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Business & Economy

Report: About 100,000 NJ Parents Without Full-Time Jobs

The latest Annie E. Casey Foundation Kids Count Policy Report indicates around 100,000 families in New Jersey have a parent with no full-time, year round employment.

Retailers Announces Thanksgiving Plans, While Receiving Mixed Reaction

Retailers announce their holiday plans for Thanksgiving and Black Friday, while many have mixed reactions.

Mortage Rates Dropping, Reaching Historic Lows

Mortgage rates have been dropping and are reaching historic lows but analysts say that rates could begin to increase within the next year.

Industry Leaders Predict Construction Increase

Business and industry leaders predict that $39 billion will be spent in construction costs statewide.

Port Authority halts police training after firings

JERSEY CITY, N.J. (AP) — The Port Authority of New York and New Jersey is suspending some police training in the wake of firings over an out-of-control graduation party. The agency announced Thursday that it was halting all non-mandatory training ...

Atlantic City casino revenue down 4.4 pct in Oct.

ATLANTIC CITY, N.J. (AP) — Atlantic City's casino revenue fell by 4.4 percent in October compared with a year ago. The casinos took in $207 million, compared to $216 million in October 2013. But when casinos that have recently shut down are ...

Taxes, schools, casinos key to Christie AC plan

ATLANTIC CITY, N.J. (AP) — New Jersey Gov. Chris Christie's plan to help Atlantic City involves giving casinos predictable taxes, freezing taxes on non-gambling property, giving schools more aid if they reduce costs, and temporarily halting ...

Bill would add Atlantic City to UEZ program

ATLANTIC CITY, N.J. (AP) — A southern New Jersey lawmaker is proposing legislation to add Atlantic City to the state's Urban Enterprise Zone project, enabling it to charge half the state sales tax and qualify for other economic incentives. ...

AP: Taj Mahal closes Dec. 12 if union keeps appeal

ATLANTIC CITY, N.J. (AP) — Trump Entertainment Resorts has notified New Jersey casino regulators it will close the Taj Mahal on Dec. 12 if its main union doesn't drop its appeal of a court-ordered savings package. CEO Robert Griffin tells the ...

Jersey City fire inspector admits taking bribes

NEWARK, N.J. (AP) — A Jersey City fire inspector was on the take. Phillip Procaccino has admitted accepting bribes to help houses of prostitution stay in business. The 56-year-old Belleville resident admitted accepting $2,500 to help a massage ...