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The Atlantic City rescue package New Jersey Gov. Chris Christie signed before the Memorial Day weekend is a credit positive for the cash-strapped gambling hub, according to Moodys Investors Service.
May 31 - New Jersey
New Jersey would generate millions in annual new sales tax revenue if the state legalized marijuana, according to a report by New Jersey Policy Perspective and New Jersey United for Marijuana Reform.
May 26 -
The New Jersey Senate and Assembly passed a compromise rescue package that allows Atlantic City to avoid an immediate default by providing a bridge loan.
May 26 -
Atlantic City would avoid an immediate default and get more time to avert a state takeover under compromise legislation moving forward in the New Jersey legislature.
May 24 -
It's time to cut the paperwork and expedite the planned Gateway Tunnel between New Jersey and Manhattan, argues a critic of the permitting process.
May 20 - New Jersey
New Jersey is facing a possible $1.1 billion revenue shortfall for the current and next fiscal year following weaker than expected income tax collections in April, according to the state Legislatures nonpartisan budget office.
May 18 -
New Jersey Gov. Chris Christie said he would rather Atlantic City file for bankruptcy than send more money to the gambling hub, and will let the city file if lawmakers dont approve the rescue bill he supports.
May 6 -
New Jersey Senate President Steve Sweeney, D-Gloucester, said Wednesday state intervention is the only solution to solve Atlantic Citys fiscal crisis as a result of the citys failure to confront its financial mismanagement.
May 4 -
Atlantic City, N.J., averted default Monday by making a $1.8 million debt service payment, but its far from certain the struggling city can make other such payments this year.
May 2 - New Jersey
The developer of New Jerseys long-stalled American Dream project in the Meadowlands may turn to tax-exempt bonds from an out-of-state conduit issuer for the shopping and entertainment complex.
April 29 - New Jersey
Glenn Straub, owner of Atlantic Citys shuttered Revel Casino Hotel, is planning a new ropes course in the 47-story resort.
April 28 -
A new bill proposed in the New Jersey State Senate would allow financially distressed Atlantic City and other coastal municipalities to end costly lifeguard pensions.
April 26 -
New Jersey Transit is back to the drawing board looking for someone to lead the nation's third-busiest public transportation system after former Amtrak chief operating officer William Crosbie opted not to take the executive director post just days before his scheduled start date.
April 25 -
Political jockeying over funding for the New Jersey Transportation Trust Fund is putting capital projects throughout the Garden State in danger.
April 22 -
A judge ruled Tuesday that Atlantic City is in compliance with payments owed to its school district and now the gambling hub is fighting back against New Jersey in a counter lawsuit.
April 20 -
Atlantic City averted a shutdown of its schools with a $4.25 million payment made Thursday.
April 15 -
New Jersey Senate President Steve Sweeney, D-Gloucester, floated an alternative proposal aimed at saving Atlantic City from insolvency that sets additional benchmarks for the distressed gambling hub before his previously-proposed state intervention would take effect.
April 14 -
With New Jersey Gov. Chris Christie pushing for a state takeover of Atlantic City, members of the Republican governors administration were grilled by lawmakers Monday for allowing the gambling resort to plunge into distress.
April 12 - New Jersey
New Jersey voters will decide the fate of a plan to expand New Jersey casino gambling beyond Atlantic City on Nov. 8.
April 8 -
New Jersey Transit has named former Amtrak chief operating officer William Crosbie as the agencys new executive director.
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