Money

NJ Securities Bureau Urges Citizens To Report Suspected Elder Abuse

NEWARK —The New Jersey Bureau of Securities urged citizens throughout New Jersey to take a stand and join the fight against the “crime of the 21st century” by reporting suspected abuse of New Jersey’s seniors. The announcement was made today in recognition of World Elder Abuse Awareness Day.

OPINION: Volcker Rule Is A Step In The Right Direction

Dr. Tracy C. Miller

JPMorgan Chase, one of the nation’s largest banks, announced that it lost over $2 billion in trading over the last few months. This has emboldened supporters of the Volker rule, which prohibits banks that enjoy government support from making risky investments other than loans. The Volker rule is a step in the right direction of reducing the risk that banks take with their asset portfolios.

NJ Added 17,600 Jobs In May; Unemployment Rate Is 9.2%

TRENTON – New Jersey employers added 17,600 jobs to their payrolls in May, the largest monthly gain in more than seven years. New Jersey’s economy has now added jobs in eight out of the last nine months. Over the year, May 2011 – May 2012, total nonfarm employment in New Jersey has increased by 59,800 jobs.

Employers Need To Act Soon To Get Expanded Credit For Hiring Vets

WASHINGTON, D.C. — Employers that hired unemployed veterans during late 2011 and early 2012 had an expanded period to request the required certification for claiming the expanded Work Opportunity Tax Credit (WOTC). That expanded period ends on Tuesday, June 19.

IRS Warns New Jersey Residents About New Phishing Scam That Targets Military Members & Retirees

STATE — New Jersey residents should be on the lookout for a new email phishing scam now circulating that targets Department of Defense military members, retirees and civilian employees.