State of New Jersey

The first phase of the long-delayed Gateway project under the Hudson River is "shovel ready" and ready to take flight once the Trump administration provides the green light, according to New Jersey Gov. Phil Murphy.

The state gas tax will rise by 4.3 cents per gallon on Oct. 1 to support the state's Transportation Trust Fund.

New Jersey Gov. Phil Murphy cut an education bond measure to $500 million from $1 billion.

The state is still measuring tax revenue from sports betting in the thousands of dollars.

Two new Atlantic City casinos and the debut of legalized sports betting boosted the gambling take.

For the first time this year, the municipal bond market generated more volume than it did in the same month of 2017, as July issuance edged 1.3% higher.

New Jersey's legal sports books reported $3.5 million in June revenue from $16 million in bets, according to a state report.

New Jersey Gov. Phil Murphy’s administration is targeting a plan that would save more than $100 million in annual public-worker benefits as the next focus of trying to steer state finances toward better health.

New Jersey’s police officers and firefighters received control over their pension management decisions.

Legislation to restructure New Jersey Transit’s board of directors may carve out a fresh path for the beleaguered system.

Gov. Phil Murphy and state lawmakers enter the home stretch of a July 1 budget deadline far apart on a spending plan and tax increased needed to combat a steep deficit.

Less than two weeks remain before the new fiscal year, and Gov. Phil Murphy and state lawmakers remain far apart.

A political dispute among Democrats threatens the state's ability to enact an on-time budget.

The New Jersey Transportation Infrastructure Bank was approved by state lawmakers in April.

The looming legalization of sports betting in New Jersey will provide only slight winnings to the Garden State and Atlantic City, according to analysts.

New money deals helped issuance rise for the third straight month in May.

Tax collections that came in below forecast reinforce the need for new tax revenues, said Elizabeth Muoio.

New Jersey lawmakers want to complete sports gambling legalization to get new revenue for the state government and debt-ridden Atlantic City.

Citing risks to all of the state's pension funds, Gov. Phil Murphy conditionally vetoed legislation to enable a spinoff of the state’s Police and Firemen's Retirement System.

The Garden State's pension burden will remain a heavy credit weakness for the foreseeable future, according to S&P Global Ratings.