber of Commerce Executives board

President & CEO, Newark Regional Business Partnership (NRBP), Ferlanda Fox Nixon, has been elected to serve on the board of directors for ACCE, the Association of Chamber of Commerce Executives. ACCE is an Alexandria, Va.-based association of over 9,000 professionals who work for and with more than 1,300 chambers of commerce. Members of ACCE’s board of directors represent more than 50 organizations, including many of the world’s largest and most influential regional chambers of commerce. (BINJE)

10-year Treasury yield flat as investors assess U.S. economy, trade developments

The 10-year Treasury yield was relatively flat on Friday as investors weighed the slate of trade developments and economic data in the past week. After announcing a trade framework with Japan, U.S. President Donald Trump is now turning his attention to negotiations with the European Union. (CNBC)

Treasury Secretary details administration's plan to tackle China's economic imbalances

Treasury Secretary Scott Bessent said on Thursday that trade relations between the U.S. and China are stabilizing such that the Trump administration can turn some of its focus to broader economic issues with Beijing. Bessent was interviewed on FOX Business Network's "Kudlow" and said that while trade tensions with China ramped up significantly following the president's "Liberation Day" tariff announcement, they have since settled down to allow for a broader economic conversation with China. (Fox Business)

U.S. unemployment claims remain at historical low after falling for 6th straight week

The number of Americans filing for jobless aid fell for the sixth straight week, hitting the lowest level since mid-April. The Labor Department reported Thursday that jobless claims for the week ending July 19 fell by 4,000 to 217,000. That’s fewer than the 227,000 new applications analysts were expecting. Applications for unemployment aid are viewed as representative of layoffs. (PBS)

Cornerstone NJ Member News

Giants, NBC 4 New York, Telemundo extend partnership, including first Spanish language Giants-Jets game broadcast

The New York Giants announced July 24 an extended partnership agreement with NBC 4 New York/WNBC and Telemundo 47/WNJU that includes the first Spanish-language preseason broadcast of the annual “MetLife Bowl” between the Giants and Jets on Aug. 16 at MetLife Stadium. (ROI-NJ)

Carbon-capture technology being tested at N.J. Natural Gas could be major breakthrough  

Advancements in decarbonization and energy efficiency can help increase grid capacity. N.J. Natural Gas is partnering with Philadelphia-based Carbon Reform on a simple and effective carbon reduction system pilot project that is up and running at its Lakewood facility. (BINJE)

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JAG continues stretch across Monmouth County

JAG Physical Therapy continues its growth across Monmouth County with the addition of a new clinic in Wall and a relocated facility in Hazlet. Both announced July 21, the openings bring JAG’s Monmouth County office count to 12. (NJBIZ)

Cornerstone NJ is a membership program of the New Jersey Chamber of Commerce. 

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Do business with fellow N.J. Chamber members — you can find them in our online directory.

N.J. Chamber Business Roundtable Series

Sept. 9 – Breakfast with Assembly Majority Leader Greenwald

National Conference Center, East Windsor, 8 a.m. to 10 a.m.

Enjoy a networking opportunity with attendees over breakfast, and then hear from Majority Leader Greenwald. The presentation will be followed by Q&A.

More information and register

Sept. 10 – Young Professionals Networking Mixer

NJ Sharing Network, New Providence, 5:30 p.m. to 8 p.m.

More information and register

Sept. 18 – Women of Inspiration Awards Reception

National Conference Center, East Windsor, 5 p.m. to 8:30 p.m.

The New Jersey Chamber announced June 25 that it is honoring 12 women who have used talent and hard work to create economic opportunities and help make New Jersey a better place to live and work.

More information and register

Sept. 25 – Member Networking Breakfast (Free to members)

New Jersey Audubon, Bernardsville, 9 a.m. to 10:30 a.m.

Register

Oct. 22 – NJ Chamber Legislative & Business Awards Reception

EisnerAmper, Iselin, 5 p.m. to 8 p.m.

We will recognize state leaders and advocates who have demonstrated an unwavering commitment to supporting N.J.’s business community.

See honorees and register

Nov. 6 – DE&I Trailblazer Awards Reception

Co-Hosted by African American Chamber of NJ and NJ Chamber

Pines Manor, Edison, 5:30 p.m. to 8 p.m.

More information coming soon

Dec. 11 – Annual Member Holiday Party (Free to members)

Calandra's Italian Village, 5 p.m. to 8 p.m.

More information coming soon

March 31 – April 1, 2026 – ReNew Jersey Business Summit & Expo

Harrah's Atlantic City

More information coming soon

Were you forwarded this newsletter? For more information about the N.J. Chamber, email Patrick.Daily@njchamber.com.

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