NJ pension funds have lost $10 billion in value in nine months
The pension funds ended May with a value of $91.5 billion, down by $10 billion since last August.
Money & Business
Shut up if you win $1.1B Mega Millions jackpot, advisor says
Here's what financial advisor Lou Scatigna says to do if you win the lottery.
Second iconic NJ banquet hall closes within a month
Iconic New Jersey wedding venue, Sterling Gardens in Matawan, has announced it's closing down for good, putting the blame on the pandemic.
NJ housing market cooling down — good news for buyers
"We're now not seeing 20 to 25 offers on any given property, and we're now not seeing offer prices going $40,000 to $100,000 over the suggested list price in certain markets," said Robert White, president of New Jersey Realtors.
Big sick leave payouts continue in NJ towns, violating state law
Nearly every town surveyed by the state comptroller’s office is making excessive payments for unused sick leave, despite state laws to the contrary.
A nearly 50-year staple at Monmouth Mall will soon close, report says
JCPenney is reportedly set to close in October.
Spirit Airlines brings discount fares to Newark, NJ
Federal regulators say Spirit is most likely to provide the lowest fares to the most consumers using Newark Airport.
Teen worker hours expanded in NJ, for this and every summer
Teenagers can now work longer hours each summer in New Jersey, under a new law. The process for obtaining working papers will change next year.
Strike averted at 4 Atlantic City, NJ, casinos
A deal was reached to avoid a strike at four Atlantic City casinos just before the midnight deadline.
Proposed change to NJ professional licensing fees has business industry worried
The state of New Jersey wants to move licensing fee funds from the state Division of Consumer Affairs, causing headaches for thousands of professionals.