New Jersey

A recently announced big revenue shortfall for New Jersey is a credit negative for the state, Moody's Investors Service said Wednesday.

New Jersey Gov. Chris Christie nominated John J. Degnan to be the new chairman of the Port Authority of New York and New Jersey on Tuesday.

The Port Authority of New York and New Jersey, operating under increased public scrutiny after the "bridgegate" scandal, is weighing the risk of providing a $1.2 billion loan guarantee for the developer of Three World Trade Center.

New Jersey government's March revenues came in 7% lower than expected, adding to financial pressure on the state.

Approvals for a planned New Jersey shopping mall and entertainment complex have brought the sale of roughly $740 million in high-yield bonds closer.

New Jersey's general obligation rating was cut to A-plus from AA-minus by Standard & Poor's, which cited the state's "sizable structural imbalance."

While there is wide agreement Northeast infrastructure is rotting, there is nowhere near the same consensus about what to do and how to pay for it.

An arm of New Jersey's legislature says revenues will be $526 million short of Gov. Chris Christie's estimates this fiscal year and next.

A bad business model is at the heart of problems at the Port Authority of New York and New Jersey, a report from an NYU transportation center said.

The chairman of the Port Authority of New York and New Jersey, David Samson, has resigned his position as of Friday morning, New Jersey Gov. Chris Christie said.

Legalized gambling once helped Atlantic City but its spread throughout the Northeast is now hurting the city's finances.

Fitch Ratings revised its outlook to negative from stable on New Jersey's general obligation and related debt on Friday afternoon.

The scandal over a traffic jam on the George Washington Bridge not only damaged Gov. Chris Christie's presidential prospects, it spotlighted the politicization of the Port Authority of New York and New Jersey, a major municipal bond issuer.

Newark, N.J. was put on review for a downgrade by Moody's Investors Service.

New Jersey Gov. Chris Christie called for additional cuts to the state's pension benefits to prevent them from crowding out other government goals.

The Port Authority of New York and New Jersey has approved 2014 capital and operating budgets.

Northeast issuers sold $93.1 billion of municipal bonds in 2013, down 17.4% from 2012.

The Port Authority of New York and New Jersey adopted a $27.6 billion capital plan focused on transportation projects.

The Port Authority of New York and New Jersey's proposed 10-year $27.6 billion capital plan returns the authority's emphasis to transportation projects

The Port Authority of New York and New Jersey, the agency at the heart of the scandal threatening Governor Chris Christie's political future, proposed a $27.6 billion 10-year capital plan to pay for projects including a new central terminal at LaGuardia Airport.