New Jersey

New Jersey Gov. Phil Murphy and a coalition of state lawmakers agreed to legalize recreational marijuana in a package that sets out tax rates.

New Jersey Gov. Phil Murphy’s second proposed budget relies on tax increases to fund his policy initiatives.

Sen. Chuck Schumer, D-N.Y., is making an end run around the Trump administration and proposing a legislative solution to jump-start the Gateway project.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

The head of the entity overseeing the Gateway initiative lays the delays at the foot of the Trump administration.

Gov. Phil Murphy’s administration says the revenue shortfall is driven largely by federal tax law changes the GOP passed in 2017.

New Jersey and Delaware agreed on a plan to raise tolls to fund capital improvements on a key northeast transportation link.

New Jersey Transit agreed to make back payments to Amtrak in a settlement both sides say will pave the way for infrastructure improvements.

An unexpected tax appeal settlement with Atlantic City's Hard Rock Hotel & Casino will steer financial resources away from the city's recovery efforts.

Gov. Phil Murphy’s administration issued an RFQ for an advisor to evaluate using state-owned assets to stabilize its pension system.

Moody's Investors Service upgraded Newark to Baa2 from Baa3.

Strong 2018 numbers at the Port Authority of New York and New Jersey underscore the importance of its capital investments, officials said.

Gov. Phil Murphy wants a major overhaul of what he sees as wasteful, ineffective tax incentive programs.

New Jersey Gov. Phil Murphy wants the Port Authority of New York and New Jersey to prioritize a $2.1 billion replacement for the monorail at Newark's airport.

New Jersey Gov. Phil Murphy vetoed a toll increase that would have supported bond-financed capital improvements.

Jersey City's legal settlements with two major entities are a credit positive, according to Moody's Investors Service.

A prolonged federal shutdown would have negative credit implications not felt in previous spending standoffs, according to Moody’s Investors Service.

The Port Authority of New York and New Jersey hailed completion of a project designed to shift cargo from truck to rail.

The legislature is exploring improvements to tax collection forecasting to better align the state’s spending priorities.

The New Jersey Educational Facilities Authority will revive a leasing program that hasn't been used since 2011.