Money

Lesniak Introduces Plan To Make Atlantic City An International Internet Gaming Center

State Sen. Ray Lesniak

TRENTON – State Sen. Raymond Lesniak introduced a legislative plan on Thursday that would put Atlantic City at the center of an international gaming industry that is expected to experience rapid growth in the years ahead. The plan would help attract international gaming companies to Atlantic City, producing jobs, state revenue and economic expansion, Lesniak (D-Union) said.

NJ Reaches Settlement With Mortgage Company Accused Of Misleading Struggling Homeowners

John J. Hoffman

TRENTON – New Jersey has entered into a $6.25 million settlement with PHH Mortgage Corporation that resolves allegations the company misled financially struggling homeowners who sought loan modifications or other help to avoid mortgage delinquency or foreclosure, Acting Attorney General John J. Hoffman and Division of Law Director Christopher S. Porrino announced today.

[OPINION] Why Can’t Congress Aim Higher?

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Congressional budget negotiators are moving to meet a December 13 deadline to produce, well, something. For weeks, we’ve been told to keep expectations low. There’ll be no “grand bargain,” negotiators say. Commentators believe that even the narrowest agreement will be a signal achievement. So here’s my question: Doesn’t that seem like an awfully low bar to you?