New Jersey

Atlantic City's state overseer sees a “major” breakthrough following a $49 million bond sale.

The St. Louis-based firm enters its second century of business this year.

The Tobacco Settlement Corp. is coming to market with over $3 billion of municipal bonds in a refunding deal that takes out all of the securities issued back in 2007.

The New Jersey legislature again passed legislation to hand police officers and firefighters control of their pension fund.

State government credit support will bring the junk-rated city's coming taxable bond sale up to investment grade.

Gov. Phil Murphy is targeting New Jersey Economic Development Authority tax incentive programs.

The project would get money from Amtrak, capital investment and other accounts under the omnibus spending bill, the details of which are expected to be released later today .

New Jersey Gov. Phil Murphy wants his first budget proposal to begin a turnaround for the state’s mass transit system.

President Trump has threatened to veto this long-delayed omnibus if it contains a $900 million appropriation for Gateway that the House approved in September as part of a spending bill for the Transportation and Housing and Urban Development Departments.

Democrats are frustrated that President Trump's infrastructure plan would require state and local governments to come up with the majority of funds for infrastructure projects.

Voters delivered mixed results Tuesday in two of three South Jersey school districts on whether to approve bond-issue borrowing for big-ticket improvement projects.

New Jersey Gov. Phil Murphy proposed a "millionaires tax" and a sales tax increase.

New Jersey lawmakers are tackling legislation that would create an easier path for developers to finance large-scale economic development projects with bonds.

Transportation Secretary Elaine Chao confirmed a report that President Trump lobbied House Speaker Paul Ryan against putting any funding for the project in an omnibus spending bill.

When and if the state actually funds its pension system on an actuarial basis is the key question for New Jersey, analysts said.

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.

Changes to return assumptions ease short-term budget pressure while lowering funding for the state pension system.

Transportation Secretary Elaine Chao said career employees within her department calculated only a 5% local funding commitment because the two states are relying on federal loan guarantees.

Northeast municipal bond issuance was up 4% from 2016 to $121.3 billion.

The plan calls for up to $55 million of borrowing to fund 2015 state health and pension benefits.