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Business & Economy

Christie Holds Forum on Proposed ‘Fairness Formula’

Gov. Christie held a forum in Wall Township to tell residents the benefits of his proposal for school aid, which he is calling the Fairness Formula.

AC Prepares for Possible Casino Worker Strike

If the casino workers' union can't reach an agreement with five Atlantic City casinos by July 1, there will be a strike.

Lawmakers Debate Gas Tax Hike to Save Transportation Trust Fund

Because Democrats anticipate Gov. Christie will veto a bill that raises the gas tax, they don't want to pass that measure without enough Republican support for an override.

Education Professor Calls Governor’s Fairness Formula ‘Misleading’

Dan Katz, an education professor at Seton Hall University, says Gov. Christie's plan to change the school funding formula doesn't provide equity across the state.

TTF Plan Clears Committees but Faces Uncertainty in Full Legislature

The Assembly and Senate Budget Committees approved the Transportation Trust Fund plan, which includes a gas tax increase, but Gov. Christie will likely veto the measure and it's unclear if there are enough votes to override that decision.

Lawmakers Debate Raising Gas Tax to Support Transportation Trust Fund

A proposed bill to save the Transportation Trust Fund would raise the gas tax 23 cents per gallon. Although the bill has sponsors from both parties, not all lawmakers are on board.

Concerns Over Proposed Jet Fuel Tax Hike

Airline industry representatives say raising the jet fuel tax will increase prices for consumers, but some lawmakers say the industry needs to pay its fair share.

Christie Discusses School Funding Plan with South Plainfield Democrats

Gov. Christie visited the home of Paul and Flor Carlisle, who are Democrats, to explain what he believes are the benefits to his proposed school funding formula.

Former NJ Transit Exec. Director on Future of TTF Funding

Martin Robins, founding director of the Alan Voorhees Transportation Center at Rutgers, is hopeful that the Legislature will take action to replenish the Transportation Trust Fund.

Report: Black Women More Likely to Get Unfavorable Loans

New Jersey Communities United issued a report that says African-American women are 256 percent more likely to get subprime loans than their white male counterparts. And 60 percent of payday loans are made to women with average interest rates of 400 percent.