New Jersey

New Jersey's credit rating was cut one notch with a negative outlook by Moody's Investors Service, which cited the state's budget and pension funding struggles.

A Florida developer and a Southern New Jersey university are looking to spearhead a renaissance in Atlantic City.

New Jersey Gov. Chris Christie has announced a $202 million resiliency project aimed at bolstering storm protection for Union Beach, N.J.

Recent news signals continued trouble for Atlantic City, N.J., according to Moody's Investors Service.

The New Jersey Supreme Court agreed on April 6 to hear the state's appeal of a Superior Court ruling that sided with unions who sued Gov. Chris Christie after he stripped $1.6 billion of pension contributions from the budget.

Atlantic City, N.J. has received a 60-day extension on a $40 million state loan due on March 31 on the heels of an emergency manager report that suggested bond restructuring as a possible solution to boost the struggling city's finances.

The Atlantic City, N.J. emergency manager’s suggestions for tackling the city's fiscal crisis are a credit negative as they open the door to default, according to Moody's Investors Service.

Standard & Poor's is reviewing its Atlantic City, N.J. BB bond rating in response to a new emergency manager report indicating possible debt payment delays this year.

Atlantic City Emergency Manager Kevin Lavin released a 60-day interim report Tuesday that does not mention bankruptcy but suggested a bond restructuring as one way to help the city's finances.

Municipalities in fiscal crisis faced diminished abilities to manage federal grants because of workforce reductions, decreased financial capacities and outdated information technologies, the U.S. Government Accountability Office concluded in a report.

Newark, N.J. Mayor Ras Baraka is calling for the power to establish new taxes for users of the city's airport and seaport as way to raise additional revenue.

Seven financially-strapped New Jersey municipalities were placed on review for a possible downgrade on March 13 by Moody's Investors Service citing a heightened risk of state aid cuts.

New Jersey and Pennsylvania’s public pension systems were the nation’s most underfunded from 2001 to 2013, according to the National Association of State Retirement Administrators.

A New Jersey solar energy project that was envisioned as a national model for public-private partnerships has been clouded with legal woes, but recent settlements could bring it back into the sunlight.

A Feb. 24 proposal from New Jersey Pension and Health Benefit Study Commission provides a "roadmap" to address high costs associated with the state's retiree benefit programs, according to Build America Mutual.

A Feb. 23 New Jersey State Superior Court ruling saying pension contributions are contractually protected is a credit negative for the Garden State since it adds a further obstacle to cutting future employee benefits that will further pressure budgets, according to Moody's Investors Service.

New Jersey Gov. Chris Christie and the state's teacher's union have agreed to a "roadmap to reform" to begin solving the state’s pension challenges, the governor announced

A New Jersey state judge ruled against Gov. Chris Christie's efforts to curb pension payments just a day before he is scheduled to release his new budget proposal.

Newark, N.J. is selling 100 municipally-owned vacant lots to couples for $1,000 apiece on Valentine's Day in an effort to fuel development in some of the city's blighted neighborhoods.

Atlantic City, N.J.'s ability to refinance its maturing $12.8 million bond anticipation notes through an expensive short-term loan demonstrates "limited market access", according to Moody's Investors Service.