New Jersey

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.