New Jersey

California has improved its budget practices and Virginia has enacted pension reforms, but New Jersey has been unable to get past chronic pension and budget problems, a nonprofit group found in a report released Monday.

Municipal bond investors may soon give a jolt to the long-stalled American Dream retail and entertainment complex in New Jersey's Meadowlands; the former Xanadu project would feature the nation's first indoor ski slope.

On the heels of a proposal to expand casino gambling in New Jersey outside of Atlantic City, Hard Rock International is pitching a new gambling facility at the Meadowlands Racetrack.

The Port Authority of New York and New Jersey has launched a dashboard on its website providing quarterly updates on all active capital projects.

Three New Jersey lawmakers are proposing a constitutional amendment that would allow casino gambling outside of Atlantic City.

Paterson, N.J., Mayor Joey Torres and state Sen. Nellie Pou are proposing a municipal "land bank" program that would allow financially challenged cities to seize control of abandoned and foreclosed properties.

New Jersey lawmakers will be voting in June on a five-bill package aimed at assisting financially struggling Atlantic City, according to Assemblyman Vince Mazzeo.

New Jersey State Senate president Stephen Sweeney used the opening of Memorial Day weekend to call for more transportation investments.

This week’s Atlantic City, N.J. bond sale will remove a "major short-term obstacle,” but the city still faces long-term risks according to Moody's Investors Service.

Moody’s Investors Service sent Newark, N.J.'s general obligation unlimited bond rating to Baa3 in a two-notch downgrade that also moved the city’s limited-tax GO bonds to speculative grade.

New Jersey's Municipal Qualified Bond Act is helping distressed Atlantic City, N.J. access the bond markets this month with deals that highlight the role state credit enhancement programs can play.

The Internal Revenue Service has closed audits with no changes to $1.38 billion of Build America Bonds issued by the New Jersey Turnpike Authority in 2009 and bonds from a $26.56 million mortgage revenue and refunding issue sold by Lakeland, Fla. in 2008.

The New Jersey Supreme Court heard testimony in a case challenging Gov. Chris Christie's decision to reduce scheduled contributions toward state employees' pensions.

The Port Authority of New York and New Jersey is moving ahead with plans to replace Newark Liberty International Airport's aging monorail service.

Planned general obligation taxable refunding bonds slated to be issued by Atlantic City under New Jersey's Municipal Qualified Bond Act have been assigned an A-minus rating and stable outlook by Standard & Poor's.

Standard & Poor's kept Atlantic City on credit watch negative in a new report released April 30 as the struggling gambling hub seeks short-term options to avoid a long-term bankruptcy.

Increasing foreclosure levels in Atlantic County, N.J., are a credit negative for the government, hit hard by Atlantic City's recent casino struggles, according to Moody's Investors Service.

Atlantic City's Casino Reinvestment Development Authority will soon have a new leader after the New Jersey agency's longtime chairman James Kehoe announced on April 21 he is stepping down from the post.

Major revenue collections in New Jersey are up so far in 2015 compared to the previous year, according to State Treasurer Andrew Sidamon-Eristoff

New Jersey's Atlantic County led U.S. metropolitan areas in foreclosures during the first quarter of 2015, according to new data.