New Jersey

New York State's business tax climate ranks last in the nation according to think-tank the Tax Foundation. New Jersey is second-worst.

The Delaware River Joint Toll Bridge Commission sold bridge system revenue refunding bonds after receiving positive outlooks from Moody's and Standard & Poor's.

Moody's Investors Service downgraded to A2 from A1 $8.9 million of general obligation unlimited tax bonds of the Township of Little Falls, N.J.

Fitch Ratings upgraded to BBB-plus from BBB almost $1 billion of debt issued on behalf of Barnabas Health in New Jersey.

The Port Authority of New York and New Jersey sold $2 billion of taxable bonds on Thursday — a day ahead of schedule, due to strong demand.

The Port Authority of New York and New Jersey will sell $2 billion of taxable bonds for its multi-billion dollar project of redeveloping the World Trade Center site in lower Manhattan.

The Port Authority of New York and New Jersey's toll increases were necessary to keep the agency's facilities in a state of good repair, according to independent reports made public on Wednesday.

Standard & Poor's revised the outlook on New Jersey's general obligation bonds to negative from stable, based on the state's structural imbalance and optimistic revenue assumptions.

The Pennsylvania Higher Educational Facilities Authority is expected to sell $200 million of revenue bonds on Tuesday and the New Jersey Economic Development Authority is expected to sell $400 million of bonds and notes on Wednesday, with retail pricing Tuesday.

Moorestown, N.J. approved $11.9 million of bonds or notes to finance the construction of a new municipal library and town hall building.

Trenton's Mayor Tony Mack was arrested on Monday morning on corruption charges related to a parking garage project in the city.

The New Jersey Economic Development Authority's chief executive officer, Caren Franzini, will end her 18-year tenure at the end of next month.

Gov. Chris Christie signed legislation on Wednesday to integrate all but two units of the University of Medicine and Dentistry of New Jersey into Rutgers, the State University of New Jersey.

Moody's Investors Service has placed Saint Peter's University Hospital's Baa3 bond rating on review for downgrade, affecting $165.7 million of outstanding rated debt.

July's income tax collections in New Jersey increased from the same month last year by $54 million, according to a statement released by the state's Department of Treasury.

The New Jersey Environmental Infrastructure Trust is scheduled to sell $200 million of infrastructure refunding bonds in a competitive sale on Tuesday. The refunded bonds were originally issued to finance water and wastewater system projects in New Jersey.

Casino operators, Native American and commercial alike, are scrapping for market share. Competition is keener, discretionary dollars are fewer in a still-down economy and several states are scrambling to snare or preserve gambling revenue.

New Jersey Gov. Chris Christie approved the issuance of $750 million of general obligation bonds for higher education capital projects on Wednesday. The issue will go to voters in November.

The Port Authority of New York and New Jersey board on Wednesday approved up to $2 billion of financing, including a $500 million and $1.5 billion sale of consolidated refunding bonds, for the World Trade Center project.

Ridership on Port Authority Trans-Hudson, or PATH trains, is on pace to set a record for the second consecutive year.