Money

April was the cruelest month ever in Atlantic City as casinos saw their revenue fall by nearly 69% during a coronavirus-mandated shutdown.

Roughly 36 million people have now filed for jobless aid in the two months since the coronavirus first forced millions of businesses to close their doors.

The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop.

Small business owners hoped federal stimulus loans would provide a critical lifeline. But many say the funds won’t cover their most urgent costs.

If most layoffs become permanent, the severe recession the economy has slid into would likely last longer and the recovery would be slower.

A trio of Democrats wants to give $2,000 per month to individuals through the end of the health emergency. One Republican proposes covering payroll for companies who rehire.

Officials announced Friday that a child had died of COVID-19, the first New Jersey resident younger than 18 to succumb to the virus.

Nearly all the job growth achieved during the 11-year recovery from the Great Recession has now been lost in one month.

Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors.

Airbnb CEO Brian Chesky described the global pandemic as the "most harrowing crisis of our lifetime" and said the coronavirus has cut the company's anticipated revenue.

A settlement resolved the plant developer’s objection to Hilco Redevelopment Partners’ purchase of the property. Two sides will negotiate further, he says.

The assistance didn’t prioritize businesses in the hardest hit parts of the state and relied on a patchwork of local economic development organizations.

As the coronavirus pandemic continues to disrupt the economy, government officials and business leaders consider how to reopen economic activity while keeping citizens safe.

Up to 120,000 U.S. jobs in solar and 35,000 in wind could be lost, trade groups say.

Lindsey Scannapieco, “landlady” to 175 creative tenants at the Bok Building, argues that some real estate owners, like their tenants, need government aid.