Business & Economy


NJ Residents Finding Rent Rates Too High

With the current economic environment, many New Jerseyans can't afford to pay their rent.

KPMG paying $8.2M to settle SEC charges

WASHINGTON (AP) — The big accounting firm KPMG has agreed to pay $8.2 million to settle federal regulators' charges of compromising its independence by providing non-audit services to companies whose books it audited. The Securities and Exchange ...

PSE&G gives natural gas customers credit

NEWARK, N.J. (AP) — New Jersey's largest utility is giving residential natural gas customers a one-month credit in February. Public Service Electric and Gas says the average customer will save about $40 next month. The savings come after credits ...

Lawsuit focuses on tab for Super Bowl venue’s turf

ST. LOUIS (AP) — As the Denver Broncos and Seattle Seahawks prep for their showdown in the Super Bowl, a legal fight is playing out over the turf installed last summer at the NFL title game's venue. Missouri-based Taylor Turf Installation Inc. is ...

Labor Commissioner Doesn’t Believe 36,000 Job Loss in NJ

New Jersey Department of Labor and Workforce Development Commissioner Harold Wirths says the preliminary numbers showing 36,000 jobs lost will likely be revised.

Lawmakers Disappointed NJ Not Getting Featured in Super Bowl Promotions

Sens. Robert Menendez and Cory Booker met to get the message out that the Super Bowl is happening in New Jersey, not New York as most have been saying.

AC pumps up the volume of nightlife marketing

ATLANTIC CITY, N.J. (AP) — New Jersey's seaside gambling resort is taking its show on the road, targeting partiers in Philadelphia with a mobile nightclub that will bring 300 of them back to Atlantic City to experience the resort's night spots. ...

NJ eyes Internet bets from other states, nations

ATLANTIC CITY, N.J. (AP) — Two New Jersey lawmakers have introduced a bill that would drastically expand Internet gambling in the state, allowing it to take bets from other states and countries. The bill introduced last week by Sens. Ray Lesniak ...

NJ unemployment rate drops as labor force shrinks

TRENTON, N.J. (AP) — New Jersey's unemployment rate has dropped significantly for the second month in a row, but it's not because more jobs have been created. December's rate was 7.3 percent, down a half-point from November and the lowest ...

Airports prep for arrival of Super Bowl visitors

NEWARK, N.J. (AP) — The New York area's airports are rolling out the welcome mat for visitors coming for the Super Bowl. Newark, Teterboro, LaGuardia and JFK airports will have customer service representatives and volunteers on hand to point ...