New Jersey

Atlantic City officials will discuss the possibility of filing for bankruptcy protection at an emergency city council meeting.

Pending pension litigation will play a key role in determining whether New Jersey’s low credit rating improves or worsens in 2016, according Moody’s Investors Service.

Atlantic City Mayor Donald Guardian is eyeing bankruptcy after Gov. Chris Christie rejected a financial rescue package.

New Jersey Gov. Chris Christie allowed legislation to create an Atlantic City financial rescue package to lapse, leaving the struggling gambling hub at risk of running out of cash by April.

Atlantic City Emergency Manager Kevin Lavin stopped short of recommending bankruptcy in his second report on the financially strapped Jersey Shore gambling hub.

New Jersey tax collections are up 3.9% at the halfway point of the 2016 fiscal year, according to the State Department of Treasury.

Atlantic City’s casino operators lost 6.5% in revenue last year compared to 2014, according to figures New Jersey’s Division of Gaming Enforcement released on Jan. 13.

New Jersey’s proposed casino expansion into the northern part of the state is a potential credit negative for Atlantic City, according to Moody’s Investors Service.

Three New Jersey Senators announced plans Tuesday to introduce legislation that would have the state assume management of Atlantic City’s troubled finances.

New Jersey Gov. Chris Christie lashed out during his annual State of the State address at an amendment approved by Democratic lawmakers to require quarterly pension payments.