Economy
New Jersey tolls, transit fares and bike-share prices rising in 2026 [nj.com]
Transportation costs rising in 2026: New Jersey tolls, transit fares and bike share rates are increasing for drivers, riders and cyclists alike. Plan ahead for higher costs on toll roads and bike-share trips.
Economy
NEWS RELEASE: New Jersey Labor Unions Announce New Coalition Dedicated to Climate Action, Affordability, and Union Jobs
“When union labor leads, everyone succeeds. If New Jersey is serious about lowering energy bills and meeting skyrocketing demand, we must start building energy here, and we must start now,” said Greg Lalavee, Business Manager of Operating Engineers Local 825. “Through Climate Jobs New Jersey, we are laying out a simple plan: build energy here, store it here, and put New Jersey back in charge of its own energy future.”
Economy
$20M NJ AI Hub fund launched to boost state’s AI startups [NJBIZ]
NJEDA and CoreWeave have launched a $20M NJ AI Hub Fund to support AI startups tied to the NJ AI Hub and boost innovation and job growth statewide.
Economy
PSEG readies electric grid for FIFA World Cup events [BINJE]
PSEG steps up to power the 2026 FIFA World Cup in New York-New Jersey. The World Cup is expected to place unprecedented demand on infrastructure. Reliable electricity will help keep the world’s biggest soccer tournament running smoothly.
Economy
34-Story Jersey City Tower to Replace Parking Lot with 360 Apartments, Including 90 Affordable Units [NJ.com]
A 34-story tower is set to replace a Jersey City parking lot with 360 apartments, including 90 affordable units. Another major step forward for transit-oriented growth in Journal Square.
Economy
NJBIA 67th Business Outlook Survey: Increased Energy Costs, Tariffs Further NJ’s Business Affordability Malaise [NJBIA]
"On a national level, tariffs, or the uncertainty around them, proved difficult for some. And on a statewide front, rampant energy cost increases also served as a strong and largely unexpected deterrent to profits."
Economy
The 5 Costliest Natural Disasters in New Jersey History
New Jersey has faced nature’s wrath time and again. These five storms alone caused more than $33 billion in damage, reshaping communities and infrastructure statewide.
Economy
Major battery maker leaving N.J. to bring 1,000 jobs to Pittsburgh in $352.9M move [NJ.com]
"The country’s largest manufacturer of zinc batteries is investing $352.9 million to relocate its headquarters from Middlesex County to a larger space in Allegheny County in Pennsylvania."
Economy
Paramount lease marks milestone in New Jersey’s studio infrastructure boom [NJ.com]
Big win for NJ: Paramount and Skydance sign a 10-year lease at Bayonne’s 1888 Studios — set to become the largest purpose-built film production campus in the Northeast.
Economy
100 Years of coastal defense: From bulkheads to beaches to new tools
Beach replenishment is not just about erosion control and preserving a way of life; the Jersey Shore is a cornerstone of New Jersey’s economy.
Economy
Second phase of Netflix’s $900M studio wins approval in Eatontown [Two River Times]
“The Eatontown Planning Board’s approval of the next phase of Netflix Studios Fort Monmouth marks a significant step forward in our efforts to bring world-class film and television production to New Jersey.”
Economy
AI experts return from China stunned: The U.S. grid is so weak, the race may already be over [Fortune]
"'Everywhere we went, people treated energy availability as a given,' Rui Ma wrote on X after returning from a recent tour of China’s AI hubs."
Economy
Analysis says Turnpike project will boost economy by $2.8 billion, create about 25,000 jobs [ROI-NJ]
"A major portion of the project is the replacement of the Vincent R. Casciano Bridge over Newark Bay with twin cable-stayed bridges."
Economy
Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructure [Reuters]
"The investment in Pennsylvania comes less than a week after Amazon said it will invest $10 billion in North Carolina and announced plans to invest more than $5 billion in its new cloud infrastructure in Taiwan."
Economy
Data Centers: New Jersey’s Position in a Booming Market
"For New Jersey, the path forward hinges on addressing its power infrastructure challenges and maintaining its competitive edge through continued investment and innovation. Success will mean not only capturing a share of this high-growth sector but also reaping the economic and jobs benefits that come with it."
Economy
How New Jersey Landed Netflix [Hollywood Reporter]
"The gigantic renovation project, in which Netflix will turn a long-abandoned U.S. Army base into a dozen soundstages, a backlot, state-of-the-art post-production facilities, general office space and basically 500,000 square feet of all things Netflix"
Economy
2025 ASCE Infrastructure Report Card
The national grade for infrastructure improved from C- in 2021 to C in 2025. Nearly half of the assessed categories saw grade increases, with ports receiving the highest grade (B) and stormwater and transit rated lowest (D). For the first time since 1998, no category received a D- grade.
Economy
BRILLIANT MINUTES: AI’s energy needs [WBAY TV-2]
AI is going to change the way that we live, work, and play much like the smartphone and personal computer did. Maybe even more. There's...
Economy
Unlocking South Jersey’s Economic Potential Through Infrastructure
Several key infrastructure initiatives in South Jersey are expected to bring solutions to longstanding issues and spur job growth and economic activity in the...