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Top News & Analysis New Jersey

  • FRANKFURT- Federal Board member Wuermeling gives speech at the Aefma Annual General Meeting 2330 GMT. MADRID- Chicago Fed President Charles Evans and ECB Chief Economist Peter Praet speaks in Madrid- 1300 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before the...

  • FRANKFURT- Federal Board member Wuermeling gives speech at the Aefma Annual General Meeting 2330 GMT. MADRID- Chicago Fed President Charles Evans and ECB Chief Economist Peter Praet speaks in Madrid- 1300 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before the...

  • WASHINGTON— House Speaker Paul Ryan guaranteed a win on the Republican plan to dismantle Barack Obama's health care law. The episode is a danger point for the relationship between Trump and Ryan, who had an awkward pairing during the campaign but worked in tandem on the GOP health measure. With a Republican in the White House, passage seemed almost guaranteed.

  • NEW YORK, March 24- The dollar hovered around a four-month low against the Japanese yen on Friday, ahead of a vote in Washington on new healthcare legislation that some investors view as a litmus test of whether U.S. The dollar weakened slightly after Republicans in Congress said they lacked the votes to pass their proposed U.S. healthcare system overhaul, and a...

  • TRENTON, N.J.— Legislation passed by lawmakers this week would let New Jersey police and firefighters control their $26 billion pension fund instead of the state. Chris Christie's desk to consider. Actuarial reports indicate the Police and Firemen's Retirement System is $11 billion short of what it needs to pay for promised benefits.

  • March 24- Wall Street's predilection for a glass-half-full view of President Donald Trump was on full display Friday as investors backed off fears that a failure to repeal Obamacare would endanger Trump's entire agenda in favor of optimism that he would simply get on with tax cuts and infrastructure spending. As the clock ticked down to a close vote in the...

  • March 24- Wall Street's predilection for a glass-half-full view of President Donald Trump was on full display Friday as investors backed off fears that a failure to repeal Obamacare would endanger Trump's entire agenda in favor of optimism that he would simply get on with tax cuts and infrastructure spending. As the clock ticked down to a close vote in the...

  • March 24- Wall Street's predilection for a glass-half-full view of President Donald Trump was on full display Friday as investors backed off fears that a failure to repeal Obamacare would endanger Trump's entire agenda in favor of optimism that he would simply get on with tax cuts and infrastructure spending. As the clock ticked down to a close vote in the...

  • March 24- Wall Street's predilection for a glass-half-full view of President Donald Trump was on full display Friday as investors backed off fears that a failure to repeal Obamacare would endanger Trump's entire agenda in favor of optimism that he would simply get on with tax cuts and infrastructure spending. As the clock ticked down to a close vote in the...

  • NEW YORK— The Latest on a collision between trains operated by Amtrak and New Jersey Transit at New York's Penn Station:. The Long Island Rail Road says its riders should expect cancellations and delays during the evening rush hour because of an Amtrak derailment Friday morning at New York's Penn Station. Commuters can expect to face a difficult evening rush...

  • NEW YORK— Commuters to both New Jersey and Long Island faced a difficult journey home Friday evening after two passenger trains clipped each other during the morning rush at Penn Station, jolting riders and creating major travel disruptions but causing no serious injuries. The accident involved an Amtrak Acela Express train headed from Boston to Washington...

  • NEW YORK, March 24- A "massive amount of misconduct" in futures, options and swaps markets goes undetected because of insufficient data mining, Aitan Goelman, who until last month was enforcement chief for the top U.S. derivatives regulator, said in an interview. Goelman said a lack of resources meant the U.S. Commodity Futures Trading Commission did not have the...

  • RED BANK, N.J. _ Zais Group Holdings Inc on Friday reported fourth-quarter net income of $4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Red Bank, New Jersey- based company said it had profit of 29 cents. For the year, the company reported that its loss narrowed to $5.2 million, or 37 cents per share.

  • NEW YORK, March 24- A "massive amount of misconduct" in futures, options and swaps markets goes undetected because of insufficient data mining, Aitan Goelman, who until last month was enforcement chief for the top U.S. derivatives regulator, said in an interview. Goelman said a lack of resources meant the U.S. Commodity Futures Trading Commission did not have the...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • NEW YORK, March 23- Bank of America Merrill Lynch hired a team of four financial advisers in New Jersey from rival brokerage Morgan Stanley, the bank said Thursday. Michael Greenstone, John Araneo, Margie Manning and Anita Srivastava joined Merrill Lynch in Glen Rock, New Jersey, earlier this month. Morgan Stanley spokeswoman Christine Jockle confirmed that the...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey governor Jon Corzine. It also ends a trial that began on March 7 in the U.S. District Court in Manhattan, where several witnesses including Corzine...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion lawsuit in which the bankruptcy administrator of MF Global Holdings Ltd accused the auditor of malpractice that led to the collapse of the brokerage run by former New Jersey governor Jon Corzine. Terms were not disclosed, but the case was "settled to the mutual satisfaction of the parties,"...