New Jersey

The $73 million bridge loan agreement between Atlantic City and New Jersey is a credit positive for the financially strapped gambling hub since it likely ensures full bondholder payments for the remainder of 2016, according to Moody's Investors Service.

New Jersey’s Local Finance Board has green lighted an $800 million bond sale from a Wisconsin conduit issuer to finance the completion of a long-stalled mega mall.

A proposal to mandate higher payments for New Jersey's underfunded pension system is dead for 2016.

A political brawl involving a bone-dry transportation trust fund and a pension-funding referendum continues as New Jersey lawmakers reconvene.

Atlantic City has tapped financial advisors PFM Group and NW Financial to assist with its recovery plan needed to avoid state intervention.

Atlantic City is slated to receive a $74 million bridge loan from New Jersey to avoid an August 1 default after the City Council voted to accept the state's repayment terms.

Atlantic City will default unless reaches agreement with the New Jersey state government on a bridge loan, according to Moody's Investors Service.

The New Jersey State Senate is pressing ahead with a new gas tax bill to replenish the state's Transportation Trust Fund despite opposition from Gov. Chris Christie.

New Jersey legislative leaders are pitching a new proposal to revive the expired Transportation Trust Fund for statewide road and rail projects.

Jersey City, N.J., has granted a 30-year tax break to jump-start part of an expansion to New Jersey City University.