Money
N.J. tax-break programs poorly monitored, audit finds
As of February 2018, the EDA had approved nearly $11 billion in tax breaks across five different programs statewide.
7 years ago
SEPTA facing $63M capital budget shortfall over motorists' lawsuit
SEPTA is bracing for a possible $63 million shortfall in 2019, pending the outcome of a contentious lawsuit filed in federal court by two motorists’ groups.
7 years ago
Minimum wages rising in 20 states and several cities
The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established higher minimum wages.
7 years ago
Those end-of-the-year charitable donations may not help your tax bill
New changes to tax law will make deducting charitable giving from next year's taxes more difficult for taxpayers.
7 years ago
State mental health funding hasn’t increased in years. Pa. counties say it’s affecting care.
Most of the mental health care for Pennsylvanians not covered by Medicaid, or insurance is provided through counties and bankrolled by the state. But funding hasn’t increased.
7 years ago
For Madoff victims, scars remain 10 years later
Instead of trading stocks with his clients' money, Bernie Madoff had been operating an enormous Ponzi scheme, paying off old investors with money he got from new ones.
7 years ago
Partial government shutdown compounds risks for U.S. economy
Now in its 10th year, America's economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat.
7 years ago
Pa. officials urge indebted public pension funds to consolidate, change investment strategy
Pennsylvania's treasurer, governor, and a group of lawmakers unveiled a new report Thursday that recommend a slew of changes for the state's two largest public pension funds.
7 years ago
Pa. income growth lagging, data show
Pennsylvanians are lagging behind the rest of the country when it comes to income growth, according to one metric from the U.S. Census Bureau.
7 years ago
Campbell Soup Co. names Mark Clouse as its new CEO
This closes out a year filled with a contentious proxy contest, portfolio restructuring and major acquisitions, a new board, and a new strategic plan to right the ship.
7 years ago
Fed raises rates despite Trump attacks, stocks tank
The Fed said in a statement it is raising the key borrowing rate to a range of 2.25 percent to 2.50 percent — the highest level in a decade.
7 years ago
N.J. comptroller: $250 million fund for firefighters sits unused
Tax money paid by New Jersey fire insurance policyholders into a fund meant to help the state’s firefighters largely goes unused.
7 years ago
Pa. auditor says DCED got better at recouping cash from bad investments
A new audit shows Pennsylvania's economic development program has improved its return on investment.
7 years ago
N.J. rejects Atlantic City offshore-wind project for third time … too pricey
Nautilus official says ‘state is missing out’ as Board of Public Utilities gives thumbs-down to 25-megawatt wind farm.
7 years ago
N.J. ponders ban on ‘cashless stores’, Amazon objects
Lawmakers concerned that if stores only accept credit and debit cards they would discriminate against poor and elderly customers.
7 years ago









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