New Jersey

Declining state support and COVID-19-related funding pressures triggered a second downgrade to New Jersey City University in advance of a $52 million borrowing.

Uncertainty surrounding whether colleges and universities can safely open their doors this fall adds stress to the already challenged higher education sector.

Financial damage from the COVID-19 pandemic forced New Jersey Gov. Phil Murphy to retreat from plans to build up the state’s reserves.

Moody's downgrades regional public university two notches to Baa3 ahead of a $52 million revenue refunding bond sale.

S&P Global Ratings follows Moody's Investors Service in revising state’s credit outlook downward on revenue losses from COVID-19 pandemic.

For the second time in two weeks, a rating agency lowered the Port Authority of New York and New Jersey's outlook.

The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.

Financial strains from COVID-19 were the primary factor in downgrading the state to A-minus from A. The outlook was revised to negative from stable.

The New Jersey Infrastructure Bank has implemented a backstop municipal note program aimed at bringing fiscal stability to the state’s local governments as they grapple with the COVID-19 pandemic.

Phil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.

One of the nation’s largest transportation borrowers issued its first bond disclosure about the fiscal impacts from the COVID-19 pandemic.

Shifts in smoking habits and increasing tobacco restrictions drove two downgrades of the New Jersey Cigarette Tax Revenue Bonds.

Volume is down sharply across the Port Authority of New York and New Jersey's transportation assets since the March COVID-19 outbreak.

The rating agency affirmed its A3 rating of the state's general obligation bonds; the outlook revision affects $35.9 billion of debt.

Tuition revenue headwinds made worse by the COVID-19 pandemic cost New Jersey’s Rider University its investment grade rating.

With Atlantic City casinos closed, Fitch Ratings revised the outlook to negative from stable on Casino Reinvestment Development Authority bonds.

The Garden State is extending its 2020 fiscal year calendar by three months in an effort to fully gauge economic fallout from the ongoing COVID-19 pandemic.

Tom Prendergast and Denise Berger were hired by the engineering firm to spearhead major infrastructure needs facing the New York City region.

The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.

Gov. Phil Murphy’s administration places nearly $1 billion of discretionary spending in reserve through the 2021 fiscal year amid economic struggles from virus.