At one point Thursday, the Dow Jones Industrial Average had fallen 780 points. Drops of hundreds of points, partial rebounds and more drops have characterized the stock market this fall.Time to worry? Not much, and even a normal cyclical recession…

New Jersey’s finances are a mess. Despite years of massive taxation, officials can barely pay the interest on its $48 billion in debt. And the state faces a $152 billion shortfall in funding government worker pension and retiree health benefits,…

In August,  the Economic Policy Workgroup, established by state Senate President Steve Sweeney, D-Gloucester, with extensive participation from Republican and Democratic leadership and a volunteer group of 35 policy and fiscal experts, released the report entitled "Path to Progress." The intent of…

For state Senate President Steve Sweeney (D-3rd District), New Jersey needs to change its ways before it's too late."We're in a fiscal crisis," Sweeney told the Somerset County Employer Legislative Committee at a luncheon meeting Friday at Verve Bistro. "We're…

Although it hasn’t been officially announced, it appears that Amazon has chosen to split its East Coast headquarters between New York’s Long Island City and Northern Virginia — leaving Newark as an also-ran in the closely watched competition.Nevertheless, Gov. Phil…

New Jersey still has one of the nation’s worst-funded public-employee pension plans despite recent efforts to improve conditions using larger state contributions and other policy changes.A new report from S&P Global, one of the top Wall Street credit-rating firms, tracks…

The state of Connecticut forfeited $2.6 billion in government revenue in 2016 as residents, particularly high-earners, fled the state for a lower cost of living, according to a recent study by the Cato Institute.The study, released ahead of a tight gubernatorial election…