New Jersey

New Jersey called Tuesday for the dismissal of public worker unions' legal case that argues that Gov. Chris Christie is underfunding the pension plans.

Atlantic City, N.J., may turn to Standard & Poor's exclusively to rate an anticipated $140 million tax appeal bond after Moody's Investors Service dropped the city to Ba1, four notches below the S&P rating.

Though New Jersey and California are on starkly different credit paths, municipal analysts said their recent trading patterns suggest equally-strong demand.

Moody's Investors Service upgraded Cooper Health System, N.J., bonds, issued through the Camden County Improvement Authority, to Baa2 from Baa3.

New Jersey Gov. Chris Christie ordered the creation of a New Jersey Pension and Health Benefit Study Commission today.

Moody's Investors Service has downgraded $1.2 billion in New Jersey Housing & Mortgage Finance Agency bonds.

The pension lawsuit against New Jersey Gov. Chris Christie over lack of payments to the state's pension system has been rebooted.

The Port Authority of New York and New Jersey board of commissioners has elected John Degnan as its new chairman.

Atlantic City, N.J.'s mayor responded to the junk rating placed on its debt by Moody's Investors Service, saying the city is already shifting away from a casino-centered economy.

Plans to close or sell four of Atlantic City's twelve casinos this year will pressure the city government's already tenuous finances, analysts say.

Many observers doubt whether New Jersey will have a financially sustainable solution to its pension funding problem any time soon.

New Jersey Gov. Chris Christie's reauthorization of a 2% cap on police and firefighter salaries is positive for the state's local governments, Moody's said.

The New Jersey Education Association will sue New Jersey Gov. Chris Christie on his underfunding of the pension system in the fiscal year 2015 budget, a NJEA spokesman said Tuesday.

New Jersey Gov. Chris Christie may have won a battle and lost the war this week, when his plan to withhold $884 million in pension payments in order to balance the budget survived a court challenge by the state's unions.

New Jersey's government appears to be near approving an annual debt analysis.

The board of New Jersey's biggest pension fund voted Wednesday to sue New Jersey Gov. Chris Christie over reduced contributions to the state's pensions.

The Securities and Exchange Commission's investigation of the Port Authority of New York and New Jersey must determine if investors needed to know about $1.8 billion of controversial spending, securities law experts said. Others said any SEC enforcement action would not be a fix for the authority's problems.

As state and local governments make efforts to prepare for climate change, credit analysts are watching closely to see how impacts from weather-related events might affect credit quality.

New Jersey state government's growing fiscal problems may hit the state's localities, public school districts, public universities, and nonprofit hospitals.

New Jersey police unions have sued state government to force it to make planned payments to the pension systems.