New Jersey

A new bill introduced in the New Jersey State Senate is aimed at advancing key roadway and clean energy projects in the Garden State through two infrastructure banks.

The Port Authority of New York and New Jersey announced Monday that it established a new cargo volume record in 2015.

A judge granted Atlantic City a 45-day reprieve from the Borgata casino seizing city assets to collect $170 million in tax appeals it owes in hopes the two sides can come to a debt payment agreement.

Moody’s Investors Service has placed Atlantic City’s junk-level Caa1 credit rating under review for a possible downgrade citing the chance at “bondholder impairment” from looming New Jersey legislation.

Kevin Lavin, whose one year stint as Atlantic City emergency manager wrapped up on Jan. 21, has been hired for a new management role at a business advisory and expert services firm.

New Jersey’s top elected officials Tuesday announced a deal with Atlantic City Mayor Donald Guardian to allow increased state intervention to keep the struggling city out of bankruptcy.

New Jersey State Sen. Jeff Van Drew is urging Gov. Chris Christie to seek federal government assistance for two South Jersey counties hit with extreme flooding from a weekend blizzard.

Atlantic City, N.J. is moving closer to default and a possible bankruptcy after New Jersey Gov. Chris Christie’s veto of a financial rescue package, according to Moody’s Investors Service.

Atlantic City’s already junk-level general obligation debt rating was slashed four notches to CCC-minus from B by Standard & Poor’s, citing a “near-term liquidity crisis.”

The New Jersey Turnpike Authority is in the home stretch of a $7 billion, 10-year capital improvement program.

Atlantic City officials will discuss the possibility of filing for bankruptcy protection at an emergency city council meeting.

Pending pension litigation will play a key role in determining whether New Jersey’s low credit rating improves or worsens in 2016, according Moody’s Investors Service.

Atlantic City Mayor Donald Guardian is eyeing bankruptcy after Gov. Chris Christie rejected a financial rescue package.

New Jersey Gov. Chris Christie allowed legislation to create an Atlantic City financial rescue package to lapse, leaving the struggling gambling hub at risk of running out of cash by April.

Atlantic City Emergency Manager Kevin Lavin stopped short of recommending bankruptcy in his second report on the financially strapped Jersey Shore gambling hub.

New Jersey tax collections are up 3.9% at the halfway point of the 2016 fiscal year, according to the State Department of Treasury.

Atlantic City’s casino operators lost 6.5% in revenue last year compared to 2014, according to figures New Jersey’s Division of Gaming Enforcement released on Jan. 13.

New Jersey’s proposed casino expansion into the northern part of the state is a potential credit negative for Atlantic City, according to Moody’s Investors Service.

Three New Jersey Senators announced plans Tuesday to introduce legislation that would have the state assume management of Atlantic City’s troubled finances.

New Jersey Gov. Chris Christie lashed out during his annual State of the State address at an amendment approved by Democratic lawmakers to require quarterly pension payments.