Mall developers in New Jersey are adopting strategies to survive what is expected to be a difficult holiday season.

Mall developers in New Jersey are adopting strategies to survive what is expected to be a difficult holiday season.

From inside the small banks and credit unions that anchor the state’s downtowns, the view of today’s financial crisis is placid and shaded by a hint of I-told-you-so.

New York City seems increasingly likely to fall into recession, many analysts say. To get a sense of what that might look like, one need only cross the Hudson River.

Using derivatives called credit-default swaps, traders are making a profit by betting against the finances of the State of New Jersey and other municipalities.

Speculators have long been able to short-sell stocks, making money when share prices fall. But derivatives are now making it possible, in effect, to short municipal bonds.

Market experts say the supersize single-family house in the suburbs is taking a harder hit than other housing types in New Jersey.

As the housing slump persists, the bloom is off the rose for the “active adult” sector — perhaps even more so than for the overall market.

A bank that flew under the radar screen has quietly racked up a market value of $10 billion, eclipsing troubled giants that have been swamped by mortgage and credit card losses.

In a state with a record of corruption that needs watching, its major newspaper is looking for buyouts from a quarter of the newsroom.