New Jersey

A political brawl involving a bone-dry transportation trust fund and a pension-funding referendum continues as New Jersey lawmakers reconvene.

Atlantic City has tapped financial advisors PFM Group and NW Financial to assist with its recovery plan needed to avoid state intervention.

Atlantic City is slated to receive a $74 million bridge loan from New Jersey to avoid an August 1 default after the City Council voted to accept the state's repayment terms.

Atlantic City will default unless reaches agreement with the New Jersey state government on a bridge loan, according to Moody's Investors Service.

The New Jersey State Senate is pressing ahead with a new gas tax bill to replenish the state's Transportation Trust Fund despite opposition from Gov. Chris Christie.

New Jersey legislative leaders are pitching a new proposal to revive the expired Transportation Trust Fund for statewide road and rail projects.

Jersey City, N.J., has granted a 30-year tax break to jump-start part of an expansion to New Jersey City University.

New Jersey Gov. Chris Christie’s office has announced the $3.5 billion of road and rail projects funded by the expired Transportation Trust Fund that will grind to a halt Friday at midnight.

New Jersey's Transportation Trust Fund is running low on gas after state lawmakers failed to reach agreement on a plan to replenish the program before Thursday's deadline.

Atlantic City is looking to slice its annual debt service payments by 26% as part of its recovery plan to avoid a state takeover, Mayor Donald Guardian said during a community meeting Tuesday night.

New Jersey legislative leaders and Gov. Chris Christie have reached agreement on a compromise gas tax hike plan to keep the state’s Transportation Trust Fund afloat that would be offset by a sales tax cut.

New Jersey revenues tumbled 7.3% in May compared to the year before.

New Jersey bonds could see spread tightening after a state Supreme Court decision upholding the 2011 suspension of cost of living adjustments to retiree pension benefits, but any boost will likely be short-lived, according to Municipal Market Analytics.

A bipartisan coalition of New Jersey lawmakers are pushing a $20 billion 10-year Transportation Trust Fund plan that faces skepticism from Gov. Chris Christie.

Atlantic City has hired McManimon Scotland & Baumann as bond counsel in an effort to avoid a state takeover.

Atlantic City's junk-rated Municipal Utilities Authority could play a key role in deciding the distressed city's financial fate.

The New Jersey Supreme Court upheld Gov. Chris Christie’s 2011 suspension of cost of living adjustments for retirees’ pension benefits in a ruling that keeps the state's pension funding position from getting even worse.

A new state rescue plan fails to address Atlantic City’s long-term fiscal challenges, S&P Global Ratings said Tuesday in affirming its deep junk-level CC rating of the New Jersey gambling resort.

New Jersey voter approval of gaming expansion could lead to as many as four casino closures in Atlantic City, but the proposed referendum faces an uphill battle, according to Fitch Ratings.

The Atlantic City rescue package New Jersey Gov. Chris Christie signed before the Memorial Day weekend is a credit positive for the cash-strapped gambling hub, according to Moody’s Investors Service.