New Jersey finally has some true equity and and equality. A massive energy rate hike is affecting all residents the same, no matter what their religion, race, gender, sexual preference …
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New Jersey lawmakers say state push to delay energy hikes an election season gimmick
by Phil Stiltonby Phil StiltonTRENTON, N.J. — Republican Senators Anthony Bucco and Michael Testa slammed the New Jersey Board of Public Utilities (BPU) on Wednesday over its latest move allowing utility companies to propose …
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Breaking NewsBusiness NewsFood & DiningNew York City News
Big Apple boost: NYC hikes minimum pay for app delivery workers to $21.44 per hour
by Phil Stiltonby Phil StiltonNEW YORK — App-based restaurant delivery workers in New York City are now guaranteed a minimum pay rate of $21.44 per hour before tips, marking the final phase of a …
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State lawmakers blast Dem utility hikes, call for nuclear energy alternative
by Phil Stiltonby Phil StiltonTRENTON, N.J. — Members of the 9th Legislative District warned Friday that soaring electricity and natural gas rates have created a “full-blown crisis” in New Jersey, calling for immediate financial …
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New Jersey Lawmakers Seek to Cap Electric and Gas Hikes at 2% Annually Amid Huge Spikes
by Phil Stiltonby Phil StiltonTrenton, NJ – As New Jersey residents grapple with escalating electric and gas bills, a new legislative proposal, Bill A5446, has emerged in the 2024-2025 session to curb the financial …
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New Jersey Dems Continue Blaming Republicans for Double Digit Energy Price Hikes
by Phil Stiltonby Phil StiltonTRENTON, N.J. — Senate Republican Leader Anthony M. Bucco accused New Jersey Democrats of deflecting blame for rising energy costs, arguing that their policies have driven up prices and jeopardized …
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Murphy’s budget includes over $1 billion in tax hikes, Republican lawmaker warns
by Phil Stiltonby Phil StiltonTRENTON, N.J. — Gov. Phil Murphy’s proposed budget would raise taxes by more than $1 billion, according to calculations by Assembly Budget Committee member Brian Rumpf, who criticized the plan …
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US and World News
‘He Has The Political Mandate’: Companies Scramble To Respond To Trump’s ‘Beautiful’ Tariff Hikes
Companies are scrambling to respond to President-elect Donald Trump’s “beautiful” tariff proposals that his administration may seek to enact early in his second term. Proactive steps that companies are taking …
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Breaking News
Rally Against New Jersey Transit Fare Hikes, Service Troubles Planned in Newark
by Phil Stiltonby Phil StiltonTransit Riders to Rally Against NJ Transit Fare Hikes Newark, NJ — In response to impending fare hikes, transit riders will rally outside NJ Transit headquarters, urging Governor Murphy to …
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TRENTON, NJ – Mass transit services in New Jersey are running out of money. Mass transit, one of the cornerstones of Governor Murphy’s green energy agenda is about to get …
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Trenton, NJ – The Senate Environment and Energy Committee has taken a decisive step toward environmental justice and energy affordability for low-income and historically marginalized communities in New Jersey. Sponsored …
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LONDON (Reuters) – Major central banks have likely come to the end of what has been the most aggressive tightening cycle in decades, but some are pushing back against market …
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In the News
Swiss central bank chief says further rate hikes not necessary – paper
by Reutersby ReutersZURICH (Reuters) – Further interest rate hikes from the Swiss National Bank are not needed given the bank’s latest inflation forecasts, SNB Chairman Thomas Jordan told Swiss newspaper Aargauer Zeitung …
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In the News
Japan’s northern Aomori prefecture offers early sign of broadening wage hikes
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – Japanese policymakers searching for clues on whether wage hikes will become widespread may find relief in a central bank survey in the northern prefecture …
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In the News
BOJ to go slow in rate hikes after ending negative rate, says ex-central bank official
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – The Bank of Japan may end negative interest rates in April but will likely go slow in any further steps towards normalising ultra-loose monetary …
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LONDON (Reuters) – Net borrowing by British consumers was the highest in nearly seven years in November and lenders approved the most mortgages since June, according to Bank of England …
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In the News
Bank Indonesia likely done with hikes, first cut in Q3 2024: Reuters poll
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – Bank Indonesia will maintain its key policy rate for a second month on Thursday as inflation is within its target range and the rupiah …
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In the News
Philippine central bank done with rate hikes; first cut seen in Q3 2024, same as Fed
by Reutersby ReutersBy Anant Chandak BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.50% for a second time on Thursday thanks to cooling inflation and …
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(Reuters) – New Zealand’s Fonterra Co-operative on Thursday increased its fiscal 2024 earnings and farmgate milk price forecasts, citing strengthening demand for reference commodity products from key importing regions. The …
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In the News
Global rate hike cycle peters out in November, EM cuts outstrip hikes
by Reutersby ReutersBy Karin Strohecker and Sumanta Sen LONDON (Reuters) – The global monetary tightening cycle was in its last throes in November, with major developed central banks delivering just one increase …
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In the News
Russian business braces for more tax hikes, seeks predictability – lobby chief
by Reutersby ReutersMOSCOW (Reuters) – Russian businesses accept that another round of tax hikes is inevitable as the government seeks to rein in a ballooning budget deficit but they want more predictable …
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United Auto Workers (UAW) members at Ford Motor have voted in favor of a tentative labor deal, the union’s vote tracker showed on Friday, locking in a contract that offers …
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NEWARK, NJ — The Port Authority and the South Jersey Transportation Authority have proposed budget plans for the upcoming year, which include potential toll increases. Drivers crossing the Hudson via …
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In the News
Retail traders cash out as market rallies on bets of end to rate hikes
by Reutersby ReutersBy Medha Singh (Reuters) – U.S. retail traders rushed to lock in gains from a share rally sparked by signs of cooling inflation, looking to recoup losses in their portfolios …
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In the News
Japan’s Kishida wants businesses to make higher wage hikes next year
by Reutersby ReutersTOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday asked business leaders to raise wages in next year’s spring labour negotiations to a level higher than this year’s against …