New Jersey

A long-stalled development of vacant Newark, N.J. land could provide a financial jolt to New Jersey’s largest city.

A proposal to expand casino gambling in New Jersey beyond Atlantic City will head to voters after both houses of the state legislature approved a resolution Monday to put the issue on the Nov. 8 ballot.

The U.S. Supreme Court’s Feb. 29 decision to not hear an appeal by New Jersey labor groups challenging Gov. Chris Christie’s authority to cut pension payments is a credit positive for the Garden State since it retains an ability to annually determine contribution levels, according to Moody’s Investors Service.

A bill to give New Jersey increased power over Atlantic City finances advanced in the State Senate.

New Jersey Republican State Sen. Joseph Pennacchio is proposing beefing up pension funding in the state’s 2017 budget.

In a case that could prove pivotal to New Jersey’s future credit rating, the state’s Supreme Court will hear oral arguments on March 14 to determine if annual cost of living adjustments to retirees' pension benefits need to be restored.

With a strike deadline looming, New Jersey Transit and a coalition of 11 railroad labor unions are negotiating to avoid a shutdown of its commuter rail system.

Ongoing budget woes in Paterson, N.J. that led to a one-day government shutdown on March 1 are a credit negative for New Jersey’s third largest city, according to Moody’s Investors Service.

New Jersey is experiencing a deterioration of its credit quality with spreads widening in state-issued debt, according to Janney Capital Markets.

New Jersey Gov. Chris Christie's veto of scheduled contributions to the state's pension fund won't be heard by the U.S. Supreme Court, providing short-term budget relief but leaving the state's pensions underfunded.

A new state legislative document showing that New Jersey can take control of Atlantic City finances under existing law highlights a plan that would prove more beneficial than a takeover bill lawmakers are weighing, Mayor Donald Guardian said.

New Jersey can seize control of Atlantic's City finances under existing state law even absent passage of a takeover bill, according to a new memo.

Newark Mayor Ras Baraka is calling for an audit of Port Authority of New York and New Jersey revenue related to the agency’s lease agreement with the city.

A $34.8 billion 2017 fiscal budget proposed by New Jersey Gov. Chris Christie will weaken the state's credit position and increase the chances of future bond downgrades if enacted, according to Municipal Market Analytics.

Atlantic City officials are not on board with a proposed state intervention plan pending in the New Jersey Legislature.

A new Atlantic City rescue bill proposed Wednesday would give New Jersey increased power over the city's finances in an effort to avoid bankruptcy.

New Jersey Gov. Chris Christie remained staunchly opposed to raising taxes in his annual budget address.

Atlantic City's fiscal distress is a credit negative for New Jersey's Atlantic County, according to Moody's Investors Service.

New Jersey could achieve more than $2 billion in annual savings by aligning public worker health care benefits more closely to private-sector employer standards, according to a new report released Thursday by Gov. Chris Christie’s bipartisan pension commission.

Atlantic City, N.J., which is on pace to run out of cash flow by early April, has the fifth worst vacancy rate in the U.S, according to new data released by RealtyTrac.