New Jersey

Rutgers University in New Jersey announced on Aug, 5 that it raised a record $187.9 million during the 2014-15 academic year fueled by a surge in donations at the end of a lengthy fundraising campaign.

Standard & Poor's slashed Atlantic City's general obligation credit rating three notches further into junk territory on Aug. 3 citing uncertainty over whether the financially-challenged city can meet its fiscal obligations this year.

Port Authority of New York and New Jersey Chairman John Degnan says federal backing is needed in order to advance a stalled Hudson River tunnel project from Amtrak that is being pushed by U.S. Transportation Secretary Anthony Foxx.

New Jersey Senate President Michael Sweeney called on the federal government to provide $1 trillion of low-interest loans for states with large unfunded pension liabilities.

U.S. Transportation Secretary Anthony Foxx wants the governors of New Jersey and New York to meet with him in two weeks to advance a stalled Hudson River tunnel project.

Three public pension funds have sued New Jersey in the parties’ latest legal joust, accusing the state of violating a contract by underfunding their plans.

Atlantic City, N.J. has enough cash to meet its August general obligation debt service payments and expects to have sufficient liquidity through October, according to city officials.

The New Jersey Transit Board of Directors has approved a 9% fare hike as part of its fiscal 2016 operating budget adopted on July 15.

The Delaware River Port Authority's board approved an $18 monthly credit for E-ZPass monthly account users on four bridges connecting Greater Philadelphia and New Jersey.

A New Jersey tax court ruling stating that one of its nonprofit hospitals is not exempt from property tax payments from 2006 to 2008 is unlikely to have implications in other states, according to Fitch Ratings.

Atlantic City's non-casino business is increasing, according to a new report from Tourism Economics that was commissioned by the Atlantic City Alliance.

The College of New Jersey (TCNJ) has broken ground on a science, technology, engineering and math building, financed in part by the Garden State's $750 million Building Our Future Bond Act.

The Miss America Pageant will return to Atlantic City, N.J. in September and the holder of the crown is doing her part to promote the seaside city as it struggles to gain financial traction.

A recent New Jersey Tax Court ruling that most of the Morristown Medical Center campus did not qualify for a local property tax exemption from 2006 to 2008 is a credit negative for the state's non-profit hospitals, according to Moody's Investors Service.

The new spokesman for Atlantic City's emergency manager says all options remain on the table for the troubled city, including bankruptcy.

New Jersey Gov. Chris Christie has joined a crowded 2016 presidential race as the 14th Republican candidate and in his official announcement Tuesday morning highlighted financial leadership delivered in Trenton that he would bring to Washington, D.C.

The New Jersey State Legislature has approved a package of bills aimed at stabilizing Atlantic City's finances.

The fiscal woes in Atlantic City, N.J. are creating a "ripple impact" for Atlantic County, according to Janney Capital Markets.

As Atlantic City's once thriving gambling industry deteriorates in the face of increased regional competition, some New Jersey lawmakers say the way to keep betting revenue in the Garden State is to authorize casinos near New York.

New Jersey's tax revenue is down 10% since receipts began to plummet from the 2008 recession, according to new report from Pew Charitable Trusts.