New Jersey

The New Jersey Municipal Qualified Bond Act program, New Jersey County College Enhancement Bond Program, and New Jersey School Bond Reserve Act program were all downgraded in connection with the recent downgrade of the state government.

Bill Baroni and Bridget Anne Kelly, former allies of New Jersey Governor Chris Christie, are headed to prison for their roles in a politically motivated plot to create traffic jams near the George Washington Bridge in the scandal known as Bridgegate.

Atlantic City's redevelopment effort appears to be gathering momentum following a "lost decade" that featured the closing of five casinos, a housing crisis and major recession, according to a new bi-annual report released Tuesday by the South Jersey Economic Review.

New Jersey Gov. Chris Christie signed legislation Monday allocating $400 million from the state's Transportation Trust Fund for immediate road, bridge and transit projects in the current fiscal year.

Rising pension liabilities landed New Jersey its second downgrade in less than four months Monday, with Moody’s Investors Service dropping the state’s general obligation bonds one notch to A3.

The New Jersey Turnpike Authority is likely to face spread penalties for its $525 million revenue bond deal this week, but strong demand is still expected despite the state's credit woes.

New Jersey lawmakers approved legislation to spin off management of the Police and Firemen’s Retirement System from the state’s struggling $71 billion pension fund.

President Trump’s proposed Fiscal Year 2018 budget would cause a major setback to plans for a long-stalled Gateway rail project connecting New Jersey and Manhattan, lawmakers and transportation advocates warned.

Drew University's bonds went deeper into junk territory after Moody's Investors Service cited the small Madison, N.J., private college's "unsustainable operating deficits" and weakening reserves.

The New Jersey Educational Facilities Authority achieved record bond volume in 2016, the higher education conduit issuer announced Friday.

Long-term structural balance in New Jersey remains elusive thanks to continued deferral of full funding for future retirement obligations, said S&P.

New Jersey’s financial stress is influencing investors, as reflected in recent trading levels.

New Jersey Gov. Chris Christie signed legislation Monday that invests $34 million from a state bond program for facility enhancements at colleges and universities.

Edward Bambach, the New Jersey Educational Facilities Authority’s first and longest-serving executive director and a national public finance leader for higher education, died Sunday morning. He was 90.

New Jersey tourism grew for a seventh straight year in 2016 generating a $44.1 billion economic impact to the Garden State, Lt. Gov. Kim Guadagno said.

The absence of a significant plan to combat New Jersey's deteriorating finances will lead to more rating downgrades and wider credit spreads, according to Janney Capital Markets.

State intervention and a settlement of outstanding casino tax refunds drove an S&P Global Ratings upgrade of Atlantic City’s to CCC, still deep in junk-bond territory.

More downgrades are in New Jersey’s future as its liabilities continue to mount, according to Municipal Market Analytics.

New Jersey Gov. Chris Christie’s new proposal to dedicate lottery revenues to bolster the state’s struggling pension system has been met with skepticism by some lawmakers.

The Port Authority of New York and New Jersey needs to speed up the slow-moving process to replace its Manhattan bus terminal, transportation experts said after the authority allocated only $3.5 billion toward the $10 billion project.