News
N.J. tax collections rise 9.2% in December; year-to-date revenues remain ahead of forecast, Treasury says
2+ hour, 54+ min ago (233+ words) TRENTON, N.J. " New Jersey's December revenue collections for the state's major taxes totaled $5.166 billion, up $433.9 million " a 9.2% increase from the same month a year earlier " with growth driven primarily by the Gross Income Tax, the Treasury Department said. Fiscal year-to-date collections…...
New Jersey announces higher unemployment, disability benefit rates for 2026
2+ week, 4+ day ago (347+ words) TRENTON, N.J. " The New Jersey Department of Labor and Workforce Development announced increases to maximum benefit rates and taxable wage bases for several worker benefit programs that will take effect Jan. 1, 2026. Under the new rates, the maximum weekly Unemployment Insurance benefit…...
Retail Monitor shows strong November gains as holiday spending tracks NRF forecast
1+ mon, 4+ day ago (289+ words) WASHINGTON, D.C. " Retail sales rose solidly in November compared with last year, keeping the holiday season on pace to meet industry spending expectations, according to new data released Thursday by the CNBC/NRF Retail Monitor, powered by Affinity Solutions. According to…...
Thanksgiving weekend expected to bring record 186.9 million shoppers, retail group says
1+ mon, 3+ week ago (430+ words) WASHINGTON, D.C. " A record 186.9 million people are expected to shop from Thanksgiving Day through Cyber Monday this year, according to a consumer survey released Wednesday by the National Retail Federation and Prosper Insights & Analytics. The total surpasses last year's record of…...
Major N.J. tax revenues rise 5.4% in October despite continued CBT slump
1+ mon, 3+ week ago (445+ words) TRENTON, N.J. " New Jersey's major tax revenues grew 5.4 percent in October even as Corporation Business Tax collections continued to lag, the state Department of the Treasury reported this week. Total collections for the month reached $3.189 billion, an increase of $164.7 million over…...
Turkey prices fall as 2025 Thanksgiving dinner costs dip despite higher food inflation, report finds
2+ mon, 1+ day ago (497+ words) A new analysis from the Wells Fargo Agri-Food Institute shows that the cost of a traditional Thanksgiving dinner is expected to drop this year, even as overall grocery prices continue to rise. According to the report, released Thursday, a full…...
N.J. unemployment claims rise due to school-related filings; state issues data amid federal shutdown
2+ mon, 3+ day ago (204+ words) TRENTON, N.J. " Initial unemployment insurance claims in New Jersey rose sharply during the week ending Nov. 8, largely due to seasonal school-related filings, the New Jersey Department of Labor and Workforce Development (NJDOL) announced Thursday. Initial claims totaled 12,980, an increase of 34.1 percent…...
Retail sales rebound in October ahead of holiday shopping season, NRF says
2+ mon, 6+ day ago (299+ words) WASHINGTON, D.C. " Retail sales strengthened in October, posting both monthly and year-over-year gains as consumers prepared for the holiday shopping season, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, and released Monday by the National Retail Federation (NRF)....
New Jersey unemployment claims rise slightly as federal shutdown continues
2+ mon, 1+ week ago (227+ words) TRENTON, N.J. " The New Jersey Department of Labor and Workforce Development (NJDOL) reported an increase in unemployment insurance claims for the week ending Nov. 1, 2025, as the ongoing federal government shutdown continues to impact workers. According to NJDOL, initial claims for unemployment…...
Holiday spending expected to rise nearly 3% in 2025, Affinity Federal Credit Union reports
2+ mon, 1+ week ago (413+ words) As families prepare for the holiday season, new data from Affinity Federal Credit Union (Affinity) shows that Americans can expect to spend about $2,828.29 on holiday-related expenses this year " a 2.9% increase from 2024s total of $2,749.42. The rise aligns closely with the national…...