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Business & Economy

Lawmakers Outline Plans for Transportation Funds

Of the $400 million allocated to the Transportation Trust Fund, $140 million will go to NJ Transit for tech and safety improvements. The remaining $260 million is earmarked for road and bridge work throughout the state.

Investment Advisers Could Put Personal Interests Above Clients

President Trump has delayed the fiduciary rule, which would prevent retirement investment advisers from putting their own interests to collect commissions over the best way to help clients save for the future.

Helmets to Hardhats Helps Veterans Get Work

The nonprofit Helmets to Hardhats, or H2H, helps men and women from the Armed Forces get jobs in building and construction.

AC Mayor: Budget Cuts Property Taxes By 5 Percent

Atlantic City Mayor Don Guardian says his proposed budget marks the first time in decades that property taxes will decrease.

Menendez Worries Russia Could Take Over Citgo

Sen. Bob Menendez believes Russia is waging geopolitical war, using corporations like Citgo as weapons. Russia’s state-owned oil company Rosneft loaned $1.5 billion to Venezuela’s state-owned oil company. Venezuela owns Citgo.

New Jersey Business Leaders Inducted into Hall of Fame

Leaders in the state were inducted into the New Jersey Business Hall of Fame during a ceremony held by and for Junior Achievement of New Jersey.

Christie Calls for NJ Transit to Withhold Amtrak Rental Fee

After two derailments in two weeks, Gov. Christie fired off an angry letter telling Amtrak NJ Transit would withhold its monthly $2.5 million rental fee for using New York’s Penn Station.

Walkable Towns Appealing, Good for Economy

A new study has found walkable towns improve the economy, create jobs, additional tax revenue and boost overall economic output. They're also more attractive to millennials.

Independent Review: NJ Revenues Trail Expectations

The Office of Legislative Services provided an independent revenue forecast for the Assembly Budget Committee that found revenues are trailing expectations.

Maplewood Bans Commercial Use of Gas-Powered Leaf Blowers

Members of the Maplewood Township Committee voted unanimously to ban the commercial use of gas-powered leaf blowers from May 15 to Sept. 30.