Business news

At the beginning of this month, New Jersey raised the minimum wage to $8.25 an hour, and a report by the Economic Policy Institute estimates millions of higher-earning workers in New Jersey and other states will see their salaries raised in order for companies to preserve the wage structure.

Wages for the working women of New Jersey are gaining on those of their male counterparts, but the numbers are still not equal.

A majority of Americans used cash, gift cards or credit cards on holiday gifts this year, but many paid off their debt in an effort to enter 2014 without a holiday hangover, according to a new survey by RetailMeNot.com.

If it feels like you have to be a millionaire to live in New Jersey, you're not too far off. The state has the second highest rate of millionaire households in the country, according to a study from Phoenix Marketing International, a wealth research firm.

The Dow Jones industrial average is closing above 16,000 for the first time as encouraging news on the job market pushes stocks higher.

A bankruptcy judge on Tuesday approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back on shelves by summer.